English

“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 […]

“We shall all be the gainers if we can create a world fit for small states to live in.” – Friedrich von Hayek The XI. Gottfried von Haberler-Conference will take place on Friday, May 29, 2015 at Hochschule Liechtenstein in Vaduz. Topic: “Seid umschlungen Millionen? – Der Würgegriff grosser Staaten” (English: “Small is beautiful! Downsize the States, […]

Europe and Australia’s backward steps | GIS Statement by Prince Michael of Liechtenstein. Australia’s Parliament has just passed new draconian legislation which carries threats of the former communist police states, writes Prince Michael of Liechtenstein in his most recent GIS statement. The legislation, passed by a huge majority on October 1, 2014, provides that anybody, including journalists […]

GIS World Report 2014 – by Prince Michael of Liechtenstein | This resume is based on reports from our worldwide experts and our own research, looking at today’s main issues and concentrates on key global events which are likely to be of further interest. Topics are covered regionally and by subject headings which include economics, […]

The 7th International Vernon Smith Prize for the Advancement of Austrian Economics is sponsored and organized by ECAEF – European Center of Austrian Economics Foundation, Vaduz (Principality of Liechtenstein). This years topic of the Essay Competion: “Trusting Politicians with Our Money is like Leaving a Cat in Charge of a Cream Jug” |- First Prize EUR […]