Ralph Benko

He serves as an advisor to and editor of the Lehrman Institute's thegoldstandardnow.org and senior advisor to the American Principles Project. Benko founded the Prosperity Caucus gathering of supply-side and free-market economists; served on detail as a deputy general counsel to the President’s Commission on Privatization and on White House agency staff under President Reagan. He holds a B.A. from Amherst College and a J.D. from Boston University Law School and is retired from the bar of the State of New York.

Posted March 24, 2015

Both Republicans and Democrats are struggling with, rather than changing, a gratuitously poor status quo. Memo to our political leaders: When all of the answers lead to pain for you and for America its time to change the question.

Posted March 18, 2015

One of the most frightening forces at work in the world today is the tendency of Big Government toward perversion of science.

Posted March 10, 2015

On February 27th, at the Fed headquarters at the corner of 20th and Constitution, the Chair of the Federal Reserve Board of Governors, Dr. Janet Yellen, and Governor Lail Brainard, met with a delegation of 21 center right figures.

Posted March 03, 2015

A mysterious new technology emerges, seemingly out of nowhere, but actually the result of two decades of intense research and development by nearly anonymous researchers.

Posted February 25, 2015

Sen. Rand Paul is drawing liberal fire from many left wing commentators, now including Prof. Paul Krugman. Many of the criticisms are badly off base.

Posted February 24, 2015

Whether or not one supports Audit the Fed, the argument really cannot rest on the Feds independence. Fed independence currently is a polite fiction.

Posted February 17, 2015

The fact that Bush recognizes the possibility and implications of of a 4% rate of economic growth is extraordinary. Economic growth is not merely the best way. It is the only way to let the middle class thrive.

Posted February 10, 2015

Without what would come to be called macroeconomic intervention by the government, the Roaring 20s swiftly followed the Forgotten Depression. Then Black Tuesday would ensue.

Posted February 08, 2015

Rand Paul recently sat with me to share some of his views. The insights on his worldview left me persuaded that he deserves to be considered the most important public intellectual serving in the United States Senate.

Posted February 03, 2015

The lack of a moment of celebration of the end of the Cold War cheated America out of an opportunity to reorient itself. Silence submerged the lessons of an epic epoch.

Posted January 27, 2015

The real issue of money in politics is about the Fed, not the Kochs. The Feds political impact is orders of magnitude greater than all the billionaires money, bright and dark, left and right, combined.

Posted January 20, 2015

The new Congress has a chance at giving us a tax reform that would save us taxpayers something less than, but approaching, $168 billion dollars a year.

Posted January 13, 2015

Boehner may well be the worst thing to happen to progressives since December 26, 1991 when Gorbachev dissolved the USSR. The left understands this better than does the right.

Posted January 06, 2015

One, and only one, candidate, Barack Obama, caught the X-factor and improbably got himself nominated and elected, and re-elected, president. Another improbable candidate could catch it again.

Posted December 30, 2014

Neither the United States Secret Service nor the North Korean authorities take portrayals of the assassination of our respective incumbent supreme leaders lightly. But there is something more going on here.

Posted December 23, 2014

The financial markets are on a hair trigger as to when, and how quickly, the Fed will tighten and raise interest rates. Billions of dollars will be won or lost by investors on this wager.

Posted December 16, 2014

There has been much consternation expressed about President Obamas extralegal actions, especially suspending deportation of certain classes of undocumented aliens. Impeachment legally and politically would be completely unwarranted.

Posted December 09, 2014

Demonetized (as at present), gold merely is a commodity. The gold standard is a quality standard, not a quantity standard, and is about maintaining the integrity of the currency, not limiting its supply.

Posted December 02, 2014

The mortal struggle at hand today is not between the right and the left. It is not between Republicans and Democrats. It is not between the Congress and the president. It is between us (currently outsiders to our own government) voters and the Washington Insiders.

Posted November 25, 2014

The current Executive Action is called by its adversaries amnesty. In fact, it represents a temporary reprieve rather than a pardon, more likely to confound rather than promote a humane resolution. It is highly likely to cause a backlash against durable immigration reform.