Austrian School of Economics: Revisionist History and Contemporary Theory

6. Keynes and the 'New Economics' of Fascism

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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.
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Austrian School of Economics: Revisionist History and Contemporary TheoryBy Joseph T. Salerno
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