English

Small polities have different advantages. Because of their smallness, they can be more efficient; this allows them to be alert to opportunities. Because of their social tissue, small polities have the advantage of self-regulating through bonding and bridging, i.e. through social capital, rather than through bureaucracy. Social capital increases with its usage and is a […]

Note: To further reach out to young individuals and increase their chances to win we have extended the deadline of our Essay Competition by 11 days. New deadline is November 30, 2018. The 11th International Vernon Smith Prize for the advancement of Austrian Economics is an essay competition sponsored and organized by ECAEF – European Center of […]

“This short paper by Terry L. Anderson (Hoover Institution, Stanford University) will be presented at the Opening Dinner for the III. ECAEF/CEPROM Jacques Rueff Memorial Conference on “Concurrent Currencies: Curse or Cure?”. December 5, 2018 in Monaco. For a detailed program, please visit ceprom-conference-monaco-2018 “The real world is a special case with which economists seldom deal.” […]

In his blog “Thoughtful Ideas” (Commentary on Current Political, Economic, and Social Developments in the United States and Around the World) author Alvin Rabushka recently published his thoughts on Economic Freedom … Economic Freedom, Part 1 In October 1986, with support from the Liberty Fund in Indianapolis, Indiana, the Fraser Institute convened the first of […]

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 […]