American economics professor at Loyola University Maryland Sellinger School of Business
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Marxist / Socialist ideas and thinking have been on the rise in America for decades. For at least half of the country this has been puzzling. People will say to me, "It always seems that we are losing ground to the extreme left." How did we get here and how do we push back. You always must first accurately identify the problem before a solution can be worked out. Tom DiLorenzo has not only studied these things for years, he also worked side-by-side with all of the culprits.Mises Circle - Dallas, Texas 2015 - Tom DiLorenzohttps://www.youtube.com/watch?v=JS3ttzqTBqA
Tom DiLorenzo on Abraham Lincoln's Second American Revolution, from the 2005 Abbeville Institute Summer SchoolSupport the Institute: https://abbevilleinstitute.salsalabs.org/DonorForm1/index.html
Competition is a relentless, dynamic process of entrepreneurship and discovery. Tom DiLorenzo exposes how antitrust laws, rooted in flawed theories of monopoly and “perfect competition,” have served as government tools to punish success, stifle innovation, and prop up politically favored monopoliesRecorded at the Mises Institute in Auburn, Alabama, on July 22, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Tom DiLorenzo, President of the Mises Institute, talks to Shaun about the evils of bureaucracies, why so many Democrat cities are in bankruptcy, and Trump's tariff plan.See omnystudio.com/listener for privacy information.
In this episode of Healthcare Americana, host Christopher Habig talks with Dr. Tom DiLorenzo, President of the Mises Institute, about how Austrian economics can help fix America's broken healthcare system. They explore how government bureaucracy, inflation, cronyism, and rent-seeking drive up costs and reduce quality, while free market principles like competition and innovation offer a path to reform. Dr. DiLorenzo highlights the role of local initiatives, economic education, and grassroots efforts in creating meaningful healthcare change and emphasizes the need to treat healthcare as a market, not a government-run service.More on Freedom Healthworks & FreedomDoc HealthSubscribe at https://healthcareamericana.com/More on Dr. Tom DiLorenzo & Mises InstituteFollow Healthcare Americana: Instagram & LinkedIN
Tom DiLorenzo LIVE on LI in the AM w/ Jay Oliver by JVC Broadcasting
The Rod and Greg Show Daily Rundown – Friday, May 30, 20254:20 pm: Jim Antle, Politics Editor for the Washington Examiner, joins Rod and Greg to discuss his report on how the leftist media covered up Joe Biden's physical and mental decline.4:38 pm: Dr. Lance Izumi, Director of the Center for Education at the Pacific Research Institute joins the program for a conversation about how a San Francisco public school system has scrapped plans for a pilot equity grading system after backlash from families and local officials.6:05 pm: This hour will feature some of Greg's best conversations from this week that deserve to be heard again. We'll begin with his conversation with Sabrina Schaeffer of the R Street Institute regarding her DC Journal piece in which she writes that President Trump's reform efforts lack a clear message.6:20 pm: We'll listen back to Greg's conversation with Congressman Mike Kennedy regarding the move by the House of Representatives to codify some of the cuts made by DOGE.6:38 pm: We'll have an encore of Greg's conversation with Logan Spena of Alliance Defending Freedom regarding the Supreme Court's refusal to take up a case of censorship in public schools.6:50 pm: We'll listen back to Greg's interview with Tom DiLorenzo, President of the Mises Institute regarding National Public Radio's decision to sue the Trump administration over a loss of federal funding.
The Rod and Greg Show Daily Rundown – Tuesday, May 27, 20254:20 pm: Tom DiLorenzo, President of the Mises Institute, joins the show for a conversation about the decision of National Public Radio and several of its member stations to file a lawsuit against President Trump over his order to cut federal funding for public broadcasting.4:38 pm: Sabrina Schaeffer, Vice President of Public Affairs for the R Street Institute joins the show to discuss her piece for the DC Journal in which she writes the Trump administration's government reform efforts lack a clear roadmap to streamlining government.6:05 pm: Utah Congressman Blake Moore joins the show to discuss a bill he's sponsoring that aims to kickstart the production of electronics in the United States, as well as the passage of the Big Beautiful Bill.6:38 pm: Ireland Owens, a reporter with the Daily Caller joins Greg for a conversation about her story on how large corporations have scaled back their financial support of gay pride celebrations in the United States.
