Ron Paul has stirred up a tempest by inviting Tom Dilorenzo to testify at a hearing on the Federal Reserve. What is striking to me about this move is how tin-eared a politician it shows Paul to be. DiLorenzo is both 1) not an expert on monetary economics and 2) a defender of Southern secession. If Paul wanted to defend abolishing the central bank, he had available to him people like Larry White and George Selgin who are both 1) experts on monetary economics and 2) not defenders of Southern secession.
So how did he wind up with DiLorenzo and not Selgin or White? Perhaps as the congressman representing the Mises Institute district, he felt compelled to send props to the folks back at home?