Thomas J. DiLorenzo

“in reality, after the fall of communism in the late 1980s the world learned of some of the worst environmental disasters imaginable—rivers…

— Thomas J. DiLorenzo

“When it comes down to it, what are being traded in a capitalist economy are property rights—the ownership rights in goods and…

— Thomas J. DiLorenzo

“One way of minimizing costs is to figure out how to manufacture a product with the least possible resources. In the telecommunications…

— Thomas J. DiLorenzo

“Private property and capitalism also provide strong incentives to preserve resources for the future, whereas political resource allocation under democracy tends toward…

— Thomas J. DiLorenzo

“We who live in capitalist countries tend to take all of this—property rights, free-market pricing, entrepreneurship—for granted, but every socialist country that…

— Thomas J. DiLorenzo

“Except for spending to protect property rights, enforce the law, and protect citizens from foreign aggressors, all government spending crowds out private…

— Thomas J. DiLorenzo

“Modern governments actually spend relatively little on programs and systems that benefit all citizens, such as national defense or the judicial system;…

— Thomas J. DiLorenzo