English

Most environmental problems result from the tragedy of the commons. The typical response to environmental issues is to turn to government regulation. In contrast, free market environmentalism embraces the lessons of markets by defining and enforcing property rights to prevent over-consumption or other negative outcomes …

When Naive Presumptions prompt Hasty Judgments: On the Benefits and Problems of Genetic Engineering Wenn Vermutungen zum Urteil werden: Die Gentechnologie am Pranger “Denying the science and technology of which genetic engineering is the current striking manifestation is simply an ostrich reaction and cannot solve our problems”.  Bernard E. Rollin Gottfried von Haberler Conference 2019 | […]

Our ECAEF team wishes all its friends and supporters a Merry Christmas 2018 and a Happy New Year. Don’t forget to mark your calendars: Vernon-Smith-Prize Winners Ceremony on Feb 4, 2019 in Vaduz (FL) 15th Gottfried v. Haberler Conference on May 17, 2019 in Vaduz (FL) 4th Jacques Rueff Conference in December 2019 in Monaco

Dear friends. As usual, I was right. The United Nations climate summit in Katowice, that little Polish city created by coal and forged by fire, came to an end marked by: There was an agreement to continue negotiations A “thin” rulebook has been agreed upon The “thin rulebook” contains principles and further workstreams The market […]

This paper was presented at the III. ECAEF/CEPROM Conference on “Concurrent Currencies: Curse or Cure?” in Monaco on Dec. 6, 2018. These academic conferences in honor of Jacques Rueff are planned and organized by ECAEF (European Center of Austrian Economics Foundation, Liechtenstein) and hosted in Monaco by CEPROM (Center of Economic Research for Monaco). Abstract […]