Mainstream Economists: Ron Paul Is ‘Dangerous’

To get a sense of just how intellectually and morally bankrupt mainstream academic economics has become, this article tells all, however unknowingly, since the author believes the quoted economists are correct: Another professor who teaches at the University of North Carolina at Chapel Hill, Michael Salemi, was able to identify statements from six candidates that “would earn failing grades in my Econ 101 class.” Salemi called Ron Paul’s rationale for returning to the gold standard “one of the most dangerous ideas put forward by a politician in recent years.” (emphasis mine) All in all, the economists quote the Keynesian line … Continue reading Mainstream Economists: Ron Paul Is ‘Dangerous’