Ron Paul's First Hearing
By David Henderson
Congressman Ron Paul, a man I admire a great deal, held his first hearing on February 9. I posted on one aspect of it here. I was surprised at his choice of one of witnesses, Tom DiLorenzo. Although I defended Tom from the attack of one of the Congressmen, he is not an expert on monetary policy. He did a reasonable job and, if I were given a chance to testify, I would have also. So my criticism is of Ron Paul, not Tom DiLorenzo. If Ron Paul had wanted an Austrian economist who follows monetary policy closely, why not choose Lawrence H. White, George Selgin, or Jeff Hummel?