Thomas DiLorenzo Archive

American Healthcare Fascialism

October 23, 2009 6:17 AM by Thomas DiLorenzo

Some time ago I invented the phrase "fascialism" to describe the American system of political economy. Fascialism means an economy is part fascist, part socialist. The problems of the American healthcare system are caused entirely by the fact that the government subjects the system to massive interventions, some of which are fascist in nature, while others are socialist. FULL ARTICLE

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Socialized Healthcare vs. The Laws of Economics

July 28, 2009 7:29 AM by Thomas DiLorenzo

The government's initial step in attempting to create a government-run healthcare monopoly has been to propose a law that would eventually drive the private health insurance industry out of existence. FULL ARTICLE

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The Shameless, Blame-Shifting, Minneapolis Fed

July 21, 2009 5:25 AM by Thomas DiLorenzo

I recently received in the mail the 2008 Annual Report of the Federal Reserve Bank of Minneapolis. The title of the report is "The Current Economic Crisis: What Should We Learn from the Great Depressions of the 20th Century?" After reading the report, it is clear to me that either the Fed has learned almost nothing about 20th-century depressions or it is lying through its teeth in order to shift the blame for causing the current depression (or both). FULL ARTICLE