Ron Paul: Abolish all Price Controls – Let the Free Market Function!

by Ron Paul As the northeastern United States continues to recover from Hurricane Sandy, we hear the usual outcry against individuals and companies who dare to charge market prices for goods such as gasoline. The normal market response of rising prices in the wake of a natural disaster and resulting …

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Ron Paul: No More Bailouts! Banks Should Be Allowed to Fail…

by Ron Paul French businessman and economist Jean-Baptiste Say is credited with identifying the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted to operate.  Or in Say’s words, “products are paid for with products.” English classical economist David Ricardo, …

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