[Below is a speech I delivered to the Southern California Republican Women and Men, of which I am President, on April 26 of this year. Since being published on my blog www.HHCapitalism.com two months ago, it has risen into the Top 10 all-time most-read posts (of almost 300 posts over 8 years) on that site.]
Today, our meeting competes with the California State Convention of the Young Americans for Liberty at USC; and coincidentally, my talk today is about Libertarianism and Republicans. I did not know about that event before I planned my presentation. I don’t pretend to know anything in detail about that organization, but I do know something about Libertarianism from my own perspective; and with just enough serendipity today, I hope to make a positive contribution to the discussion.
People sometimes ask me if I am a Liberarian, to which I reply, well, yes, I have some libertarian tendencies–but it’s not like I have a meth lab in my Winnebago or anything. To clarify, I say that when I am elected President of the United States, Ron Paul will be my Czar in charge of the decommissioning of Fannie Mae, Freddie Mac, The Community Reinvestment Act, Dodd-Frank, Sarbanes-Oxley, Section 1706 of the 1986 Tax Equity and Fairness Reform Act (or TEFRA), and the Fed. On the other hand, as it pertains to foreign policy and geo-politics, my nominations for Ambassador to the United Nations and Secretaries of Defense and State are, in no particular order, John Bolton, John Bolton, and John Bolton. In the unlikely event that Mr. Bolton is unequal to all three commissions simultaneously, my alternates are Allen West and Benjamin Netanyahu (it shouldn’t be difficult to procure a credible birth certificate for Ben, considering precedent.)
Almost half of the attendees of CPAC (the Conservative Political Action Conference) were under the age of 26, and a plurality of these are libertarians or members of the liberty caucus. This is an international movement of youth who have opened their eyes and realized that as a generation, they have been screwed by the collectivist members of their parent’s generation and are determined to do something about it. In libertarianism, they see the solution.
Is this good or bad for Americans in general and Republicans in particular? In my opinion, it is on balance very good, with the caveat that like anything else, it needs to be understood by all at a greater-than-sophomoric level–or, like anything else again, it could just as easily lead to catastrophe.
So, what exactly is libertarianism? What do we need to understand about it?
The modern libertarian movement has its roots in the Austrian School of economics, which began in the late 19th century with Carl Menger and reached its apogee in the works of Friedrich Hayek (Nobel Laureate) and his mentor Ludwig von Mises, whose 93-year lifespan overlapped with Menger’s from 1881 until 1973–after Nixon had declared that “we’re all Keynseyans now.” (Come to think of it, that’s probably what killed him.)
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This post originally appeared on Western Journalism – Informing And Equipping Americans Who Love Freedom