The Liechtenstein Academy Foundation holds a new seminar "Understanding How Society works - An Introduction to the Austrian School of Economics" since 2016 at Schloss Freudenfels.
A minimum of theoretical knowledge of markets, ethics or how a society works is a precondition of any meaningful debate that aims lead to concrete and sustainable actions. Only those will prevail who are able to comprehend the essentials of human actions and who are thoroughly primed for taking a stand. This is of special importance in times where we are confronted on a daily basis with news regarding the manifold ‘Emergencies’ of today such as the economic and political crisis, global migration, the uncertain future of the welfare state or the issue of data security in the age of digitalization.
However, today’s majority of conventional socio-economic curricula existing at academic institutions continue to focus predominantly on quantifiable methods and elusive models. This notable deficiency could be filled with this innovative course: «Understanding How Society Works»