state

  Global debt has reached staggering figures, totaling more than $300 trillion in 2024. Most of this debt is concentrated in the older, industrialized democracies, as well as China. It comprises public sector (sovereign) debt, corporate borrowings and household liabilities. Collectively, it represents roughly 300 percent of the world’s gross domestic product. In 2024, the total […]

This material was originally delivered as a speech at the XIX GvH Conference in May 2025.   Zusammenfassung Der Vortrag zeigt auf, wie die Prinzipien der österreichischen Schule DEI verwirklichen: Diversität als Vielfalt von Lebensformen, Kulturen, Meinungen usw. ist in einer Gesellschaft ermöglicht, die auf freiwilligen Interaktionen basiert. Gleichheit („equity“) ist Rechtsgleichheit: Es gilt das […]

  While democracy is an established modern political standard in the developed world, the recent trends toward populism (both from the right and left) have caused concerns. Populism usually comes with demands for increasing various protection from the government supposedly desired by the people. Populism has gained so much traction that these days it wins, […]