How Universities Silence Truth

How Universities Silence Truth

Thomas James DiLorenzo is an adherent of the Austrian School of economics.

Thomas James DiLorenzo (born August 8, 1954) is an American economics professor at Loyola University Maryland Sellinger School of Business.

He identifies himself as an adherent of the Austrian School of economics.

He is a research fellow at The Independent Institute, a senior fellow of the Ludwig von Mises Institute, Board of Advisors member at CFACT, a member of the Mont Pelerin Society, and an associate of the Abbeville Institute.

He holds a Ph.D. in Economics from Virginia Tech.

Thomas James DiLorenzo is not politically correct.

DiLorenzo writes about what he calls “the myth of Lincoln” in American history and politics.

He has said, “[President] Lincoln is on record time after time rejecting the idea of racial equality. But whenever anyone brings this up, the Lincoln partisans go to the extreme to smear the bearer of bad news.”

DiLorenzo has also spoken out in favor of the secession of the Confederate States of America, defending the right of these states to secede.

Thomas James DiLorenzo is a thoughtful and entertaining speaker.

Thomas James DiLorenzo is well worth reading.

At the end of World War II American central planners were even more totalitarian when it came to economic policy than were the former Nazis.

During the post-war occupation of Germany, American “planners” rather liked the Nazi economic controls, including price controls, that were in fact preventing economic recovery.

The notorious Nazi Hermann Goering even lectured the American war correspondent Henry Taylor about it!

As recounted by Schuettinger and Butler, Goering said:

Your America is doing many things in the economic field which we found out caused us so much trouble.

You are trying to control peoples’ wages and prices – peoples’ work.

If you do that you must control peoples’ lives.

And no country can do that part way.

I tried and it failed.

Nor can any country do it all the way either.

I tried that too and it failed.

You are no better planners than we.

I should think your economists would read what happened here.

Price controls were finally ended in Germany by Economic Minister Ludwig Erhard in 1948, on a Sunday, when the American occupation authorities would be out of their offices and unable to stop him.

This spawned the “German economic miracle.”

Four Thousand Years of Price Control – Thomas J. DiLorenzo
The Mises Institute – Mises Daily – 10bNovember2005

Organized Crime: The Unvarnished Truth About Government
Thomas James DiLorenzo – Ludwig von Mises Institute – 2015

Politics and thieves, coercion and regulation, fascism and the Fed, centralization and liberty, workers and unions, trade and freedom, free-market achievements and government disasters in American history – this book covers it all!

Organized Crime collection of essays in the tradition of Austrian political economy – a combination of applied economics and the study of governmental reality.

Unlike “mainstream” economists who are content to spin mathematical model after mathematical model which explain little or nothing about the real world, DiLorenzo’s focus has always been just the opposite – to use economic understanding to gain a better understanding of how the political-economic world works.

Austrian economics is indispensable to succeed at this task.

The book is divided into six sections:

“Coercion and Regulation” analyzes various aspects of government regulation of business;

“Politics and Thieves” is of course about the inherent nature of government;

“Centralization versus Liberty” discusses the never-ending quest by statists to monopolize and centralize political power so as to isolate themselves as much as possible from public influence;

“Money and the State” describes the myriad evils of central banking, which was always thought of by its original proponents in America as an engine of corruption;

“Workers and Unions” discusses various labor union myths and superstitions that too often cloud the public’s thinking about the reality of labor markets; and

“Truth and Lies about Markets” is a taxonomy of some of the main market-failure myths that have long been used to illegitimately advance the cause of economic interventionism, as well as some newer ones.

In Organized Crime: The Unvarnished Truth About Government, Thomas J. DiLorenzo strips away the vast apparatus of establishment propaganda and exposes the government smokescreen.

No statist lies are safe from his scrutiny.

In his straightforward and methodical approach to uncovering truths of freedom, liberty has a champion.

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