Category Archives: Seminars

Reviving the Austrian Tradition

reviving-austrian-school-of-economics
https://www.liechtenstein-academy.com/services/austrian-economics/

Everything you always wanted to know about the Austrian School of Economics

by Alvino-Mario Fantini

Speaking about Austrian Economics—or, rather, ‘the Austrian Tradition’—is often met with raised eyebrows.  It’s not just that the vast majority of people are unacquainted with this tradition. It’s more a consequence of having been purposefully ignored by the leading departments of economics around the world. Even Austrian universities fail to teach it anymore.

All that may be about to change. The Liechtenstein Academy, a non-profit educational institution set up last year, aims to provide students with a broad multi-disciplinary education in the basics elements of the Austrian School of Economics and, more generally, the Austrian Tradition.

The brain-child of HSH Prince Philipp of Liechtenstein, the Liechtenstein Academy will offer a program of eight ‘modules’, each focusing on a different aspect of this intellectual tradition. These modules will focus on economics, philosophy, law, politics, and sociology, all of which are essential to understand the Austrian Tradition.

“It is important for students to understand that the Austrian Tradition is not just about economics,” says Kurt R. Leube, a fellow at the Hoover Institution at Stanford University, during a recent interview. It is a whole “methodology of value”, he explains, which relies on input from across the humanities and social sciences.

Leube—who happens to have been Friedrich von Hayek’s last assistant—developed the innovative curriculum, in close consultation with other members of the faculty. He explains that participants will be encouraged to enroll in all eight modules—though they can just as easily enroll only in the ones that most interest them.  The number of participants per module will be capped at 25.

Participants who complete all eight modules will receive a Certificate accredited by the academic authorities of Liechtenstein. In addition, for those who are interested, there will be the option of receiving an academic degree for their work, through an arrangement with Unitelma Sapienza University in Rome.

Modules will begin with a Thursday evening dinner, followed by two days of intensive lectures, readings, and discussions, explains Hans Rudolf Maag, the Executive Director of the Academy. Participants will then have the option of leaving at their leisure Saturday evening or early Sunday morning. In addition, an online version of the program will be launched in the fall.

In addition to Leube, who will teach the introductory module on economics, other program faculty include Terry L. Anderson, senior fellow at the Hoover Institution and the former executive director of the Property and Environmental Research Center; Erich Weede, professor emeritus at the University of Bonn; Pedro Schwartz, professor of economics at Camilo José Cela University in Madrid and the current president of the Mont Pèlerin Society; Carlos Gebauer, a well-known German jurist, writer, polemicist, and television personality; Hardy Bouillon of the University of Trier and a guest professor at the Vienna University of Economics and Business; Michael Wohlgemuth, director of Open Europe Berlin; and HSH Prince Heinrich von und zu Liechtenstein, professor of financial management at IESE Business School in Barcelona.

The program will take place at Schloss Freudenfels, a beautiful 18th century structure overlooking Lake Constance in Switzerland. The venue – which was chosen because it offers the kind of environment in which students will be able to grapple with serious ideas rigorously, without distractions – offers state-of-the art facilities. Students will be provided with full board and accommodations.

Those wishing to enroll in the full program offering of eight modules can expect to pay CHF 9,500 ($9,400). Modules will be offered in German or English, depending on the instructor. There will be simultaneous interpretation in English.

The Liechtenstein Academy offered its first formal educational event last summer – a sort of ‘pilot’ seminar – on the theme of ‘Semantic Traps’, exploring the use and abuse of words and phrases to further collectivist and other politically left ideas.  The seminar was well-attended, with more than 40 participants of all ages from across Europe.

The Liechtenstein Academy will start with the first module in October.  More information about the program may be obtained at www.liechtenstein-academy.com/services/austrian-economics.

 

 

II. International Jacques Rueff Conference

II. International Jacques Rueff Conference, Monaco 2017
Jacques Rueff (1896 – 1973) was Monaco’s 7th Minister of State.

“We shall all be the gainers if we can create a world fit for small states to live in.” Friedrich A. von Hayek

Please mark your calendar! The II. International Jacques Rueff Conference will take place on November 22, 2017 at the Principality of Monaco. Topic:

The Case for Europe’s Small States
in the III. Millennium

 

The conference is an academic one-day academic co-operation of CEPROM (Center of Economic Research for Monaco, MC) and ECAEF (European Center of Austrian Economics Foundation, FL).

