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The 11th International Vernon Smith Prize for the advancement of Austrian Economics is an essay competition sponsored and organized by ECAEF – European Center of Austrian Economics Foundation, Vaduz (Principality of Liechtenstein). We are calling for papers! This years’ topic: Obscured by Fake News: The Politics, Morals, and Limits of Genetic Engineering Biotechnological procedures, including genetic modification […]

Steve Hanke Lecture on Money, Banking and Markets | Almost exactly 10 years ago, amid the rapidly worsening ‘subprime mortgage crisis’, Lehman Brothers Holdings Inc., was forced to file for bankruptcy. Shortly thereafter, actually within hours AIG collapsed, triggered a run on most money-market funds, which accelerated a cash crunch and ultimately not only wrecked […]

The Board of the ‘European Center of Austrian Economics Foundation’ is pleased to announce the appointment of Prof. Dr. Steve H. Hanke* as the “ECAEF Gottfried von Haberler Professor”. Steve Hanke indicated that he is honored by the fact that the professorship is named after the late Gottfried von Haberler, one of his mentors and a […]

Typical economic cycles last about seven years. Since the 2008 financial crisis, we have seen continuous growth in the global economy, and more is expected. The International Monetary Fund forecasts global growth of 3.9 percent for this year and next. We would like to believe that these are realistic predictions and not wishful thinking. The […]

Karl-Peter Schwarz im Interview mit dem Britischen Historiker Timothy Garton Ash. Aufgenommen im Zuge der 14. Gottfried-von-Haberler Konferenz 2018 in Vaduz (FL)* Englische Zusammenfassung seines Vortrags “Is a Spectre still haunting Central Europe?” In central Europe we are witnessing a dramatic reaction against nearly 30 years of transformation, liberalisation, Europeanisation and globalisation. Populist parties in […]

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