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Hayek: A Collaborative Biography pp 235–273Cite as

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14–16: Austrians and the Holocaust (2)

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Abstract

Hayek complained that Cannan and his fellow British-Austrians had failed to develop ‘economic liberalism to its ultimate consequences with the same ruthless consistency as Mises.’ According to Caldwell this was a reference to Liberalism in the Classical Tradition in which Mises stated that ‘The program of [classical] liberalism, therefore, if condensed into a single word, would have to read: property … The victory of Fascism in a number of countries is only an episode in the long series of struggles over the problem of property.’ Hayek and Mises promoted the deflation that facilitated Hitler’s rise to power; and other Austrians, such as Sennholz and Boettke, continued to demand deflation.

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Leeson, R. (2017). 14–16: Austrians and the Holocaust (2). In: Hayek: A Collaborative Biography. Archival Insights into the Evolution of Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-52054-4_8

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