Revisionist history isn't denial—it's the pursuit of truth. Tom DiLorenzo exposes the dangerous "Treasury of Virtue" that justifies endless wars and imperialism.Recorded at the Mises Institute in Auburn, Alabama, on May 16, 2025.
President of the Mises Institute Tom DiLorenzo discusses his work on US history and economics, and the increasing influence of the Mises Institute and Austrian school economics.Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean's four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!The Saif House - High quality cloth hardcover bitcoin books by Saifedean & more delivered worldwide, with 10% off for paying in bitcoin - TheSaifHouse.com
Join Doc Holliday this week with his interview with the head of the Mises Institute as they discuss the Federal Reserve! Is... The post Talking About the Fed with Tom DILorenzo of the Mises Institute appeared first on WebTalkRadio.net.
Mises Institute President, Tom DiLorenzo, explains how bureaucracy became a self-feeding monster, rewarding failure, wasting resources, and building the Deep State through civil service "reform."Recorded in Phoenix, Arizona, on April 26, 2025.Special thanks to Dru Heaton, Jeff Leskovar, and Scott and Cathy Ullery for sponsoring this event.
Tom DiLorenzo, President of the Mises Institute, tells Shaun he is confused on what Trump is doing with tariffs.See omnystudio.com/listener for privacy information.
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International trade is the topic du jour. Mark Thornton shares his recent presentation at the Austrian Economics Scholars Conference about a timely and important book featuring many of your favorite authors, Free Trade in the Twenty-First Century: Economic Theory and Political Reality.“Why Smart People Are Rightly Confused About Tariffs” (Unanimity Podcast): Mises.org/U4 "Tariff Increases vs. Tax Cuts" (Minor Issues Podcast): Mises.org/MI_107Free Trade in the Twenty-First Century: Economic Theory and Political Reality, edited by Max Rangeley and Daniel Hannan: Mises.org/MI_113_BookApril 26 in Phoenix, Arizona, Dr. Robert Malone, Tom Woods, and Tom DiLorenzo will discuss the psychological operations in bureaucratic control, the madness of covid-era “public health,” and the corruption and hypocrisy of our federal bureaucracy. Enter for your chance to win a free ticket at https://mises.org/phoenixraffle25. The deadline is April 1. Winners will be announced the week of April 7.Be sure to follow Minor Issues at Mises.org/MinorIssues
Kerry Lutz and Tom DiLorenzo discussed the Mises Institute's documentary "Playing with Fire," which addresses the Federal Reserve's functions and implications, noting its significant viewership and featuring notable figures like Ron Paul. DiLorenzo emphasized the Fed's role in enabling government spending and the associated economic repercussions, such as inflation and financial crises, arguing that the true costs of government actions are obscured by the Fed's ability to monetize debt. Lutz proposed a National Cryptocurrency Reserve, suggesting that inflating Bitcoin's value could eliminate U.S. debt, though DiLorenzo expressed skepticism about its political feasibility and the risks of government involvement in Bitcoin. They critiqued the Fed's manipulation of interest rates and its regulatory role, citing the Community Reinvestment Act as a contributor to the 2008 financial crisis, and reflected on historical failures of central planning. DiLorenzo advocated for a return to gold-backed currencies and competing currencies as potential solutions to the issues created by the Federal Reserve Find Tom here: https://mises.org Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Mises Institute president, Dr. Tom DiLorenzo critiques the current state of higher education, highlighting issues like lack of accountability, government influence, and the rise of ideological agendas, while emphasizing the importance of free-market principles and academic freedom.Recorded in Tampa, Florida, on February 22, 2025.Special thanks to Liberty Villages and the Shrader family and Greg Roe for sponsoring this event.
