Austrian School of Economics: Revisionist History and Contemporary Theory

6. Keynes and the 'New Economics' of Fascism

Austrian School of Economics Salerno
Joseph 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.