Austrian Business Cycle Theory Gets Huge Cheers

From MSNBC’s initial report on Ron Paul’s Rally for the Republic: “The most passionate of applause lines so far? Upon one speaker’s single pronunciation of ‘the Austrian Theory of the Business Cycle,’ members of the audience leapt to their feet with enraptured cheers.”

I’m happy to say that was my line. Normally you know what your applause lines are going to be — and let’s just say I didn’t see that one coming.

The report cites other lines that the crowd liked: “the ‘neoconservative death cult,’ ‘the blockheads who rule us,’ and any mention of the RNC over the river in St. Paul, a.k.a. ‘that snorefest down the street.'” Mine, too. Would love to get a good-quality YouTube of it so my mother can see what her son is up to. (Thanks to Chris Robertson for the link.)

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10:04 pm on September 3, 2008