Academic Director: Kurt R. Leube, ECAEF (krleube@stanford.edu)
Administrative Director: Emanuel Falco, CEPROM (cecile@mlp.mc)
Media Contacts: Nicolas Saussier, CEPROM (nsaussier@palais.mc)
Conference Date: November 22, 2016
Participation: by invitation only
Location: Musee Oceanographique de Monaco, Principality of Monaco
Conference Languages: English and French; simultaneous translation

Semantic Traps: Distorting Debates Through Definitions

Daniel Issing – blog author at studentsforliberty.org – reflects on the seminar ‘Semantic Traps: Politics with Loaded Terms’. It was held on June 9-11, 2016 in Vaduz (FL).

Every libertarian is well aware of the odd name defenders of individual freedom use to label their position nowadays. In fact, the word “libertarianism” is a fairly new creation, emerging in the second half of the last century. It was coined to distinguish this position from those who call themselves “liberal”, a word that once represented a commitment to laissez faire and free markets. Today, however, it means the very opposite and is more akin to the socialist position. The redefinition of terms for political purposes was a very successful marketing coup by social democrats, particularly in the United States.

Is it possible to win arguments in the political arena by simply using words that are either so vague that we cannot assign a precise meaning to them or are systematically misleading? To what extent can the parties to the debate gain an advantage by confusing their opponents through their use of words? Is the progressive corruption of our language a threat to civil liberties? These and other question formed the starting point of a seminar aptly named “Semantic Traps: Politics with Loaded Terms”, which was co-organized by ECAEF, PERC and LAF. Thanks to Kurt Leube – program’s Academic Director and a very eager and generous supporter of ESFL – I was invited to participate in what turned out to be an extremely insightful weekend. But let us start from the beginning …

Read the full article here ->
Semantic Traps

Konferenz-Bericht “Semantic Traps”

Bericht von Georg Winder*

“Semantic Traps” – Haben Sie sich schon einmal bewusst gemacht, wie viele der uns geläufigen Begriffe bereits so umgedeutet wurden, dass diese beabsichtigt oder nicht, kaum noch dem Inhalt entsprechen, den wir eigentlich ausdrücken wollten? Gerade im politischen Diskurs sind diese «Sprachfallen» zuweilen gefährlich und bedrohen zunehmend unsere bürgerlichen Freiheiten.

Um diesen Bedeutungswandel besser verstehen zu können und seinen Einfluss auf den gesellschaftlichen Diskurs besser verstehen zu können, veranstaltete die Liechtenstein Academy Foundation vom 9. bis 11. Juni 2016 auf Schloss Freudenfels eine Konferenz mit dem Titel «Semantic Traps: Politics with Loaded Terms».

Conference 'Semantic Traps', Vaduz (Liechtenstein) 2016
Konferenz ‘Semantic Traps’, Vaduz (Liechtenstein) 2016

In einer inspirierenden Kooperation zwischen dem US «think tank» PERC (Montana, USA), dem European Center of Austrian Economics, ECAEF (Vaduz) und der Liechtenstein Academy Foundation (Vaduz/Freudenfels) konnten wir führende internationale Wissenschafter und Experten aus der Wirtschaft gewinnen, die die Implikationen moderner Sprachfallen mit einem ausgewählten Teilnehmerkreis intensiv diskutierten.

Das Symposium war die Auftaktveranstaltung zum Lehrgang „Understanding How Society Works“, der im Frühjahr 2017 starten wird. Detaillierte Informationen hierzu finden Sie unter www.ae-laf.com.

Conference 'Semantic Traps', Vaduz (Liechtenstein) 2016
Konferenz ‘Semantic Traps’, veranstaltet durch die Liechtenstein Academy Foundation.

*Georg Winder ist Programm-Manager der Liechtenstein Academy Foundation (LAF), Herrengasse 12, FL-9490 Vaduz. Die Liechtenstein Academy versteht sich als Kompetenzzentrum für Persönlichkeitsentwicklung sowie Firmen-, Familien- und Vermögensverantwortung.

