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

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06/09/2005Joseph T. Salerno

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.


Contact Joseph T. Salerno

Joseph Salerno is academic vice president of the Mises Institute, professor emeritus of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics.

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