Summary:
Democratic Senator Joe Manchin has killed President Biden’s mega-boondoggle “infrastructure” bill for now. But bad ideas never seem to stay dead in Washington, D.C. Economist and author Thomas Dilorenzo joins Tom to discuss the founding father of big government, bridges to nowhere, and inflation, and how his political heirs seized infrastructure and the currency from the private sector.
Guest Bio:
Thomas DiLorenzo is a former professor of economics at Loyola University Maryland and a member of the senior faculty of the Mises Institute. He is the author of The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton’s Curse; Organized Crime: The Unvarnished Truth About Government; and The Problem with Socialism.
“That’s because they don’t understand the purpose of government, which is for the people who run it to plunder the people who don’t.” – Thomas Dilorenzo (2010)
Links:
Thomas J. DiLorenzo Mises Institute
Additional Reading:
How Capitalism Saved America: The Untold History of Our Country, from the Pilgrims to the Present
The Real Lincoln: A New Look at Abraham Lincoln, His Agenda, and an Unnecessary War
Free Gift from Tom:
Download a free copy of Tom’s new e-book, It’s the Fed, Stupid, at itsthefedstupid.com.
It’s also available in paperback here.
It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.
It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.
Like the music on Tom Mullen Talks Freedom? You can hear more at
This discussion brought to mind the book, The Myth of the Robber Barons, which discusses James Hill in the very first chapter, I believe, or maybe the second chapter. I think that Cornelius Vanderbilt was actually the first chapter.
That is a great book, which I knew of, but had neglected to read for many years. I finally read it last year, and was grateful for the portraits it painted about many of the “evil” capitalist of that period, men who, for their own profit, built companies and projects that benefited multitudes while driving down costs.
Government destroys everything it touches, and cannot even do war well. This was a very good program, and Tom DiLorenzo is one of my favorite Austrians.