The merit that Fascism has thereby won for itself will live on eternally in history.’. their intervention has, for the moment, saved European civilization. wrote of fascism in 1927, ‘fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions.
Economist and darling of the far right Ludwig von Mises, born to Jewish parents in Austria-Hungary. DeLong asks, “Have I committed an error by lumping fascists in with Nazis? A great many people did (and some do) applaud fascists, after all. The book contains a number of insights that merit highlighting, albeit accompanied by some bad arguments as well, and I will stress the former in what follows.īefore getting to the insights, though, I’d like to address a couple of gross distortions. But I’m going to disappoint expectations. You might reasonably expect that for this reason, I will lambaste his book, which, to no one’s surprise, defends Keynesian economics and the welfare state. Bradford DeLong, who teaches economics at UC Berkeley and was a protégé of Larry Summer's dislikes Austrian economics, which he sometimes assails on his blog.
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