‘Wormhole Economics’

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Here is a despicable, ignorant and economically illiterate attack on Ron Paul, written by one Sven R. Larson, Ph.D., Research Fellow, Wyoming Liberty Group. This latter organization is one of the state free enterprise think tanks, and, indeed, they often do good work. Not, however, in this particular case.

Larson’s “argument” is that Ron Paul wants to reduce the size of government too quickly and that this is equivalent to “wormhole economics.”

For an incisive antidote to this Keynesian gibberish, see this. Also see this material:

Blanchette, Jude. 2004. “The Trouble With the EU,” June 16;

Erhard, Ludwig.1957[1975]. Prosperity Through Competition, Greenwood Press;

Formaini, Robert L. 2005. “Germany: Doomed by Schmollerism,” November 4;

Higgs, Robert. 1996. “Reform Is Not Possible”;

Hodgson, Fergus. 2012. “Ron Paul walks the talk: Rebuttal to the Liberty Bullhorn“;

Tucker, Jeffrey. 2010. “Erhard Persuades the Business Class,” June 3;

Vogelgesang, Frank. 2002. “Ludwig Erhard, We Need You,” April 24.

6:22 pm on January 3, 2012