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Paul v. Paul

| May 4, 2012

It’s the battle of the great Pauls!  Okay…perhaps one great Paul and one evil Paul (I’ll let you decide which is which)…

My take on Krugman here is that he must be disingenuous when Paul talks about competition in currency and Krugman says he “has no idea what that’s about.”  He must be disingenuous because no Nobel laureate could be that ignorant.  Paul’s referring to one of Nobel-laureate Hayek’s most important ideas–and his proposed solution to the problem he highlighted which won him the Nobel prize to begin with!

Anyway, this segment is highly worth watching.  It’s the battle of the century…well, at least since these guys were around:

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Geoffrey Lawrence is director of research at Nevada Policy. Lawrence has broad experience as a financial executive in the public and private sectors and as a think tank analyst. Lawrence has been Chief Financial Officer of several growth-stage and publicly traded manufacturing companies and managed all financial reporting, internal control, and external compliance efforts with regulatory agencies including the U.S. Securities and Exchange Commission.  Lawrence has also served as the senior appointee to the Nevada State Controller’s Office, where he oversaw the state’s external financial reporting, covering nearly $10 billion in annual transactions. During each year of Lawrence’s tenure, the state received the Certificate of Achievement for Excellence in Financial Reporting Award from the Government Finance Officers’ Association. From 2008 to 2014, Lawrence was director of research and legislative affairs at Nevada Policy and helped the institute develop its platform of ideas to advance and defend a free society.  Lawrence has also written for the Cato Institute and the Heritage Foundation, with particular expertise in state budgets and labor economics.  He was delighted at the opportunity to return to Nevada Policy in 2022 while concurrently serving as research director at the Reason Foundation. Lawrence holds an M.A. in international economics from American University in Washington, D.C., an M.S. and a B.S. in accounting from Western Governors University, and a B.A. in international relations from the University of North Carolina at Pembroke.  He lives in Las Vegas with his beautiful wife, Jenna, and their two kids, Carson Hayek and Sage Aynne.

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