‘The Few Economists That Warned That the Credit Explosion . . . Would Hasten . . . Financial Disaster . . .
August 6, 2010
. . . were mainly from the so-called Austrian School,” writes Ron Smith of WBAL Radio in Baltimore in a column on the explosion of Big Government. “We are being led [politically] by fools,” he says. Who would deny that? And, what else is new?
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
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