Sarah Palin, Peter Schiff and von Mises

http://www.youtube.com/user/SchiffReport - if you listen to Peter Schiff, you'll come away convinced Sarah is absolutely right re financial crisis. She's being a maverick in going against the grain that lack of regulation was the cause. BUT SHE IS RIGHT. :) And her economic views will be proved right. But in order to help get those views out there, we need IMHO to support economist Peter Schiff in his campaign for senate in Connecticut. Sarah's economic views are part of an economic movement we need to support: Schiff is the focus of that movement. his stated himself that his aim is to educate Washington in real economics. make them see sense.

I think this needs to be emphasised: Sarah Palin's position on the economy is outside of the mainstream but the mainstream is wrong. Her views are right BECAUSE they are the views of Peter Schiff - the stock broker who predicted the 2008 financial crisis because of the housing bubble. But ... both Schiff and Ron Paul frequently say that it is not their genius it's Mises ie Ludwig Von Mises. Please check out his wikipedia entry. So Sarah has some serious intellectual force behind her economic views whereas obama has .... Keynes at best and Marx at worst.

Sarah Palin is more advanced economically than Ronald Reagan who was a monetarist eg a follower of Milton Friedman who was halfway there but not part of the Austrian School of economics.

I'm impressed, coz it is only she, Schiff and Paul who know any proper economics. :)

perhaps this is why she has quoted Plato and Aristotle in the past: she's smart.

So in summary: von Mises is the intellectual giant who vindicates common sense economics: the market should determine interest rates and we must return to the gold standard.

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