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‘German Villains and Austrian Victims’

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Abstract

In 1939, ‘von’ Hayek sought to persuade the BBC to employ him for propaganda broadcasts instead of the then-employed ‘Viennese Jew’ with a ‘very unpleasant’ Jewish accent. He also proposed the establishment of a Propaganda Commission—it was ‘important, in view of the prejudices existing not only in Germany, not to have a person of Jewish race or descent on the commission.’ After Hitler’s defeat, Hayek became a leading Cold War propagandist. After his 1974 Nobel Prize, Hayek made a series of nuanced and misleading ‘confessions’ about the deflation that he and Mises had promoted and which had facilitated Hitler’s rise to power. The truth-content of these ‘confessions’ appears to resemble the truth-content of the Mises-inspired mythology that Germans were the ‘villains’ and Austrians the ‘victims’ and that Nazism had not originated in Austria (where the evidence suggests it had been promoted by Hayek’s family).

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Leeson, R. (2018). ‘German Villains and Austrian Victims’. In: Hayek: A Collaborative Biography. Archival Insights into the Evolution of Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-77428-2_9

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