This is according Alternet.org, which offers what has to be the most upside-down history of the 20th century ever written. It includes gems like:
In Germany’s 1932 elections, the Nazis and the Communists came out on top — and by early 1933, with Hitler in charge, Germany’s fledgling democracy was shut down for good. That should have sealed the coffin on “austerity” and “Austrian Economics,” but somehow von Hayek and his fellow Austrian aristocrats who were forced to flee from the fruits of their economic programs, did a complete revision of history. Once they were safely in England and America, sponsored and funded by oligarch grants, hacks like von Mises and von Hayek started pushing a revisionist history of the collapse of Weimar Germany, blaming not their austerity measures, but rather big-spending liberals who were allegedly in charge of Germany’s last government.
and
In Russia, austerity measures dictated by the same Hayek groupies in the IMF led to a complete financial market meltdown, an over 50 percent collapse in the GDP, the untimely deaths of millions, and of course the requisite President Yeltsin ruling by decree, bombing his own parliament, then finally snuffing democracy by handing the Kremlin over to his crony, Vladimir Putin.
