Inflation is profoundly socially unjust. Its causes lie above all in an expansionary monetary policy, and this must be stopped. If policymakers want to prevent the inevitable recession that will follow, they will only make the problems worse.
In Germany, there is a growing gap between the inflation of the state apparatus and its ability to fulfill its tasks. Politics suffers from political fantasies of omnipotence and constitutional ignorance. Who is to blame?
Since Putin’s war against Ukraine, the West once again has a clear enemy. Many now recall Carl Schmitt, who saw the essence of the political in the distinction between friend and enemy. But that is too simplistic.
Does trade among nations promote peace? The liberal-minded Enlightenment affirmed this under the phrase “doux commerce.” At present, however, we are witnessing how economically closely linked nations are at war with each other.
It is perfectly legitimate to point out the dangers of an uncontrolled escalation of the Ukraine war. Left-wing intellectuals who do so, however, have largely adopted Putin’s propagandist view. Behind it, however, lies a dangerous ideology.
An overview of Ukrainian history shows why the fight against the Russian aggressor is a matter of either supporting or not supporting the continued existence of Ukraine. The accusation that this is a form of genocide seems justified in this light.
Individual freedom by itself is not a political good. Classical liberalism understood the state not only as a threat, but always as a guarantor of freedom. To this end, it can also restrict freedoms, as in the case of fighting a pandemic. Everything is a question of proportionality—and about this some people have justified doubts.
Capitalism and the market economy are the foundations of our prosperity, which, thanks to globalization, is also spreading to places in which poverty still prevailed decades ago. At the Austrian Academy 2021 experts explain to twenty-two young people why this is so.
Attempting neutrality in public education ends up creating a systemic preference for a particular ethical standpoint. This creates a tension between public schools and the principle of liberal neutrality. This tension can be resolved without abandoning government-financed education through policies that are both popular and effective.
Did the rich get rich by robbing the poor? Theology and Catholic social teaching have long known that wealth generation is not a zero-sum game, but a process from which everyone benefits.
