Tom DiLorenzo reviews Patrick Newman's Cronyism: Liberty Versus Power in Early America, 1607–1849. The book posits that early American history is best understood as a struggle between mercantilist elites seeking to plunder the people and libertarians advocating economic freedom.
Thomas J. DiLorenzo
Thomas DiLorenzo is president of the Mises Institute. He is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton’s Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.