Education and Science

The U.S. in Decadence? The Warning Signs Cannot Be Overlooked

The United States today exhibits characteristics of decadence that historians have considered instrumental in the decline or loss of power of earlier empires. A brief analysis.

The Entrepreneurial State Stifles Creativity and Hinders Innovation

Today, people trust the state to lead us into a sustainable future. All it has to do is steer innovation in the right direction, many say. But where the planning state intervenes, creativity suffers.

Play Video

Globalization: From a Christian Perspective, The Worldwide Driver of Innovation and Mass Prosperity

Globalisation is being attacked – from the left as well as from the right. But it is indispensable for overcoming poverty, as Philip Booth showed at the Austrian Academy 2020.

F.A. Hayek on the Discovery, Use, and Transmission of Knowledge

This September marked the 75th anniversary of F.A. Hayek’s pivotal essay “The Use of Knowledge in Society.” It is not only a noteworthy advance in Hayek’s critique of central planning. Hayek’s insights about competition as a ‘discovery procedure’ also provides conceptual tools for other forms of institutional analysis.

Defend Globalization!

For critics of globalization, the matter is clear: it is the main culprit of the Coronavirus epidemic. On the contrary, globalization is particularly helpful in this context, among other things because it reduces regional dependencies.

How the French state eats up the well-being of its people

The billions spent by the European Central Bank are not going to save the labor markets of Italy and France. This is proven by figures from the everyday business world. 

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.

Elon Musk’s Reach for the Stars: Why Eccentric Entrepreneurs Also Benefit the Rest of Us

Elon Musk might rub some people the wrong way, but this eccentric entrepreneur has accomplished some things that many believed were unlikely or even impossible. And ultimately society has benefited.

Please note that the main website of the Austrian Institute is in German.

For further articles, events and videos switch to the German version by clicking on the language button at the top of this page.

Sign up for our newsletter.

Please note that the Newsletter of the Austrian Institute is currently only available in German.

Sign up

Send this to a friend