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F.A. Hayek (1899-1992), the co-leader of the Austrian free market school, embraced the transparently fraudulent assertion made by Donald McCormick, aka Richard Deacon, in The British Connection which accused A.C. Pigou, the co-leader of the Cambridge market failure school, of being a Soviet spy.

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PART I: FRAUD 1. Introduction; Robert Leeson 2. History´s Greatest Fraud?;Robert Leeson 3. The ´Deacon´ McCormick Papers; Ian Sayer 4. Insights from ´Deacon´ McCormick´s Research Assistant; Nigel West PART II: VICTIMS 5.The Triumph of Rhetoric: Pigou as Keynesian Whipping Boy and its Unintended Consequences; Robert Leeson and Daniel Schiffman 6. Wilfrid Noyce; Stewart Hawkins PART III: EVIDENCE 7. Hayek and ´Deacon´ McCormick: Testing Austrian Knowledge; Robert Leeson 8. Professional Assessments; Robert Leeson 9. ´Deacon´ McCormick and the Madoc Myth; Howard Kimberley 10. An ´Intelligence´ Perspective; Daniel Baldino 11. 2 + 2 = 5; Richard Spence 12. Authoritative Sources: The Information Research Department, Journalism and Publishing; John Jenks 13. The Hitler Diary Fraud; Gerhard Weinberg 14. Sources, and the Use of Knowledge in Society; Robert Leeson

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Daniel Baldino, Notre Dame Australia University Stewart Hawkins John Jenks, Dominican University, USA Howard Kimberley, independent historian Robert Leeson, Visiting Professor of Economics, Stanford University, and Adjunct Professor Notre Dame Australia University Ian Sayer Daniel Schiffman, Ariel University Richard Spence, University of Idaho, USA Nigel West Gerhard Weinberg, University of North Carolina at Chapel Hill, USA

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