Gabriel Custodiet speaks with Tom DiLorenzo about his efforts to expose Abraham Lincoln. Pushing against the soft “saint-like” treatment that historians have granted Lincoln, DiLorenzo exposes Lincoln's totalitarian tendencies, his contribution to the birth of American fiat currency, his war crimes, among other reasons to have disdain for the lauded president. Ultimately DiLorenzo explains how court historians can twist our understanding of history, use this twisting to advance the ends of the status quo, and themselves alter the course of history.The original episode is available at https://watchmanprivacy.com/podcast
Tom DiLorenzo and Kerry Lutz discussed the significant influence of Mises.org, which attracts over three million annual readers and fosters interest in libertarian principles, particularly among youth. DiLorenzo highlighted the role of professors in introducing students to Mises' writings and provided an overview of the Austrian School of Economics, emphasizing its focus on human action and market efficiency. They also critiqued government inefficiencies, particularly in the context of California's infrastructure failures during crises, contrasting it with more effective governance in states like Florida. Both expressed frustration with the state's political leadership, particularly Governor Newsom, for inadequate disaster management. The conversation further delved into the manipulation of economic statistics by politicians, with Lutz and DiLorenzo asserting that the true state of inflation and employment is often misrepresented. They discussed the necessity for government to adapt to technological advancements, citing historical examples of successful transitions in various industries. DiLorenzo reflected on the impact of automation on jobs, drawing parallels to past technological shifts. Additionally, they examined Mises' views on limited government functions and critiqued military interventions that disproportionately benefit a select few. The discussion highlighted the complexities of economic and military actions throughout history, underscoring the need for a more realistic understanding of these issues. Find Tom here: http://mises.org Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
On January 3, 2025, Tom DiLorenzo joined Tom Woods for a chat about Abraham Lincoln, Woodrow Wilson, and Franklin D. Roosevelt.Watch the Mises Institute's documentary Playing with Fire at Mises.org/FireThe original episode is available at https://tomwoods.com/ep-2589-axis-of-evil-americas-three-worst-presidents
On January 14, 2025, Tom DiLorenzo appeared on The Schilling Show.The original episode is available at https://cvillerightnow.com/podcasts/the-schilling-show-dr-sheila-furey-dr-julie-gatza-dr-bonner-cohen-thomas-dilorenzo
Mises Institute president Tom DiLorenzo joins me for a chat about Abraham Lincoln, Woodrow Wilson, and Franklin D. Roosevelt. Sponsors: Guerilla Ed: Sarah Plumley's "Rescue Your Children" course helps you navigate home education with confidence and ease. Craft a genuinely bespoke curriculum, uncover effective teaching strategies, and ignite your child's inner desire to learn. Check it out at SarahPlumley.substack.com Persist SEO Guest's Website Mises Institute Event Mentioned: Mises Circle in Phoenix (featuring the Toms and Dr. Robert Malone). Take $15 off with code Woods25 Tom D's Talk: Axis of Evil Show notes for Ep. 2589
Thomas DiLorenzo, president of the Mises Institute, joins the program to discuss the issues with the Federal Reserve and how it has caused never ending problems for the United States. We also believes many states will secede before allow the government to track, trace and manage our daily lives.You can see the most recent documentary “Playing with Fire: Money, Banking, and the Federal Reserve” at https://www.youtube.com/user/misesmedia or learn more about the Mises Institute at https://Mises.org
