Author Image for Thomas DiLorenzo

Thomas DiLorenzo

Thomas DiLorenzo is a professor of economics at Loyola College in Maryland, a senior faculty member of the Ludwig von Mises Institute, and an affiliated scholar of the research arm of the League of the South and the Abbeville Institute. He holds a PhD in economics from Virginia Tech. DiLorenzo has authored at least ten books, including How Capitalism Saved America, and his latest Hamilton's Curse: How Jefferson's Archenemy Betrayed the American Revolution -- And What It Means for Americans Today.

View

How So-Called Sweatshops Help the Poor

May 2nd, 2011 | By | Category: Economics, Featured
One of the oldest myths about capitalism is the notion that factories that offer the poor higher wages to lure them off the streets (and away from lives of begging, stealing, prostitution, or worse) or away from back-breaking farm labor somehow impoverishes and exploits them. They are said to work ...read more

Tags: , , ,
Posted in Economics, Featured | 13 comments


The Political Economy of Government Employee Unions

Feb 28th, 2011 | By | Category: Economics, Featured, Politics
The main reason so many state and local governments are bankrupt, or on the verge of bankruptcy, is the combination of government-run monopolies and government-employee unions. Government-employee unions have vastly more power than do private-sector unions because the entities they work for are typically monopolies. When the employees of a grocery ...read more

Tags: , , , ,
Posted in Economics, Featured, Politics | 14 comments


Socialized Healthcare vs. The Laws of Economics

Aug 20th, 2009 | By | Category: Featured, Macro Economics
The government's initial step in attempting to create a government-run healthcare monopoly has been to propose a law that would eventually drive the private health insurance industry out of existence. Additional taxes and mandated costs are to be imposed on health insurance companies, while a government-run "health insurance" bureaucracy will ...read more

Tags: , ,
Posted in Featured, Macro Economics | 17 comments