Monetary policy

What Comes after the Coronavirus Crisis – More Socialism or More Capitalism?

Statism is on the rise, despite the fact that western nations were ill-prepared for the Coronavirus pandemic. Old leftist demands are now given even more credence than usual. How can classical liberals and capitalists counter this statist impulse?

Rescuing Businesses during the Coronavirus Crisis Accelerates the Path to a State-Run Economy

The lockdown has accelerated the onset of the financial crisis. Global rescue programs are opening the door to a creeping nationalization. We now face the threat of the kinds of restrictions found in former planned economies.

The Coronavirus Crisis Shines Light on the Debt Spiral

The coronavirus crisis has exposed once again the fragility of our debt-based economic system. There are alternatives to this artificial system of the last 70 years. There are ways that we can better incentivize saving, which will create not only more productivity but more robustness.

The Interest Rate Reversal Has Ended: What’s Next?

Another recession is very likely. For the first time it will not be possible to mitigate it with further interest rate cuts. Previously unknown scenarios are looming. One thing is certain: savers will need to take on more personal responsibility.

Provincial Government Buildings on the Meuse are depicted above, where the Maastricht Treaty (formally, the Treaty on European Union, TEU) was signed on 7 February 1992.

The Euro Illusion: From a Project of Integration to a Green Planned Economy

At first it seemed as if the new President of the European Central Bank (ECB) Christine Lagarde would simply continue the loose monetary policy of her predecessor. But now she has announced a green policy shift. This marks the beginning of a whole new act in the euro drama.

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