Invitation to a lecture on Austrian Economics – The government: what is it, what does it do & what is it capable of doing? An Austrian perspective (June 12, 2024, Brussels)
Speaker: Bart Vanderhaegen
Organized by the Ludwig von Mises Institute Europe
Date: June 12, 2024
Time: 6.00-8.00 pm
Venue: Holland House Rue d’ Arlon 20, Brussels, 1st floor
Registration before June 10, 2024 send an email to assistant@vonmisesinstitute-europe.org.
Entrance fee: 50€ per person on banking account: BE09 3630 0162 1657.
Entrance fee for members: 35€ per person on banking account: BE09 3630 0162 1657
About the Speaker:
Bart Vanderhaegen is a management consultant, with strong interests in physics, epistemology and economics. He is also a podcaster and public speaker.
Explanation of the topic:
The Austrian school of economics has a distinctive approach to explaining how the government works. Instead of treating it as a black box, or as some incontestable “given”, the Austrian school treats the government as a collective of acting individuals, who pursue goals and are influenced by incentives.
This approach allows us to better understand how the government actually works and what impact it can have and cannot have. We will discuss the different functions of government (protecting rights, provisioning public goods, up until stimulating the economy).
In particular the function of stimulating the economy will be covered. In order to do this, we’ll look into the various instruments that governments use to try to stimulate the economy:
- Monetary policy (inflating the money supply, lowering the interest rate)
- Fiscal policy (public -deficit- spending to drive demand & consumption)
- Subsidies
- Tax cuts
- Tariffs
- Privatization
For each of these, we’ll critically argue why and how these instruments can stimulate the economy, or not. Also, you will learn for example why classical Keynesian multiplier theory is flawed.
Join us to discover the unique Austrian method and arguments applied to these relevant topics in today’s world !
Schedule
6.00 pm Welcome and introduction by the president of LVMI Europe
6.05 pm lecture by Mr. Bart Vanderhaegen.
6.55 pm Q & A
7.15 pm Reception
Registration & Further Information
Registration before June 10, 2024 Send an email to assistant@vonmisesinstitute-europe.org.
Entrance fee: 50€ per person on banking account: BE09 363001621657.
Entrance fee for members LVMI Europe: 35€
Payment on entry is no longer possible. Guests are always welcome.
Paying via PayPal is possible and an invoice for your company can be provided for.
To register, please send us your name and affiliation via e-mail before June 10, 2024 to: assistant@vonmisesinstitute-europe.org.
The institute is looking forward to welcoming you!
Organizer: Ludwig von Mises Institute -Europe
The Ludwig von Mises Institute-Europe was officially established on 12th October 2002 as a non-partisan think- tank fostering an open and free society. Since its foundation in 2002, the Ludwig von Mises Institute-Europe has successfully organized a variety of conferences, symposia, discussions, targeted dinner debates and lunch debates, discussing topics like: The growing role of the EU; Knowledge & Innovation; Transatlantic Relations; Tax Competition; Better Regulation; and Islam and the EU, FTT, Banking Union, Banking and Monetary Policy. Cybersecurity and Cyber Defence LVMI Europe has several important publications to its credit, like: “Hayek revisited”2002, “Better Regulation” 2010 “Banking and monetary policy from the perspective of Austrian economics”2018, “The Austrian School of Economics in the 21st Century” 2023
