Austrian economics

1. What is productivity according to the Austrian School of Economics? The Austrian School of Economics views productivity as the successful alignment of subjective consumer demands with efficient, time-structured production. It rejects aggregate statistical averages, emphasizing instead that true productivity arises from entrepreneurial innovation, capital investment, and time preference (the decision to save rather than […]

What if the best education for poor children isn’t provided by the state? James Tooley presents compelling evidence that low-cost private schools can outperform public education while remaining affordable for low-income families.

In this exclusive interview with Malte Fischer (Neue Zürcher Zeitung), Prof. Philipp Bagus explores how Javier Milei brought the ideas of the Austrian School to the center of global political debate. What lasting effects could these policies have on Argentina’s future?

In this lecture, Dr. Kristian Niemietz revisits the World Bank’s influential 1994 report Averting the Old Age Crisis and compares its recommendations with today’s reality. Why have most countries failed to embrace funded pension systems?

Dr. Christian Niemietz hat in Berlin an der Humboldt Universität Wirtschaftswissenschaften studiert. Es folgten Forschungsaufenthalte in der Zentralbank von Bolivien und in der Statistikbehörde von Paraguay. dr. Christian Niemietz promovierte am King’s College London und leitet die polit-ökonomische Abteilung in London am Institute of Economic Affairs.