Kurt R. Leube

  “Politicians or bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else.” James M. Buchanan   It is 2026, and let us not forget one of the most seminal minds of our times, we should briefly recall the groundbreaking works of James M. Buchanan (1919-2013) who […]

  “This year’s laureates in the economic sciences, Robert E. Hall and Michael Woodford, have developed new macroeconomic models that have significantly improved our ability to implement effective stabilization policy. On the basis of these models, well-timed fiscal and monetary policy measures can reduce the economy’s peaks and troughs”. Announcement of Sveriges Riksbank Prize in […]

  “I would like to set out in this book the reasons why the traditional state as a monopoly enterprise not only is an inefficient enterprise with a poor price-performance ratio, but even more importantly, becomes more of a danger for humanity the longer it lasts.” Hans-Adam II, Reigning Prince of Liechtenstein   First published […]

  “In the building practices of ancient Rome, when scaffolding was removed from a completed Roman arch, the Roman engineer stood beneath. If the arch came crashing down, he was the first to know. Thus his concern for the quality of the arch was intensely personal, and it is not surprising that so many Roman […]

  “Der Zustand des Wettbewerbes ist dadurch gekennzeichnet, dass der einzelneKäufer oder Verkäufer den Marktpreis nicht merklich beeinflussen kann, sondernmitdem PreisalsmiteinergegebenenGrösserechnen muss. Wolltesich der einzelneVerkaufswerbervomMarktefernhalten, um einePreissteigerungherbeizuführen, so würde er sich hierdurch vom Tausch ausschliessen.” Franz Xaver Weiss   Franz Xaver Weiss’ list of publications is distinctly shorter and his international repute much less when […]