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.

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