“No religion spread as fast as the belief in full employment, and in this roundabout way, allowed governments that had exhausted their tax and borrowing resources to resort to the phony delights of monetary inflation.” Jacques Rueff (1896-1973), 7th Minister of State of Monaco
Irresponsible socio-economic and fiscal policy measures with alarming demographic problems and depleted state coffers have brought most of the European Welfare State to the brink of collapse. The explosive immigration issues lures masses of disenchanted citizens increasingly to populist rhetoric and confiscatory government actions that challenge the very foundations of a civil society, democratic principles, and the rule of law.
The I. International
Principality of Monaco, November 8, 2016
On the Worldwide Collapse of the Welfare State.
Will the End of a Daydream Turn into a Nightmare?
The I. International ECAEF/CEPROM 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 (email@example.com)
Administrative Director: Emanuel Falco, CEPROM (firstname.lastname@example.org)
Media Contacts: Nicolas Saussier, CEPROM (email@example.com)
Conference Date: November 8, 2016
Participation: by invitation only
Location: Musee Oceanographique de Monaco, Principality of Monaco
Conference Languages: English and French; simultaneous translation
09:30-9:45 Welcome: H.S.H. Prince Albert II. and H.S.H. Prince Michael of Liechtenstein
Session I: The End of a Daydream (9:45-12:15)
09:45-10:00 Chair: Pedro Schwartz (ES)
10:00-10:30 10:00-10:30 Unlike Socialism, the Welfare State cannot be Defined: Antonio Martino (I)
10:45-11:15 Coffee break
11:15-11:45 The Fatal Illusion of ‘Social Justice’: Hardy Bouillon (D)
12:15-14:15 Luncheon for speakers and invited guests
Session II: The Beginning of a Nightmare (14:15-16:30)
14:15-14:30 Chair: H.S.H. Prince Michael of Liechtenstein (LI)
14:30-15:00 Unintended Consequences of the Welfare State: Victoria Curzon-Price (CH)
15:15-15:45 On the Looming Financial Fiasco: Pascal Salin (F)
16:00-16:30 Coffee break
Session III: There is a Way Out! (16:30-18:40)
16:30-16:45 Chair: Pedro Schwartz (ES)
16:45-17:15 An Inspiring Revolution: Pension Savings in Personal Accounts: Carlos Gomez (Chile)
17:15-18:15 Panel discussion with Bouillon, Curzon-Price, Gomez, Klaus, Salin)
18:15-18:30 Discussion general
18:30-18:40 Farewell Remarks: Emmanuel Falco, CEPROM (MC)
18:50-19:50 Farwell Reception at the Palace for invited guest and speakers, hosted by H.S.H. Prince Albert II.