Thomas Dilorenzo - Abraham Lincoln and the Triumph of Mer..

Thomas Dilorenzo - Abraham Lincoln and the Triumph of Mercantilism in America

The second of ten lectures from the 2006 Steven Berger Seminar: Thomas DiLorenzo on Liberty and American Civilization, recorded at the Mises Institute, 06-05-2006. [53:34]

http://www.mises.org

LUDWIG VON MISES INSTITUTE - CREATIVE COMMONS ATTRIBUTION 3.0

Category:

News & Politics

Tags:

• thomas
• dilorenzo
• abraham
• lincoln
• mercantalism
• mises
• institute
• market
• anarchy
• anarcho
• capitalism
• liberty
• freedom

[Amiduffer]

He's wrong on the use of a national bank vs a european style central banking. Why is this guy defending the British empires economic warfare?

[Nielsio]

What is he defending? The US adopted exactly such a European style central bank cartel.

[vinnykster]

Anyone that believes the myths we were taught in schools might as well believe in Santa Claus too lol!! Fuckin sheep need to wake up in this country! I'm with Thomas and will never be fooled again by this govt. I refuse to accept their bs. Period. And I don't have to leave.. I and others who aren't sheep can have this country be exactly the way we want it LIMITED not CENTRALIZED. States rights.. We're in charge not the fucking GOVT to be like our founders meant.

[shlomoney]

I just read How Capitalism saves America Bye Mr DiLorenzo . it was such a great and informative book I was hoping to find something about him on youtube and wow there are some amazing speaches here . Thanks for posting them and letting all of us share in his wisdom.

[PoetsLight]

@PrincessShittyBottom Your muddled economic thinking and vague explanations didn't disprove a single word of DiLorenzo's. I love it when people attack an idea as being flimsy and ignorant, and then employ a flimsy argument for that purpose. How ironic.

[pretorious700]

And a total and miserable failure.

[WiiandDSrule]

@Amiduffer

Amiduffer, it's scallywag. I thought you were a fucking poet laureate. Learn to spell.

DiLorenzo is pretty damn profound-he understands what you singularly fail to grasp:that when coercion displaces capital it brings arbitrary tyranny into the allocation of capital thus allowing industry to proliferate that doesn't cooperate in the division of labour. This destroys productivity so capitalism defeats mercantilism. Taken to extremes mercantilism becomes socialism, command economy.

[WiiandDSrule]

@PrincessShittyBottom

You're an insane statist. Hate government, not bankers; blaming bankers for committing suicide and racking up malinvestment ignores the root of the problem; economic nationalism and statism.

Private central banks ARE public, they are institutions funded by tyranny. Without government's illicit motives of gaining power throughforce and not wealth through co-operation, then profit-seeking tends to harmonise because of consumer choice and heterogeneity in the divisionoflabr

[WiiandDSrule]

@PrincessShittyBottom

National banks are Central banks; they're connected to government, were invented for government purchasing power and Fiat power over money, and they sustain unsustainable credit expansion, boom and bust and unsound money.

[gilbretto1]

You must be a La Rouche boy, ay?

[PrincessShittyBottom]

Hamilton was a National Banker not a private Central Banker. An example of a Central Bank would be that of the corrupt treasonous private Federal Reserve or the filthy Central Bank of England. Andrew Jackson, however, destroyed the second incarnation of the only National Bank the United States ever had, the Bank of the United States. He did this, of course, on behalf of Martin Van Buren and his New York bank, who then succeeded him as president.

[PrincessShittyBottom]

The American System of Economics is the best system of economics ever developed for National Economy on this planet.

[PrincessShittyBottom]

Lincoln a Mercantalist?

DiLorenzo is obviously a misinformed ignoramus. Lincoln employed Hamilton's Credit system. The Rothschilds are mercantalistic. Lincoln was a practicioner of the American System of Economics as devised by Alexander Hamilton and popularized by John C Calhoun, Henry Clay, Henry C Carrey. It advocates National Banking, infrastructural investment, high protective tariffs, as opposed to the cheap Trade and chattal slavery of the British East India Company.