Author Archive

Thomas DiLorenzo

Thomas J. DiLorenzo is the author of many books, including The Real Lincoln and How Capitalism Saved America. A professor of economics at Loyola College in Maryland and a senior fellow at the Ludwig von Mises Institute, he has written for the Wall Street Journal, USA Today, the Washington Post, Reader's Digest, Barron's, and many other publications. He lives in Baltimore, Maryland.

All governments are empires of lies.  As Murray Rothbard wrote in his essay, “Anatomy of the State,” tax-funded political payoffs to political supporters is never sufficient to sustain governmental power.  In addition to that, states must pound into the brains of citizens that their government is good, wise, and at …

To most people the issue of freedom of speech is a constitutional issue and a civil liberties matter.  But a number of free-market economists have written about it while insisting that one cannot separate political and economic freedom when it comes to freedom of speech.  Among them are F.A. Hayek, …

As everyone knows, Brandon never did campaign for president in 2020. Hiding behind the fraudulent façade of covid hysteria, the Demo-Bolshevik party bigwigs saw to it that he was hermetically sealed up in one of his mansions.  His only public appearances were choreographed speeches in parking lots attended by a …

My old friend Yuri Maltsev passed away on Thursday.  As many LRC and Mises.org readers know, Yuri was part of Mikhail Gorbachev’s Perestroika staff until he defected from the Soviet Union in 1989 and came to America.  He earned a Ph.D. at Moscow State University during the Cold War and, …

In Hayek’s famous 1944 book, The Road to Serfdom, he warned that the intellectual and political classes of the democracies of that time were embracing some of the same ideas that inspired Hitler’s Germany, Mussolini’s Italy, and Stalin’s Russia:  comprehensive government planning, hyper regulation of industry,  nationalization, welfare statism, and collectivism …

In recent years the unhinged Marxist Left in “higher” education along with the hard-Left pop communists in the teachers’ unions have been preaching that Thanksgiving is a celebration of genocide, mass murder, and imperialism.  The Pilgrims murdered all the Indians, they say, and then sat down and treated themselves to …

In an essay entitled “A Strategy of the Right” Murray Rothbard called John C. Calhoun’s Disquisition on Government “one of the most brilliant essays on political philosophy ever written.”  Rothbard considered Calhoun’s Disquisition to be a brilliant analysis of how the American political system could evolve into tyranny and how to stop that from happening –essential …

The Biden administration’s “Inflation Reduction Act” will increase inflation with hundreds of billions in additional government spending and money creation by the Fed while making supply chain problems even worse with onerous new corporate taxes, especially on energy, and myriad new “Green New Deal” environmental regulations.  Increased government spending and reduced production …

“Most economists are political apologists masquerading as economists,” wrote investor and author Doug Casey in an online article entitled “How Economic Witch Doctors Convince Everyone They’re Really Neurosurgeons.”  They “tailor theories to help politicians demonstrate the [alleged] virtue and necessity of their quest for more power” — so much so …

Perhaps the biggest falsehood ever pedaled about Abraham Lincoln is that he was devoted to the principles of the Declaration of Independence.  Exactly the opposite is true; he repudiated every one of the main principles of the Declaration with his words and, more importantly, his actions.  In our time the …