The Economics of the Public Sector

Tags: Fiscal Theory, Taxes and Spending

12/14/2018 Thomas J. DiLorenzo

In the real world, it is impossible to separate economic analysis from an understanding of the effects of state intervention in the marketplace. Government spending, borrowing, regulating, and bureaucratizing all distort and change the economics of our daily lives.

In this 60-minute talk, Thomas DiLorenzo discusses the effects of government intervention, and the role of democratic politics in leading to more intervention.

How Austrian economics is used to analyze the effects of government spending, borrowing, and bureaucratizing. Recorded at Mises University 2010.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.