Tom DiLorenzo on US Authoritarianism and Manipulated History

Tom DiLorenzo on US Authoritarianism and Manipulated History

Daily Bell: You’re prolific and widely read. So please excuse the repetition of our questions. Tell us a little bit about your background and how you became interested in economics.

Thomas DiLorenzo: I was an economics major at Westminster College in New Wilmington, Pennsylvania, where in my first semester the professor used as a “supplementary text” a little book of essays on current economic events by Milton Friedman. They were a collection of Friedman’s Newsweek magazine columns, which he wrote in the 1970s. I loved how he used economics to explain just about everything about the economic world and economic policy. I also admired his very persuasive writing and speaking styles, and spent years in school trying to emulate it (and that of others who had similar talents). I also discovered The Freeman magazine, published by the Foundation for Economic Education, while a freshman in college, and reading through the back issues introduced me to the whole classical liberal tradition of scholarship, especially the free-market economists like Ludwig von Mises, F.A. Hayek, Israel Kirzner, Friedman, and others. I earned a Ph.D. in economics at Virginia Polytechnic Institute and State University, where one of my professors was James M. Buchanan, who won the Nobel Prize in economics for being one of the founders of the “Public Choice” School, which uses economic theory and methodology to analyze politics and political institutions. One of the textbooks I used in my first semester at VPI was Human Action by Ludwig von Mises. That course was my real introduction to Austrian economics, which I then pursued mostly on my own.

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