Creative Destruction In The Beltway
The spirit of economist Joseph Schumpeter's creative destruction theory, simply meaning that in order for a business to survive in a long term business cycle, you have to think about possibly destroying a monopoly. This unique business model is running through the halls of D.C. with Ron Paul's GOP presidential run.
So how does a politician capture the ideas of a free market economist and bypass the beaurocratic government officials? Simply act the role of a free agent. Another way of stating this is that an anti-politician politician is transparent while also fitting the mold of an outsider. Read Dr. Ron Paul.
Dr. Paul, a 72 year old ob-gyn specialist became interested in the Austrian style of economics through the work of Ludwig von Mises and Fredrick Hayek. Paul's economic quests eventually helped steer him towards his current position of being a Republican House Of Representatives member. Instead of being a cookie cutter neo-con, Paul considers himself a champion of freedom, better known as a libertarian.
Open your history book to the likes of Washington, Jefferson, and Madison. These three founding fathers promoted the idea of non-interventionaism. When a nation expands to empire status, disaster looms on the horizon. Nation building policies supports the military economic structure, while the rest of the nation suffers from the government borrowing from foreigners. Long run analysis points to higher taxes from overspending while inflation rises higher from the Fed's fiat currency being printed like clockwork.
Even though Dr. Paul's ideas are new to many of his grassroots supporters, he considers himself a traditional conservative with states rights beliefs that opposes federal government getting involved in everyday life. Paul supports abolishing the Federal Reserve System, bringing back the Gold Standard as a preventative measure to government spending, removing all troops from overseas, keeping government monetary incentives out of all legislation, keeping national sovereignty intact, and other political positions to be looked up. Dr. Paul simply votes his legislation in accordance to the Constitution.
While I highly support Dr. Paul's life long services of championing freedom, I really am supporting his ideas of a minimal government which does not meddle in foreign and economic affairs.
Dr. Paul's ideas cycle back to the creative destruction theory that Capital Hill and the White House needs to implement. By destroying parts of unnecessary government growth, Dr. Paul's vision of real freedom is achieved.
http://www.ronpaul2008.com/ Dr. Paul's Official Website
http://en.wikipedia.org/wiki/Political_positions_of_Ron_Paul Dr. Paul's Political Positions
http://www.angelfire.com/mo3/newsjunkie/libertarian.html
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So how does a politician capture the ideas of a free market economist and bypass the beaurocratic government officials? Simply act the role of a free agent. Another way of stating this is that an anti-politician politician is transparent while also fitting the mold of an outsider. Read Dr. Ron Paul.
Dr. Paul, a 72 year old ob-gyn specialist became interested in the Austrian style of economics through the work of Ludwig von Mises and Fredrick Hayek. Paul's economic quests eventually helped steer him towards his current position of being a Republican House Of Representatives member. Instead of being a cookie cutter neo-con, Paul considers himself a champion of freedom, better known as a libertarian.
Open your history book to the likes of Washington, Jefferson, and Madison. These three founding fathers promoted the idea of non-interventionaism. When a nation expands to empire status, disaster looms on the horizon. Nation building policies supports the military economic structure, while the rest of the nation suffers from the government borrowing from foreigners. Long run analysis points to higher taxes from overspending while inflation rises higher from the Fed's fiat currency being printed like clockwork.
Even though Dr. Paul's ideas are new to many of his grassroots supporters, he considers himself a traditional conservative with states rights beliefs that opposes federal government getting involved in everyday life. Paul supports abolishing the Federal Reserve System, bringing back the Gold Standard as a preventative measure to government spending, removing all troops from overseas, keeping government monetary incentives out of all legislation, keeping national sovereignty intact, and other political positions to be looked up. Dr. Paul simply votes his legislation in accordance to the Constitution.
While I highly support Dr. Paul's life long services of championing freedom, I really am supporting his ideas of a minimal government which does not meddle in foreign and economic affairs.
Dr. Paul's ideas cycle back to the creative destruction theory that Capital Hill and the White House needs to implement. By destroying parts of unnecessary government growth, Dr. Paul's vision of real freedom is achieved.
http://www.ronpaul2008.com/ Dr. Paul's Official Website
http://en.wikipedia.org/wiki/Political_positions_of_Ron_Paul Dr. Paul's Political Positions
http://www.angelfire.com/mo3/newsjunkie/libertarian.html
[HOME]
Labels: Austrian Economics, Creative Destruction, Economy, Libertarianism, Monetery Policy, politics, Ron Paul, Vote
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