Two Mikes - More Money More Problems with Tom DiLorenzo

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. Dr. DiLorenzo is a determined opponent of the over-sized and power-grabbing nature of the federal government, and especially of its non-stop and detrimental interference of the U.S. government in the American society. In essence, Dr. DiLorenzo explained the U.S. government, in 1913, turned over sole control of the U.S. economy and currency to the “independent” Federal Reserve System (The FED), and since then it – and neither the elected members of the Congress or the U.S. Treasury – has exercised that control, much to the republic’s detriment.