On 2 July 2026, Gerard Radnitzky would have celebrated his 105th birthday. Were he still alive today, he would be appalled by the endemic self-destruction of democracy in politics and society—appalled, but hardly surprised.
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19th Vernon Smith Prize: Call for Papers! The International Vernon Smith Prize has been established in 2008 by ECAEF for the advancement of Austrian Economics. The essay competition is named after Professor Vernon Lomax Smith.
CBDCs promise modernization but introduce new financial risks. A digital euro cannot substitute for economic competitiveness. Privacy, stability and governance concerns remain unresolved.
