Austrian Economics Center

Austrian Economics Center The Austrian Economics Center's goal is to help create a free, responsible and prosperous society.

When he's Austrian but not from Austria. Part III
18/06/2026

When he's Austrian but not from Austria. Part III

ECB: New update dropped.Mises: Unsubscribe. 😎
17/06/2026

ECB: New update dropped.
Mises: Unsubscribe. 😎

Record revenues.Record spending.Persistent deficits.And we're told the answer is higher taxes?“The state does not have a...
16/06/2026

Record revenues.

Record spending.

Persistent deficits.

And we're told the answer is higher taxes?

“The state does not have a shortage of tax revenue; it has an excess of spending.”
— Barbara Kolm

Quote of the Week | Friedrich August von Hayek
15/06/2026

Quote of the Week | Friedrich August von Hayek

Austrian Economics is always in style.Because truth doesn't follow trends, and sound ideas never go out of fashion. ...
12/06/2026

Austrian Economics is always in style.
Because truth doesn't follow trends, and sound ideas never go out of fashion.

🚨 EVENT ANNOUNCEMENT 🚨What if death is not inevitable?What if aging is not a destiny, but a problem science can solve?Th...
11/06/2026

🚨 EVENT ANNOUNCEMENT 🚨

What if death is not inevitable?

What if aging is not a destiny, but a problem science can solve?

This July, one of the world's most provocative futurists comes to Salzburg.

José Luis Cordeiro presents the international bestseller ''The Death of Death''.

A fascinating evening exploring longevity, artificial intelligence, biotechnology, and the future of humanity.

📍 Salzburg
📅 July 21, 2026
🕕 6:00 PM

❗Registration opens: June 15

When he's Austrian but not from Austria. Part II
11/06/2026

When he's Austrian but not from Austria. Part II

The language of economics begins with a simple insight: Costs do not disappear simply because they are hidden.When a goo...
10/06/2026

The language of economics begins with a simple insight: Costs do not disappear simply because they are hidden.

When a good or service is described as "free", the relevant question is not whether a cost exists, but where it has been shifted. To whom? Through what mechanism? And at what point in time?

The Austrian School has long emphasized the importance of looking beyond immediate appearances and examining the underlying structure of incentives, trade-offs, and opportunity costs.

As Friedrich A. Hayek observed, economic thinking often requires us to look beyond the visible effects of a policy or decision and consider its less obvious consequences.

There is no such thing as a free lunch. Only costs that are more or less visible.

What is something people call "free" that isn't really free?

👇 Tell us in the comments.

POV: You just finished reading Basic Economics.
09/06/2026

POV: You just finished reading Basic Economics.

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