“We’re Taking in $2 Billion a Day!”
April 11, 2025
Said Donald Trump, happy as a child with his new favorite Christmas toy, celebrating the bloating of the federal bureaucracy with even more money taken from the pockets of American consumers through tariff taxation. No wonder Elon Musk thinks Peter Navarro, Trump’s mercantilist tariff advisor, is “an idiot.”
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.
Elon Musk Tweets Milton Friedman Explaining Leonard Read's Famous Essay,