Matt McCaffrey is a former Mises Institute research fellow with an expertise in the American economist (and Austrian fellow-traveler) Frank Fetter. He joins Bob to discuss his newly published journal article exploring the dispute Fetter had with the august British economist Alfred Marshall over the theory of rent.Dr. McCaffrey's Journal Article: Mises.org/HAP480aFrank Fetter's Capital, Interest, and Rent: Mises.org/HAP480bMatt McCaffrey, “Frank Fetter and the Austrian Tradition in the United States”: Mises.org/HAP480cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24
Matt McCaffrey is a former Mises Institute research fellow with an expertise in the American economist (and Austrian fellow-traveler) Frank Fetter. He joins Bob to discuss his newly published journal article exploring the dispute Fetter had with the august British economist Alfred Marshall over the theory of rent.Dr. McCaffrey's Journal Article: Mises.org/HAP480aFrank Fetter's Capital, Interest, and Rent: Mises.org/HAP480bMatt McCaffrey, “Frank Fetter and the Austrian Tradition in the United States”: Mises.org/HAP480cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24
Keith Smith, MD is an anesthesiologist and founder of the cash-price Surgery Center of Oklahoma. In the wake of the shooting of UnitedHealth CEO Brian Thompson, Keith explains why US health care is so expensive and how to fix it. The Surgery Center of Oklahoma: Mises.org/HAP479aThe Story of the $100 Hospital Aspirin: Mises.org/HAP479bPrimal Prescription: Surviving the 'Sick Care' Sinkhole: Mises.org/HAP479cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24
Keith Smith, MD is an anesthesiologist and founder of the cash-price Surgery Center of Oklahoma. In the wake of the shooting of UnitedHealth CEO Brian Thompson, Keith explains why US health care is so expensive and how to fix it. The Surgery Center of Oklahoma: Mises.org/HAP479aThe Story of the $100 Hospital Aspirin: Mises.org/HAP479bPrimal Prescription: Surviving the 'Sick Care' Sinkhole: Mises.org/HAP479cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24
On December 18, 2024, Tom DiLorenzo appeared on Business Game Changers with Sarah Westall to discuss the Federal Reserve and how it has caused never ending problems for the United States. DiLorenzo also expects many states will secede before allowing the government to track, trace, and manage citizens' daily lives.Watch the Mises Institute's documentary Playing with Fire at Mises.org/FireThe original episode is available at https://sarahwestall.com/digital-slavery-and-playing-with-fire-money-banking-and-the-federal-reserve-w-tom-dilorenzo
Digital Slavery and Playing with Fire: Money, Banking, and the Federal Reserve with Tom DiLorenzo, President of the Mises Institute - SarahWestall.com
Using the heavily marketed movie "Wicked" as his news hook, Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s, including William Jennings Bryan's famous "Cross of Gold" speech. Bob fills in the details about the Wizard of Oz lore, and then explains the economics of bimetallism in the United States.Bob's Book, Understanding Money Mechanics: Mises.org/HAP478aThe Wikipedia Article on the Political Interpretations of The Wonderful Wizard of Oz: Mises.org/HAP478bThe Wikipedia Article on the Wicked Novel: Mises.org/HAP478cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
Shaun talks to Tom DiLorenzo, President of the Mises Institute, about President Trump's incoming economic plan.See omnystudio.com/listener for privacy information.
Biden hands out pardons like Oprah hands out cars! PLUS, Katy Talento, Executive Director of Alliance of Health Care Sharing Ministries, discusses with Shaun that America has the saddest, most over-medicated population in history - and how President Trump and RFK, Jr. will help make us healthy again. And Shaun talks to Tom DiLorenzo, President of the Mises Institute, about President Trump's incoming economic plan.See omnystudio.com/listener for privacy information.
