I didn't want to let this pass as sensible commentary. It's hard to critique a book review, so my objective is not to lambast any individual. However the following statement needs clarification:
I don't see what's so objectionable to using the very real examples of Nazism and communism to warn that granting the state unprecendeted power can pose a serious threat to individual liberty. The characterisation of Mises and Hayek as champions of consumerism completely misses the point of where long term growth comes from. Indeed the reviewer goes on to assert that
In actual fact this is Mises and Hayek's argument - that artificial credit creation induces entrepreneurs to expand without realising that there are insufficient resources to go around. It's the jump in interest rate when they realise that there's a real constraint to investment (i.e. saved resources) that constitutes a credit crunch. It appears that neither the reviewer nor the author have given serious thought to the Austrian school economists, so we could dismiss this as mere slandour. But it's important to counteract faulty reasoning whenever we encounter it.