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Source link: http://archive.mises.org/8169/the-cause-that-wont-go-away/

The Cause That Won’t Go Away

June 3, 2008 by

Ron Paul did heroic work this year and last — as he has throughout his career — in constantly reminding people of the need to discuss foundational issues of monetary policy. His work led many people to look up further resources. And what do they find? They find essays and books by Rothbard, Mises, de Soto, and so many others on Mises.org. Here is the world center of good intellectual work on the gold standard.

It took all these years to put together this treasury of writings. We did it, under the inspiration of Murray Rothbard, while hardly anyone else cared about it, or bitterly opposed it. Generous donors supported us in this cause when it was unpopular to do so. But because of the resources devoted to it, these works are all available when they are needed most. This is what it means to do entrepreneurial intellectual work. You write and talk about principles during times when people say what you are doing is ridiculous. Only later is your work seen as visionary.

Why is the gold standard back again as a topic of debate? FULL ARTICLE


Bernard June 3, 2008 at 11:35 am

If only more politicians were familiar with the works of Rothbard and de Soto. Paul has my respect for his willingness to consider and sometimes embrace intellectual work on the cusp of genius.

John McCain is no Ron Paul.

Ellen June 3, 2008 at 3:34 pm

I believe Ron Paul also wishes to overturn Roe v. Wade, as well as the 14th amendment, for much the same reasons? It’s the central government forcing it’s will upon the states, whom he believes should be able to choose the laws as they see fit. In Paul’s case, he didn’t choose the position because some Christian leader said he should, but because it’s in accordance with his principles – something I respect.

So yes, Ron Paul is no John McCain, but he’s no different on the issue mentioned in the article linked. Just clearin’ things up.

On the actual article posted: Although I’m already a firm believer in the gold standard, I greatly enjoyed listening to Dr. Salerno discuss the issue and field the questions (even the somewhat kooky ones.) Are there other things like this on Mises.org, and if not, has the Mises institute ever considered hosting some sort of organized online program like the C-SPAN interview?

Hyrum June 3, 2008 at 7:09 pm

Whats more important then having politicians know about Austrian Economics is spreading the word to people we know. Any politicians who know about Austrian Economics will be marginalized like Ron Paul was until there are enough educated people who can keep the establishment from marginalizing the pro-liberty politicians.

Brent June 3, 2008 at 7:16 pm

Ellen, there is a ton of audio and video under the media link: http://mises.org/media.aspx

Jeremy June 3, 2008 at 8:08 pm

LLewell, this is an excellent article and one that inspires hope instead of despair – hope that Americans will find the answers before it is too late (ie before a collapse of the dollar).

The answers are out there waiting for those who are inspired to look, as some inevitably will do as the dollar continues to be devalued. De Soto makes theoretical arguments that destroys all counter-objections to 100% commodity reserve backed money (also arguing that a free market in money with no government intervention would lead to such a standard even if lending of demand deposits, ie counterfeiting, were still allowed), on the shoulders of intellectual giants that came before him.

@Hyrum – Yes, it falls to us to tell our friends and family before it is too late. The Internet is another powerful medium that has reached many. But is there someway we can enter the mainstream discussion?

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