Austrian School of Economics: Revisionist History and Contemporary Theory

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6. Keynes and the 'New Economics' of Fascism

  • Austrian School of Economics Salerno
June 9, 2005Joseph T. Salerno

Tags BiographiesAustrian Economics OverviewOther Schools of ThoughtPolitical Theory

Monetary inflation is the key way to bring about economic fascism. Fascism was a spending, borrowing government, militarism, imperialism, and a planned economy. Keynes’ followers came to power in the 60s with the Kennedy administration. Nixon went on to impose wage and price controls.

Lecture 6 of 10 from  Joseph Salerno's Revisionist History and Contemporary Theory.

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