Thomas DiLorenzo

Textbook Communism: American Version

The same U.S. government that spent hundreds of billions of dollars and squandered tens of thousands of American lives in its “cold war” to supposedly defend against a communist takeover of America also spent hundreds of billions on…

“Nonsense on Stilts”: The Rhetorical Cornerstone of the American Welfare/Warfare State

In a 1922 essay about Lincoln’s Gettysburg Address in his book Prejudices: Third Series H.L. Mencken asked, “Am I the first American to note the fundamental nonsensicality of the Gettysburg Address”?  One example of the nonsense of Lincoln’s rhetoric as…

Lincoln’s Tariff War ~ March 2, 1861

When Charles Adams published his book For Good and Evil, a world history of taxation, the most controversial chapter by far was the one on whether or not tariffs caused the American War between the States. That chapter generated…

The Next Austrian School Renaissance

Having recently completed forty-one years as a university economics professor I am convinced that books like  in particular, and the Austrian School in general, are more needed than ever if Western civilization is to be saved from the onslaught…

False Virtue: The Life and Death of “American Exceptionalism”

The impending decline of the dollar is apparently imposing a real Halloween scare on the American foreign policy establishment. An August 22, 2023, article on the Council on Foreign Relations website entitled “The Future of Dollar Hegemony” explained…

False Virtue: The Life and Death of “American Exceptionalism”

The impending decline of the dollar is apparently imposing a real Halloween scare on the American foreign policy establishment.  An August 22, 2023 article on the Council on Foreign Relations Web site entitled “The Future of Dollar Hegemony”…

Hawaii’s “Bayonet Constitution”

News reports of how Hawaiians greeted Biden’s motorcade in Maui on August 21 with middle fingers and shouts of “F_ _ _ You!”  “F_ _ _ You!” was especially appropriate – if not a century or so too late –…

The Smiling Face Of American Terrorism

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…

Hayek, Friedman, Mises, & Rothbard on The Political Economy of Free Speech

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…

The Campaign Speech that Brandon Should Have Given

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…

Yuri Maltsev, R.I.P.

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…

Why the Left Must Destroy Free Speech – or Be Destroyed

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: …

Unhappy Marxist Thanksgiving, Everyone!

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…

Can “One of the Most Brilliant Essays on Political Philosophy Ever Written” Save America?

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…

Alexander Bidenton’s Standing IRS Army

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…

Economic Witch Doctors

“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…

Lincoln’s Repudiation of the Declaration of Independence

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…