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In LewRockwell.com, Dr. Ron Paul, former congressman and presidential candidate, outlines the keys to achieving prosperity and social cohesion. He writes (abridged):
A libertarian society would leave the provision of aid to the needy to local communities, private charities, and religious organizations. Unlike the federal welfare state, private charities can provide effective and compassionate aid without damaging family structure or making dependency a way of life. In a libertarian society, individuals could pursue economic opportunity free of the burdens of government regulations and taxes, as well as free of the Federal Reserve’s fiat currency.
Free markets, individual liberty, limited government, sound money, and peace are key to achieving prosperity and social cohesion. Those sincerely concerned about improving all human lives should turn away from the teaching of Karl Marx and John Maynard Keynes, who advocated expansive government power, and, instead, embrace the ideas of pro-liberty writers such as Ludwig von Mises and Murray Rothbard.
Dr. Ron Paul is a former member of Congress and Distinguished Counselor to the Mises Institute.
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