Vernon Smith Prize Contest Information

ECAEF invites papers for the 4th International Vernon Smith Prize. We kindly ask you to spread the word and use the downloadable PDF to inform your students about this call for papers.

CALL FOR PAPERS
The 4th International 'Vernon Smith Prize' 2011
for the advancement of Austrian Economics
sponsored and organized by
ECAEF - European Center of Austrian Economics Foundation,
in Vaduz (Principality of Liechtenstein) - November, 2011

 “The Rule of Law in Decline”

Present-day political thinking is apt to be utterly confused about the nature of the rule of law (Rechtsstaat), and the different purposes a democratic system ought to serve. What we call laws are actually rules which are arbitrarily set or adjusted in whatever fashion the ruling majority determines it necessary. This leads to a progressive decline of individual freedom.

We invite papers on this topic who meet the following requirements:

1: Entries may be submitted by individuals of up to 30 years (2011)

2: Entries may not exceed 12 pgs.; 1.5 space; full bibliography and summary included; left/right margins no less then 1 inch; a current CV must be attached

3: Entries must be submitted in electronic form (PDF) to ecaef@ecaef.li

4: Entries must be received on or before November 30, 2011.

5: It is expected that all prize winners will participate in the award ceremony.

Prizes are not transferable and will be awarded on the basis of originality, grasp of subject, and the logical consistence of the argument. Essays will be judged by an international jury and the winners will be invited to present their papers at a special event in Vaduz, the Principality of Liechtenstein on January 30, 2012.

First Prize: €4,000

Second Prize: €3,000

Third Prize: €2,000

Deadline for submission: November 30, 2011

Best regards,

Kurt R. Leube

ECAEF

European Center of Austrian Economics Foundation,

Vaduz (Liechtenstein)

PDF Download: http://dl.dropbox.com/u/17882272/vernonsmithprize2011.pdf

Vernon Smith Prize online:  http://ecaef.org/index.php?catID=341&navID=341&GOTO=1

 

Comments

[Mario Rizzo]

Suddenly I love the Principality of Liechtenstein and the European Center of Austrian Economics Foundation.

[Xerographica]

I'm going to submit a paper on how Mises said that there wasn't a "third solution". No third solution?

What about allowing taxpayers to directly allocate their individual taxes? Isn't that a third solution?

The problem with dogma is that it creates blinders. Mises said a third solution didn't exist and none of his followers doubted his false dichotomy.

What would this world look like today if Mises had been able to see this third solution? What will this world look like tomorrow if Austrian economists calculate the third solution's value to society?

[Niko]

I kindly did spread the word about it for three years, but the contest seams to be a mostly GMU oriented prize. Most of my friends are in the Mises camp, so they didn't feel like applying. And now we are to old for it :).