Semantic Traps: Politics with Loaded Terms

Semantic Traps


Semantic Traps:
Politics with Loaded Terms

A Seminar for Scholars, Journalists and Entrepreneurs

“One must always repeat the truth, because even the error around us is preached again and again. And not from individuals but from the crowd.” J.W. von Goethe


When political speech writers pen speeches for presidents, prime ministers, and other influential dignitaries, they choose their words carefully, knowing that rhetoric matters. A classic case of an intentional deception of words, according to Schumpeter was the hijacking of the term liberal. In a similar fad, the market economy is increasingly condemned as a system of crony capitalists, the empty notion of social justice turned into a general verdict on our society’s moral status, or carbon pollution became a substitute for the greenhouse gases. In chapter 7 of The Fatal Conceit, “Our Poisoned Language,” F.A. von Hayek lists over 100 words before which we put social ranging from social accounting to social property to social waste, and in each case obfuscate their meaning.
Have you ever wondered how many of our habitual political terms have assumed quite different meanings or, maybe deliberately, have even taken on undertones that suggest something detrimental to what we want to get across? It seems as if the old Confucius warning “when words lose their meaning people will lose their liberty” has more relevance today then ever before.
With Confucius’ admonition in mind, PERC, Liechtenstein Academy, and ECAEF have teamed up to organize a seminar on “Semantic Traps: Politics with Loaded Terms”. Details including the agenda are listed below. If you are interested in finding out more about the seminar, contact co-directors, Terry Anderson or Kurt Leube.

Seminar Date: June 9-11, 2016 (Thu evening to Sat noon)

Location: Liechtenstein Academy Foundation Campus: Freudenfels Castle at Lake Constance, Eschenz, Switzerland

Admission Fee: Free Admission

Program Director: Hans-Rudolf Maag

Academic Directors: Terry L. Anderson and Kurt R. Leube

Seminar Program

Thursday – 9 June, 2016:
tbd Opening Dinner (optional) and welcoming remarks by H.S.H. Prince Michael of Liechtenstein

Friday – 10 June, 2016:
09:00 – 09:30 Registration
09:30 – 10:00 Welcome and Opening
Member of the Princely Family (LI), Hans-Rudolf Maag (CH) and
Terry L. Anderson (USA)

Session I: Politics
10:00 – 10:30 «On the Confusion of Terms in the Political Debate»
Michael Wohlgemuth (D)
10:30 – 10:45 Discussion
10:45 – 11:15 Coffee break
11:15 – 11:45 «Justice, Fairness, Solidarity! The Prophecy of a ‘Socially Just’ Society»
Hardy Bouillon (D)
11:45 – 12:00 Discussion
12:00 – 12:30 «Is the ‘Public Interest’ really in the Public’s Interest?»
Carlos Gebauer (D)
12:30 – 12:45 Discussion
12:45 – 14:00 Buffet Lunch for all participants at seminar site

Session II: Economics
14:00 – 14:30 «Are the Poor really Getting Poorer as the Rich are Getting Richer?»
Erich Weede (D)
14:30 – 14:45 Discussion
14:45 – 15:15 «In Defense of Private Property»
Gary Libecap (USA)
15:15 – 15:30 Discussion
15:30 – 16:00 «Fair Trade and Sustainability: Is Globalization Evil?»
Robert Nef (CH)
16:00 – 16:15 Discussion
16:15 – 16:45 Coffee break
16:45 – 18:00 Q&A, Session I and II
19:00 Dinner at the seminar site (Freudenfels Castle; mandatory); Speaker TBA

Saturday – 11 June, 2016:
08.00 – 09.15 Breakfast
09:30 – 09:45 Directorial Remarks
Hans-Rudolf Maag

Session III: Environmental Issues
09:45 – 10:15 «Dynamic Economics and Dynamic Ecology: The Essence of Free Market
Environmentalism»
Terry L. Anderson (USA)
10:15 – 10:30 Discussion
10:30 – 11:00 «On Secular vs. Non-Secular Environmental Beliefs»
Mark Pennington (UK)
11:00 – 11:15 Discussion
11:15 – 11:45 Coffee break
11:45 – 12:15 «Unleashing the Power of Free Market Environmentalism»
Martin Hostettler (CH)
12:15 – 12:30 Discussion
12:30 – 12:45 Closing remarks
Member of the Princely Family (LI), Hans-Rudolf Maag (CH) and
Terry L. Anderson (USA)
12:45 Individual departures