ECAEF Update
Vernon Smith Prize 2016 | On February 6, 2017 the winners of last year’s essay competition did defend their papers at a special event in Vaduz (Principality of Liechtenstein). The essays of the three winners can read and downloaded here: First Prize (€4,000): Karol Zdybel, Poland Direct Democracy versus Representative Democracy. Cost and Benefits for […]
GIS statement by Prince Michael of Liechtenstein United States President Donald Trump is threatening to impose economic sanctions against countries that he claims create unfair trade advantage to themselves by artificially depressing their currencies. His main targets are Germany, Japan and China. An interesting argument is used in the case of Germany. The U.S. points […]
LI-Paper von Richard Ebeling Die von der US-Regierung eingeschlagene Richtung verspricht dunkle Zeiten für freiheitliche Werte wie Privateigentum und den begrenzten Staat. Kaum hatte Donald Trump seine Hände von der Bibel genommen, auf welche er den präsidialen Eid geleistet hatte, die Verfassung der Vereinigten Staaten von Amerika zu erhalten, zu schützen und zu verteidigen, begann […]
‘Interventionism is a system that is contradictory and unsuitable even from the point of view of its sponsors, that cannot be carried out logically, and whose introduction in every case can effect nothing but disturbances in the smooth functioning of the social order based on private property’. Ludwig von Mises (1881-1973) The Economics and Politics […]
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