Paul Krugman discusses the economics of GOP candidate Ron Paul.
Now, it’s still very unlikely that Ron Paul will become president. But, as I said, his economic doctrine has, in effect, become the official G.O.P. line, despite having been proved utterly wrong by events. And what will happen if that doctrine actually ends up being put into action? Great Depression, here we come.
http://www.nytimes.com/2011/12/16/opinion/gop-monetary-madness.html?_r=3&ref=opinion