Wall St For Main St

Jason Burack of Wall St for Main St interviewed first time guest, author, Austrian School Economist https://mises.org/profile/thomas... and professor of economics at Loyola University Maryland, Thomas DiLorenzo about his new book, The Problem with Socialism. Thomas' bio: https://en.wikipedia.org/wiki/Thomas_DiLorenzo Thomas' newest book, The Problem With Socialism is available here: https://www.amazon.com/Problem-Socialism... Article previewing Thomas' newest book, The Problem with Socialism: https://www.lewrockwell.com/2016/07... During this 30+ minute interview, Jason starts off by asking Tom his definition of socialism. Tom talks about how FA Hayek and Mises adapted their definitions of socialism from the textbook definition of owning the means of production to redistribution of wealth and a progressively higher income tax. Jason, then asks Tom, in his opinion, how pervasive is socialism in the US? Thomas says it's widespread. Jason asks Thomas if central banking is socialist? Thomas says is it wa