Ron Paul's Blog, page 230

Free Trade: A Key to a Rising Standard of Living

By Jacob G. Hornberger

Trade is a key to a rising standard of living in society, especially for those at the bottom of the economic ladder.

In every exchange, both sides benefit from their own individual subjective perspective. That’s because at the moment of the trade, they are both giving up something they value less for something they value more. Thus, trade enables people to improve their standard of living. The greater the ability of people to trade, the better off they are.

A simple exampl...

Why Stop At 15? ... Why Not A $100/hr. Minimum Wage?

By Liberty Report Staff

Walter Block eloquently explains:

The minimum wage does not require any employee to be hired. It mandates, only, that if he is taken on, then a lower bound on wages is applied. It is thus an unemployment law. It implies that low skilled workers will not get jobs. Suppose a worker’s productivity is $7 per hour, while the law requires a payment of $10. If a firm takes on such a person, it will lose $3 per hour.

There isn't a person or business out there that is going to pur...

Trump's Record Spy Budget - What Do We Really Get For $86 Billion?

The Trump Administration has requested a huge increase in the US spy budget, including a whopping $23 billion for the "black" budget. The reasons given are the increasing threats from Russia and China. Does all this spy spending really protect us...or is it just welfare for the Beltway bandits and scaremongers?

Is Trump Really About to Attack Venezuela?

By Ron Paul

Last week Secretary of State Mike Pompeo ordered the last of the US diplomats out of Venezuela, saying their presence was a “constraint” on US policy toward the country. The wording seemed intended to convey the idea that the US is about to launch military action to place a Washington-backed, self-appointed politician to the presidency. Was it just bluster, designed to intimidate? Or is the Trump Administration really about to invade another country that has neither attacked nor th...

The Essence of Society Is Peacemaking

By Lew Rockwell

This article was originally published in 2013.

The recent opening of the Ron Paul Institute for Peace and Prosperity was a watershed moment in American history. There has never been anything quite like it. Ideologically diverse, the Ron Paul Institute reaches out to all Americans, and indeed to people all over the world, who find the spectrum of foreign-policy opinion in the United States to be unreasonably narrow. Until Ron Paul and his new institute, there was no resolut...

Trump To Leave 1,000 Troops In Syria? What’s The Strategy?

The president has backpedaled yet again. Instead of seeing American troops return home from Syria "very soon," as President Trump promised, his neocon advisors have made sure that it's not going to happen.

A Balanced Budget In 15 Years?...Don't Hold Your Breath

Once again, we're seeing that there's really no philosophical differences between the two major parties. President Trump's proposed budget of record spending and record trillion dollar deficits could just as easily have been put together by a Democratic administration. The national debt will ultimately be unserviceable and the government bubble will come to a painful end. Ron Paul discusses on today's Liberty Report!

Ron Paul Joins Larry King To Discuss A Government That Continues Expand Under Trump

The Myth of Fed Independence

By Murray N. Rothbard

The following has been excerpted from The Case Against The Fed. Download a FREE digital copy of the book here.By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are under control of the Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed...

Senate Votes To End Yemen War...Will Trump Veto?

The Senate has passed "war powers" legislation ordering the president to cease and desist his cooperation with Saudi Arabia in the destruction of Yemen. A House vote is expected soon, which would throw the issue to the president who has promised a veto. Will there be political fallout for a president failing to accede to the will of Congress on matters of war and peace?