Former Rep. Ron Paul (R-Texas) is launching a foreign policy institute focused on undercutting U.S. interventionism.

“The neo-conservative era is dead,” proclaims the media advisory on his Facebook page announcing the Ron Paul Institute for Peace and Prosperity.

“The ill-advised policies pushed by the neo-cons have everywhere led to chaos and destruction, and to a hatred of the United States and its people. Multi-trillion dollar wars have not made the world a safer place; they have only bankrupted our economic future. The Ron Paul Institute will provide the tools and the education to chart a new course with the understanding that only through a peaceful foreign policy can we hope for a prosperous tomorrow.”

The group promises to focus on coalition-building across party lines and creating opportunities for students to engage on the topic.