An Austrian in Argentina


by Federico N. Fernández*

   Thanks to the generous invitation of Juan Carlos Cachanosky and Kurt Leube I had the pleasure to co-edit a book in honor of Alberto Benegas Lynch, Jr. The Festschrift is titled “An Austrian in Argentina. Essays in Honor of Alberto Benegas Lynch, Jr” and is comprised of articles written by some of the greatest contemporary thinkers of the Austrian tradition in Latin America.
Benegas Lynch is a key figure of classical liberalism and Austrian economics for the Spanish speaking world. He has authored more than twenty books and countless articles. Scholars like James Buchanan, Jean-Francois Revel, and the Nobel laureate Friedrich von Hayek have written forewords for some of his books. He has always been a staunch and uncompromising defender of the ideas of freedom and open society. Benegas Lynch has reflected on many areas and has made multiple original contributions. Lately, he has been writing on matters related to determinism and free will and about education … Continue Reading -> Market Diaries


*Federico N. Fernández: Austrian Economics Center Senior Fellow, Classical Liberal, Critical Rationalist.

Anthony de Jasay Prize Winner

Anthony de Jasay
Anthony de Jasay, 90

Anthony de Jasay Prize Winner | Not only in celebration of Anthony de Jasay’s 90th birthday, but foremost in appreciation of his seminal and exceptional works on defending individual liberty by challenging the legitimacy of states and unchecked ‘democratic’ governments, the ECAEF has established the “ECAEF Prize for Thinkers for the 3rd Millennium”.  With this prize we intend to raise the awareness for Anthony de Jasay’s oeuvre and to engage the audience to further discuss these vital questions of our times. As incontestably the world’s leading exponent of classical liberalism, the ECAEF is very  proud to award him the first “ECAEF Prize for Thinkers for the 3rd Millennium”.

Anthony de Jasay (born Jászay Antal, 1925) is a Hungarian-born philosopher and economist known for his anti-statist writings.

Vernon Smith Prize submission of essays ends on Dec 1, 2015

Vernon Smith Prize 2014
Austrian Econonmics Applied: 8th International Vernon Smith Prize 2015.


8th International Vernon Smith Prize 

for the Advancement of Austrian Economics, sponsored and organized by ECAEF – European Center of Austrian Economics Foundation, Vaduz (Principality of Liechtenstein).  Topic of the 2015 Essay Competition:

Edward J. Snowden:  Hero or Villain?

|- First Prize EUR 4,000 -|
|- Second Prize EUR 3,000 -|
|- Third Prize EUR 2,000 -|

  If a hacker intercepted communications and attacked private computers, it would be a crime. Yet when it’s done by a government, it represents a necessary component of national security and the protection of an unspecified ‘public interest’. Whether we are walking through a store, driving a car, checking e-mail, or simply talking to friends on a cell phone, we can be assured that some secretly erected government agency is listening in, tracking our behavior and storing huge amounts of metadata as a comprehensive record of what we do and who we are.  The abuse of power has become endemic to modern ‘democratic’ governance and legality becomes distinct from morality.
Can we assume that Snowden’s revelations only scrape the surface in revealing the lengths to which government agencies and their corporate allies will go? Is Edward Snowden just a mild mannered whistleblower carrying out a one man crusade against devilish state practices? Is he a Hero or a Villain? ECAEF invites papers on this topic which meet the following requirements:

1: Entries may be submitted by individuals of up to 30 years (in 2015).

2: Entries may not exceed 12 pgs.; 1.5 space; left/right margins no less then 1 inch; including a full bibliography and a 1/2 page summary

3: Entries must be submitted in English in electronic form (pdf) to and must include a current CV, including DoB.

4: Entries must be received on or before December 1, 2015.

5. It is mandatory that all prize winners participate in the award ceremony in Vaduz. Prizes are not transferable and will be awarded on the basis of originality, grasp of subject, and the logical consistence of the argument. Essays will be judged by an international jury and the winners will be invited to present their papers at a special event in Vaduz, the Principality of Liechtenstein on February 15, 2016.

Lieber gleich statt frei?

Lieber gleich statt frei? | Der nachfolgende zum Download bereitgestellte Beitrag erschein am 24. Oktober in der Schweizer Zeitung “Finanz und Wirtschaft” (Seite 3). Prinz Michael von Liechtenstein: “Lieber gleich statt frei?”

Weiterlesen -> Finanz und Wirtschaft

Lieber gleich statt frei

Central Banks, Fiscal Policy and the Betrayed Citizen

haberler conference 2016

Topic and date of the XII. Gottfried von Haberler Conference have been announced:  Topic: “Central Banks, Fiscal Policy and the Betrayed Citizen” – German translation: “Zentralbanken, Schuldenpolitik und der geprellte Bürger”. The XII. Gottfried von Haberler Conference will take place on May 20, 2016 in Vaduz (Liechtenstein).  Once the Conference Schedule is set, we will be publishing it right here at