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Thomas DiLorenzo

Thomas DiLorenzo Biography

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“The founders understood that democracy would inevitably evolve into a system of legalized plunder unless the plundered were given numerous escape routes and constitutional protections such as the separation of powers, the Bill of Rights, election of senators by state legislators, the electoral college, no income taxation, most governmental functions performed at the state and local levels, and myriad other constitutional limitations on the powers of the central government.”

StatesGovernmentGivenLevelsDemocracyRightsCollegeUnderstoodFunctionElectionBillsProtectionSeparationIncomeLocalsLimitationEvolveFoundersSenatorsRoutesTaxationIncome TaxLegislatorsBill Of RightsPlunderSeparation Of PowersElectoral CollegeCentral Government
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“Capitalism improves the quality of life for the working class not just because it leads to improved wages but also because it produces new, better, and cheaper goods.... Indeed, with capitalism, the emphasis shifted to producing goods as cheaply as possible for the masses--the working class--whereas artisans had previously produced their goods and wares mostly for the aristocracy. Under capitalism every business wants to cater to the masses, for that is where the money is.”

WantQualityClassProduceMassCapitalismGoodsWorking ClassWagesEmphasisQuality Of LifeCheaperAristocracyArtisans
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“Friedrich Hayek made the point that one of the keystones of socialism is the denial of individual responsibility. Thus, the crusade for socialism always included attacks on individual responsibility. For if individuals do not have free will, and are not responsible for their actions, then their lives must be controlled somehow - preferably by the state - according to the socialists. They must be regulated, regimented and controlled - for their own good.”

IfsMadeStatesActionIndividualResponsibilityResponsibleSocialismDenialFree WillControlledCrusadesKeystonesIndividual ResponsibilityHayekFriedrich Hayek
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“America's universities are filled with economically ignorant haters of the free market, so university campuses have become major forums for union denunciations of such companies as Nike, Wal-mart, and others. Faculty and students claim to be concerned about 'social justice,' but they are simply being used as dupes by unions who are not at all concerned with justice of any sort. Rather, their main concern is increasing the coffers of union treasuries by driving non-union competitors from the market.”

AmericaUsedSocialJusticeCompanyStudentsMajorsConcernConcernedClaimsSocial JusticeFilledUnionsUniversityDrivingIgnorantFacultyCompetitorsFree MarketCampusTreasuryForumsNikeDupes
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“Ever since its founding in 1913, the Fed has described itself as an "independent" agency operated by selfless public servants striving to "fine-tune" the economy through monetary policy. In reality, however, a non-political governmental institution is as likely as a barking cat.”

RealityPoliticalLibertyEconomyPolicyFineEconomicsCatIndependentInstitutionsStriveLibertarianServantAgencyTunesFedsSelflessLibertarianismFoundingMonetaryPublic ServantsMonetary PolicyNon Political
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