Intro: Hayek's view on the democracy as a process by which people form opinions is used as a starting point to investigate two neglected problems in the theory of public choice and constitutional theory. From the perspective of the Austrian School of Economics, individual knowledge, entrepreneurs and policy failibila the views of minority plays an

Intro: Why are there no major variations between States in terms of respect for the rule of law, a set of rules and rights political stable and enforced impartially? How can they be imposed limits against abuses of power in democracy and what the beginning and consolidation of a functional democracy?   The theory proposed

Intro: Despite a certain dereglementari of the Western economies since the 1970s, the general trend is not towards the classical liberal model, the State continuing to play an important role as a provider of services. A considerable number of traditional social democracies of Western Europe have been turned into a substantial deregulated States, being paradigmatic

On Friday June 22nd, 6 pm at the Center for Institutional Analysis and Development, our special guest is Anthony Evans, Associate Professor of Economics at ESCP Europe Business School, London. His paper The Financial Crisis in the UK: Uncertainty, Calculation and Error "seeks to provide a distinctly Austrian interpretation of the financial crisis and subsequent

Friday, June 3, at the CADI at 6 p.m. at a workshop about the competition based on the story of Sadhu Cucerai. Intro The aim of the competition is maximizing market share, not good for consumers, and this can be seen best when product is almost as good as the rival product, but noticeably cheaper.