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 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.

Posted November 18, 2014

The GOP could, of course, stumble. As of now, though, it looks like the 114th Congress is more likely to do right by, rather than wrong to, America.

Posted November 12, 2014

As noted in my previous column, AEIs James Pethokoukis and National Reviews Ramesh Ponnuru among many others appear to have fallen victim to what I have called the Eichengreen Fallacy. This refers to the demonstrably incorrect proposition that the gold standard caused the Great Depression.

Posted November 11, 2014

AEIs James Pethokoukis and National Reviews Ramesh Ponnuru among many others appear to have fallen victim to what I have called the Eichengreen Fallacy, the demonstrably incorrect proposition that the gold standard caused the Great Depression.

Posted November 04, 2014

The national Democratic Party has staked its retention of a Senate majority on a few carefully chosen campaign themes: denouncing Republican oligarchs flooding the election with political ads; deploring the War On Women; and, most emphatically, attacking what they call income inequality.


Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!