A 43% Increase in Government Spending in a Single Year is Budget-Cutting “Austerity” . . .
May 6, 2015
. . . according to the left-wing economist Joseph Stiglitz. His lying about American economic history is exposed here by Alan Reynolds.
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.

