socialism

  The following series of articles presents the Austrian School of economics, 1000 words at a time. Nine economists. Twenty-seven articles. One coherent tradition that the establishment has been trying to ignore for 150 years. They were right. Article 6/27 Vienna. 1919. The Austro-Hungarian Empire has just collapsed. The war has been lost. The old order […]

  On April 18, Spanish Prime Minister Pedro Sanchez convened a summit of so-called “progressive” leaders from around the world, bringing together roughly 6,000 participants. Among those in attendance were Brazilian President Luiz Inacio Lula da Silva, Mexican President Claudia Sheinbaum, Colombian President Gustavo Petro, South African President Cyril Ramaphosa, German Vice Chancellor Lars Klingbeil […]

A self-declared democratic socialist as mayor of Big Apple*.   “We will prove that there is no problem too large for government to solve, and no concern too small for it to care about”. Zohran Mamdani I It is rather unfortunate but hardly disputable that Socialism, despite its theoretical blunders, its catastrophic record, and all […]

“Wir können uns dieses System das wir heute so haben mit dem was wir wirtschaftlich so erwirtschaften in der BRD einfach nicht mehr leisten. Wir leben seit Jahren über unsere Verhältnisse”. “We can simply no longer afford this system that we have today with what we economically generate in the Federal Republic of Germany. For […]

Erec Smith presents “On the motivations and implications of critical social justice” at our 19th International Gottfried von Haberler Conference in Vaduz, May 2025.