Taking Money out of Politics: A case for Private Money?

Globally, governments have maintained the sole right of money creation and issuance of tender. Over time, to further their own self-interests, central banks and the ruling elites in governments have developed creative methods to slash their citizens’ wealth by inflating and devaluing these currencies. The Central Bank Digital Currency (CBDC) being the latest of these tools that come with grave dangers for civil liberties and the sovereignty of people.

Is there a case for Friedrich A. von Hayek’s “Denationalization of Money”?

The XVII Gottfried von Haberler Conference will take up these topics and hear from the most distinguished international scholars in the field. Participate in a general discussion regarding pressing monetary policy issues and potential viable alternatives to the status quo.

Conference Program: May 12, 2023

08:30-09:00  Registration/Fee

09:00-09:15   Welcome and Opening Remarks: H.S.H. Prince Michael of Liechtenstein

Session I
On the Monetary Policy of Central Banks (9:15-11:30)

09:15-09:30    Chair: Peter A. Fischer (CH)

09:30-10:00     Das Statut der EZB – Ein Grant für einen stabilen Euro? Otmar Issing (D)

10:00-10:15       Discussion

10:15-10:45       COFFEE BREAK

10:45-11:15        Über die ‘Ethik der Geldproduktion’ und ihre Folgen. Guido Hülsmann (F)

11:15-11:30          Discussion

11:30-13:15         Buffet Luncheon for all participants at the conference site

Session II
On Inflation and its Causes (13:00-14:45)

13:15-13:30        Chair: Peter A. Fischer (CH)

13:30-14:00       Thesen zur gegenwärtigen Inflation.  Thorsten Hens  (CH/D)

14:00-14:15       Discussion

14:15-14:45       Using ‘Dollarization’ to Fight (more than) Inflation.  Nicolas Cachanosky (ARG)

14:45-15:00       Discussion

15:00-15:30       COFFEE BREAK

Session III
Free Banking: History, Theory and Future (15:15-18:00)

15:30-15:45      Chair: Vahan P. Roth (CH)

15:45-16:15        Gold or Bitcoin as Alternatives to Fiat Money. Lawrence H. White (USA)

16:15-16:30        Discussion

16:30-17:00       Forward to the Past? Hayek, Free Banking, and the Cryptocurrency Revolution.
                                 George Selgin (USA)

17:00-17:15         Discussion

17:15-17:30         SHORT BREAK

17:30-18:00        Bitcoin, Stablecoins, and the Dangers of CBDCs. Alan Futerman (ARG)

18:00-18:15         Discussion

18:15-18:20         Farewell Address:  H.S.H. Prince Michael of Liechtenstein

18:35-19:45        Cocktail Reception at Vaduz Castle.

Registration details:

By invitation. Contact us for more information.

Admission:  General CHF 150/EUR 150; Students CHF 50/EUR 50.

The support of the University of Liechtenstein and multiple local and international sponsors is gratefully acknowledged.

Academic Director: Kurt R. Leube tel. +1 650 248 4955, +43 676 942 8980, krleube(at)gmail.com

Administration: Rosmarie Lutziger tel. +423 235 1570 rosmarie.lutziger(at)lgt.com

Media Matters: Karin Brigl tel. +423 235 2344 karin.brigl(at)lgt.com

Relevant literature will be offered for sale by: holger.thuss(at)tvrgroup.de