A fascinating interview with Tom DiLorenzo, in which we discuss his new book, Organized Crime, which discusses how government insinuates itself into free market society…
Episode 112: Today’s theme is gangsters and government as Tom James DiLorenzo, an American economics professor at Loyola University Maryland, discusses his new book Organized Crime, with Andy Duncan.
DiLorenzo, who identifies himself as an adherent of the Austrian School of economics has published many books including 2 on Abraham Lincoln.
With 32 years of research and essays as an economic professor, DiLorenzo decided to go through his work, bring what was needed, up to date and then gather the papers together in one book that deals with such topics as decentralisation of power, workers and unions and money and the state.
DiLorenzo expounds his view on the corrupting nature of nationalised banking systems. Beginning with a fascinating look back to President Hamilton and the war bonds of the American Revolutionary War onwards to the creation of central banks to assist government motivations.
Moving to the present, Duncan asks DiLorenzo about the todays Government Sponsored Enterprises (GSE´s) and their contribution to today’s malaise.
DiLorenzo then discusses what he would do to eliminate some of the problems facing modern economies and what he thinks the current US administration will actually do going forward and the possible consequences.
Andy James Duncan 