Using the heavily marketed movie "Wicked" as his news hook, Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s, including William Jennings Bryan's famous "Cross of Gold" speech. Bob fills in the details about the Wizard of Oz lore, and then explains the economics of bimetallism in the United States.Bob's Book, Understanding Money Mechanics: Mises.org/HAP478aThe Wikipedia Article on the Political Interpretations of The Wonderful Wizard of Oz: Mises.org/HAP478bThe Wikipedia Article on the Wicked Novel: Mises.org/HAP478cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
David Glasner is a UCLA-trained economist specializing in monetary theory and the history of economic thought. He has disagreed in print with Murphy's take on the famous Sraffa-Hayek debate. David first explains his general views and then comments on the debate.Bob's Paper, "A Problem With the Pure Time Preference Theory of Interest": Mises.org/HAP477aDavid's Paper "The Sraffa-Hayek Debate on the Natural Rate of Interest": Mises.org/HAP477bFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
David Glasner is a UCLA-trained economist specializing in monetary theory and the history of economic thought. He has disagreed in print with Murphy's take on the famous Sraffa-Hayek debate. David first explains his general views and then comments on the debate.Bob's Paper, "A Problem With the Pure Time Preference Theory of Interest": Mises.org/HAP477aDavid's Paper "The Sraffa-Hayek Debate on the Natural Rate of Interest": Mises.org/HAP477bFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
Tom DiLorenzo, President of the Mises Institute, talks to Shaun about The Fed's self-serving propaganda.See omnystudio.com/listener for privacy information.
On November 7, 2024, Andrew Wilkow interviewed Tom DiLorenzo. With Trump as president, will we move in the direction of capitalism, or will we move in the direction of socialism?The original episode is available on Salem News Channel.
On November 6, 2024, Tom DiLorenzo appeared Financial Survival Network with Kerry Lutz to discuss the implications of China's economic strategies. They also discuss the US economy, government overreach, and the bureaucratic mindset.The original episode is available at https://FinancialSurvivalNetwork.com
On September 24, 2024, Tom DiLorenzo appeared on Tommy's Podcast to place current US political and economic issues in a historical perspective.The original episode is available at TommysPodcast.com.
On July 25, 2024, Tom DiLorenzo appeared on Everything's Political with Thea Shoemake to discuss the Federal Reserve.The original episode is available at https://www.iheart.com/podcast/966-everythings-political-70910324/
Can you take the Socialist out of a Democrat? Not when they are one in the same. PLUS, President of the Mises Institute, Tom DiLorenzo, talks to Shaun about failure being the government's success and urges to stop rewarding the government when it fails. And The Heritage Foundation's EJ Antoni tells Shaun why Wall Street is betting big on a Trump victory.See omnystudio.com/listener for privacy information.
On October 28, 2024, Tom DiLorenzo appeared on The Shawn Thompson Show to explain why we should stop rewarding the government when it fails.The original episode is available at The Shaun Thompson Show.
President of the Mises Institute, Tom DiLorenzo, talks to Shaun about failure being the government's success and urges to stop rewarding the government when it fails.See omnystudio.com/listener for privacy information.
