In a world of Democrats, there will be time for them to make profits.

Now's not that time.

And Republicans.

I've abandoned free market principles to save the free market system.

You need a voice of liberty.

Look no further.

You've found it.

Tom Woods.

Beware, citizen.

You are now departing from the world of allowable opinion.

The Tom Woods Show.

Welcome, everybody.

It's Tuesday, October 28, 2014.

And we're talking antitrust and monopoly today with Tom D. Lorenzo, professor of economics at the former Loyola College, now Loyola University, in Baltimore. Tom is also the author of about a dozen books, including The Real Lincoln, Hamilton's Curse, and How Capitalism Saved America.

It's my pleasure to welcome Tom back to the show, Tom DeLorenzo.

Thanks for being here.

Glad to be back with you, Tom.

I wanted to talk about antitrust because I went back and looked over the 270-something episodes I've done and realized I hadn't covered this.

So who better to talk to than Tom DiLorenzo?

Now, by the way, Dom Armentano, who is really our full-time antitrust scholar, has grown just so discouraged by the seeming inability to crack through the prejudices surrounding antitrust, that he devotes his

whole career to it, he overturns every single myth associated with it, and then he sees

the old orthodoxies creeping

...