Inequality is Shrinking: Branko Milanović Disagrees with Oxfam
Every year the Oxfam report makes sensational headlines. The tenor: global inequality is increasing. 26 billionaires would own as much as the 3.8 billion poorest people in the world. Leading inequality specialist Branko Milanović unmasks Oxfam’s alarmism as misleading.
Market Capitalism and Christian Social Ethics: A Contradiction?
Capitalism and free markets are widely considered to be incompatible with Christian social ethics. At a closer look, however, market capitalism turns out to be the economic order most consistent with the basic principles of Christian ethics.
Austrian Observer
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UNDERSTANDING ECONOMICS
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OVERCOMING POVERTY
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The Austrian Institute is dedicated to the dissemination of the principles of classical liberalism in the tradition of the Austrian School of Economics, as well as other consistently market-oriented and freedom-based approaches.
The target audience of the Austrian Institute is anyone interested in learning more about the Austrian School of Economics, regardless of age, educational background, or religious affiliation. The Institute intends to promote a better understanding of basic economic relationships, their social implications, and the vital role of entrepreneurs in fostering these relationships.