On October 23, 2024, Tom DiLorenzo appeared NOW with Stacy Washington, to explain how the Chinese Communist Party is imitating what the Federal Reserve did in the early 2000s.The original episode is available on SalemNewsChannel.com.Stacy Washington (SW): Welcome back to Salem News Channel. There's no room for argument when it comes to which candidate in this election will fix our economy. We know what both plans are, and John Paulson wrapped it up nicely on Fox Business.Fox Business: And I feel like it's so disingenuous of Kamala Harris to talk about plans to rein in inflation by, you know, getting corporations to admit that they've been price gouging. It's so disingenuous to not recognize the $7 trillion in spending on how we got there. Yeah, that's because they don't really have an economic plan. Their plan is spend, increase government spending, increase taxes, increase the deficit. That doesn't work.SW: Mm-hmm. So when business people talk about the economy in conjunction with the election, you get analysis like that, not, oh, he can't be my babysitter, so he can't be my president. We turn now to China's economy, trying to bolster it's standing by citizens investing in stocks. Joining me now to break this down is president of the Mises Institute, Thomas DiLorenzo. Thomas, welcome back to the program.Tom DiLorenzo (TD): Thanks for having me again, Stacy.SW: It's good to have you here. So talk to us about this. You have China's economy and they're allowing investments? What's going on here?TD: Well, I think what's going on is the Chinese Communist Party decided they basically want to imitate what our Federal Reserve did in the early 2000s. They're dropping interest rates and they do have allow private investment over there. And so they're claiming that the reduction in interest rates that is being caused by a flooding more money into the Chinese economy is going to stimulate their economy. That's the exact same argument that our Federal Reserve made in the early 2000s. They said they wanted to create a housing bubble. One of their advisors, Paul Krugman, the New York Times columnist, said after the stock market crash of 2000, he said in the New York Times, we need to create a housing market bubble. Well, they did. And the Chinese economists, or Chinese government, I just read today, said the same thing. They said they want to create, they didn't call it a bubble, they want to create "investment in housing". But that's what will happen. They're flooding their economy with money and lowering interest rates, creating some sort of housing bubble. So investors are looking at this and they're saying, well, if the Chinese economy picks up and maybe doubles the GDP growth, well, people are going to be wealthy enough to be gambling, again, in Macau, where all these American casinos are located. That's where the investment is going now. The speculative investment is going into these mostly American-owned casinos in Macau, part of China, and the price of the stocks of these casinos has been going up very, very strongly in the last day or two because of that. But bubbles always burst. And so they'll probably create some temporary prosperity, but the bubble will burst and no one can predict when the bubble will burst, but it will. And then that's what happens when the central banks create too much money.SW: So what happens in conjunction with our economy? Because like it or not, the American economy is impacted by what happens in China because they're a major trading partner for us. When their bubble bursts, what will we see happening here?TD: Well, when China or any country becomes more prosperous, they have a better ability to buy American goods, American exports. And so it wouldn't be good in general for them to become poorer when the bubble bursts. But in the meantime, the American casino companies will do very well and everything related to the casino companies in Las Vegas, because they have these very big businesses in Macau now, very big casinos, some much bigger than the ones in Las Vegas. And so that part of the US economy will be prospering temporarily, but it'll create a bust in China, just like it creates a bust in America or England or France or Mexico or anywhere else, whenever the central bank, ours is called the Federal Reserve, steps on the gas and prints too much money. That's what happened in 2008. We had the bubble in real estate that burst. It was right after a bubble that was created in a stock market, yet again, in 2000, that bubble burst and we had a recession thereafter. It wasn't nearly as bad as the '08 recession, but it was a recession, very deep recession. And that's what's going to happen in the economy in China, I believe.SW: So the thing that we're concerned with is obviously, I mean, it's a little bit of a flex that they're copying something that our Federal Reserve did years and years ago, but the end result will not be exactly what they're hoping for. So have they really looked at this? What do we know about their thought process for implementing this, knowing that the possibility, the end of it could be bad?TD: Well, it's interesting. Our politicians are always short-sighted because they're always looking to make themselves look good before the next election. But you've got a dictatorship in China, but they still want to be popular. They don't want to be overthrown, even if you're a dictator, especially in a country with over a billion people. And so what our politicians and politicians all over the world do is they know this. They can study the history