Philosophy and Ethics

Why Conservatives Are Not Liberals

What conservatives and liberals often have in common is their opposition to certain forms of dirigiste and tendentially collectivist political measures. However, this is driven by very different motives, as elucidated by Friedrich A. von Hayek. The difference is still of high relevance today.

The Political Morality of Freedom: The Liberal Legacy of the French Revolution in the “Atlantic” Perspective

The French Revolution was a complex historical event, and its intellectual foundations were likewise complex. It is a mistake to reduce it to the Jacobin terror. It was a liberal revolution whose ideals sprang from the Anglo-Saxon legal tradition.

American Economist, Peter Boettke: Socialism or Liberalism? Economics Has the Answer

In his lecture in Vienna, U.S. economics professor Peter J. Boettke emphasized that the world is at a crossroads. Only capitalism is a viable path for humankind to flourish.

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Peter J. Boettke: Capitalism, Socialism and Our Future

The video of the event on May 8 at the “Haus der Industrie” (Vienna) with Peter J. Boettke, who spoke on the topic “Capitalism, Socialism and our Future”. It was followed by a conversation with Prof. Dr. Hansjörg Klausinger from the WU-Vienna.

Our Credit-Financed Monetary System: A Risk to Freedom and Prosperity

Vulnerable book money and the state’s fight against cash: Our monetary system is fragile, and central banks have proven unreliable. Are there alternatives to the prevailing credit money?

A Society Living on Credit Creates Inflation and Financial Crises

A new financial crisis is on the horizon. The culprit is not a lack of regulation, but our monetary system that is based on credit, and a society that lives at the expense of the future.

Socially Unjust Inflation: Why Recessions Are Inevitable and Salutary

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.

Leviathan Wobbles and Wavers—But the Citizens are Ultimately Responsible for It

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?

Politics Is Not about the Friend-Enemy Distinction, but a Struggle for the Rule of Law

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.

“Doux Commerce,” or the Peacemaking Power of Trade: Just a Dangerous Illusion?

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.

The Left’s Blindness to History: The Benevolent View of Russia Has Proved Fatal

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.

Do We Need a ‘Great Reset’, or More Capitalism?

For many, capitalism needs to be reinvented. And yet it proved to be robust, innovative and enormously successful, especially during the pandemic. Thus, the idea of a “Great Reset” merely serves familiar anti-capitalist prejudices.

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