as well as you or I can. And they know that they can pump up the economy, especially before an election, like in our economy, and which is what they're doing now, which is sort of a feeble attempt to cut interest rates a couple of weeks ago by the Federal Reserve to help the Kamala Harris campaign. But that seems to have backfired because mortgage rates are going back up this week. And so they know that, but the game is to make themselves look good temporarily. And then when the crash happens, they blame somebody else. It was like the Biden administration created all this inflation with the help of the Federal Reserve, printing money to finance all of their endless spending programs. And now they're blaming corporations for price gouging, which is very silly. It's sort of the propaganda tool that Democrats always use. You know, if these corporations have the ability to just willy-nilly raise prices like they do now, why don't they do it all the time? All of a sudden, Kamala Harris is running for president. All of a sudden, they decide, let's make more money with price gouging. And it makes no sense at all. So it's just a rhetorical mumbo jumbo. They're hoping that American voters are so ignorant that they will fall for this, the price gouging thing. And Chinese communist politicians are politicians. They don't want to make the public too angry with them. There's always a threat of a revolution or a revolt, even in communist countries like China, which has moved away from pure communism, of course, but their government still is a communist party of China. I think they're doing the same thing, basically, that our politicians do, trying to make themselves look good temporarily. And, from their perspective, they probably think, well, maybe that'll invite more foreign investment in China, if they can brag that their economy is growing. more robustly, there might be more foreign investment in China.SW: Well, I think what they're missing is that there is no shortcut to economic prosperity. Good policy year over year brings good prospects. It's actually a complex mix. You can't just have good policy. You also have to have a business environment, a regulatory environment, and you have to have people who are producing products, goods, and services. And then you have to have people who are earning money to be able to purchase it. So, you know, the communist paradigm goes against the free market system. And it's kind of hard for them to, you know, kind of pick and choose little bits of it that they wanna stick into their communist reality. I think it's interesting that they're at least acknowledging. This is an acknowledgement that their system doesn't really work and ours does. As flawed as ours is, it's far better than what they're working with. And I think that's the big takeaway here among the other details that you shared. Thomas DiLorenzo, president of the Mises Institute. Thank you, sir, for joining me today. TD: Thank you for having me.
Today, The Two Mikes had the pleasure of talking with Tom DiLorenzo, who is now President of the Mises Institute for Austrian Economics (https://mises.org/) in Auburn, Alabama. The The institute is named after Ludwig van Mises, who was one of the most notable economists and social philosophers of the 20th Century. Before becoming the president of the Institute, Dr. DiLorenzo was a longtime university professor in the field of economics. He has written several books on economics and three outstanding, persuasive, and marvelously controversial, Revisionist Histories of Abraham Lincoln: The Real Lincoln: A New Look at Abraham Lincoln, His Agenda, and an Unnecessary War; Lincoln Unmasked: What You're Not Supposed to Know About Dishonest Abe; and The Problem with Lincoln.As the dollar crumbles and inflation skyrockets, Genesis Gold Group gives you the chance to protect your wealth with physical gold and silver. Don't let Biden's economy rob you blind—own precious metals that hold real value when fiat currency collapses. Use code TWOMIKES to get your FREE Gold & Silver Guide. https://pickaxgold.com
Bumbling Biden tries to talk about the economy he destroyed. PLUS, Are we set for another depression? Tom DiLorenzo, President of the Mises Institute, tells Shaun that we are at least in for a severe recession. And Shaun talks to AJ Rice, President and CEO of Publius PR, about his new book The White Privilege Album: Bringing Racial Harmony to Very Fine People..On Both Sides debunking all of the lies the Democrats have been telling about Trump being a racist and making fun of the Cultrual Marxists along-the-way. Grab a copy of his new book here ---> The White Privilege AlbumSee omnystudio.com/listener for privacy information.
Are we set for another depression? Tom DiLorenzo, President of the Mises Institute, tells Shaun that we are at least in for a severe recession.See omnystudio.com/listener for privacy information.
https://youtu.be/KhAwxlvKFdU For those who are killed in battle or executed for desertion, conscription is worse than slavery because it robs them of their very lives. - Tom DiLorenzo, Why Military Conscription is Worse Than Slavery Watch on Odysee Watch on BitChute
Jason Purcell is an analyst at a major financial institution with a specialty in bond analysis. He joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates.Bob's Article on the Inverted Yield Curve: Mises.org/HAP457aGoerge Selgin's Cato Article on the Fed: Mises.org/HAP457bThe Charts Referenced in this Episode: Mises.org/HAP457cJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree