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NEW AUSTRIAN SCHOOL OF ECONOMICS
Marginalism; Marketability; The Real Bills Doctrine vs. the Quantity Theory of Money; Interest versus Discount; The True Role of the Gold Standard
September 3 - 9, 2012
(10am-12:30 and 4pm-6pm)
Lecturer: Prof. Antal E. Fekete
Guest Lecturers: Sandeep Jaitly (United Kingdom, feketeresearch.com)
Keith Weiner (United States of America)
Location: Munich, Germany
Click for expanded schedule
The New Austrian School of Economics is a series of lectures established by Professor Antal E. Fekete which examines a branch of economic science mainly based on the work of Carl Menger (1840-1921) and the theories of Ludwig von Mises and Friedrich August von Hayek.
Professor Antal E. Fekete is an expert on monetary science. In 1984 the American Institute of Economic Research in Massachusetts appointed him to the Committee of Monetary Research and Education to spend a year as visiting fellow. After one year he was invited by Congressman William E. Dannemeyer to work in Washington D.C. on fiscal and monetary reform of the United States.
More about Antal E. Fekete: http://www.professorfekete.com/articles/aefabout.pdf
This course is a seven-day, twenty-lecture session. Its topics are not recycled but new material. Its completion will earn one credit of the four needed towards a Bachelor of Monetary Science (BMSc) degree handed out by Prof. Fekete.
It is meant for those, including beginners, who are interested in the theory of money, credit, and banking, with special emphasis on the current financial and economic crisis. Previous courses are not a prerequisite.
Registration Information.
The participation fee for course is 1,100.00 Euro (incl. 19% German VAT). Day tickets can be purchased: 1-day: 300.00 Euros, 2- days: 500.00 Euros, 3 and more days: 200.00 Euros/day. This includes tuition, non-alcoholic drinks and snacks during the lectures, printed lecture notes for the course.
Hotels and Restaurants are within walking distance and you will receive a list of suggestions.
There is a EUR 300.00 non-refundable pre-registration fee that will be credited toward the tuition fee.
Students will receive a scholarship reducing the tuition fee to 100.00 Euro for the complete seminar (limited to 10 scholarships in total).
Organizers of the course are Wilhelm Rabenstein and Ludwig Karl.
In order to register for the course you can get in contact with us via email (nasoe@kt-solutions.de) or phone (+49-170-380 39 48. Before calling, please consider a possible time lag.
You might also want to take a look at the New Austrian School of Economics on Facebook:
https://www.facebook.com/newasoe
Travel Information.
Munich – also home to the famous Oktoberfest – is located in the southern part of Germany.
It can be reached easily from throughout the world.
Arriving by plane:
Munich´s Franz-Josef-Strauss Airport (MUC) is one of the biggest in Europe and located in the North-East of Munich.
Trains (S-Bahn) going to the Munich Eastern Central Station (interchange) are leaving every couple of minutes.
From there on it will only take you a tube ride of 4 minutes to get to the area where the venue is located.
Arriving by train:
Trains to Munich can be taken from almost every station in Europe.
In case you arrive at the Central Station and not at the Eastern Central Station it will only take you a tube ride of eventually ten minutes to get there and on to venue from there.
Arriving by car:
Munich has a perfect traffic connection and is easily reachable from throughout of Europe.
Once arrived in Munich you only have to get on “Mittlerer Ring” which surrounds the inner city and leave at the exit “Bogenhausen”. From there on it will only take you around 5 minutes by car to get directly to the venue.
The direct surrounding is one of the few in Munich where you can park your car for free right in front of the house.
The Venue:
The venue is a villa in a beautiful setting not far away from the centre but located along the river “Isar” on the last borders of the famous park “Englischer Garten”.
Surrounded by almost exclusively consulates general the villa belonging to a student fraternity is centered in a peaceful and easily reachable part of Munich with the underground, the bus and the tramway within walking distance.
The address:
Maria-Theresia-Str. 20
81675 Munich, Germany
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Professor Antal Fekete is an intellectual heavyweight who could probably solve almost any problem to
which he puts his mind. In mathematics, just one of his unpublished theories has the potential to solve
the coming bottleneck in computing power and artificial intelligence. Yet it is to the science of monetary
theory that the professor has devoted most of his thinking in the past few years, and we are all fortunate
that he has done so. Personally, I feel especially lucky to have had a chance to collaborate with him over
the past year or two, and I eagerly look forward to many years more.
I may only be exaggerating slightly when I say that the professor's exposition -- right in front of our
eyes -- of a unified economic and monetary theory may turn out to be as important scientifically as some
of the greatest discoveries in physics, chemistry or medicine. After attending the second Gold Standard
University Live session in Szombathely, Hungary, in August of 2007, I coined the phrase "prosperity theory"
in an attempt to capture the true meaning of Professor Fekete's work: nothing less than THE BLUEPRINT for
how society can have the best chance to prosper. This unified theory is so staggering in its importance
that I'm fairly certain people many centuries from now will look back at this period, and the professor's
work, as a "Golden Age" of monetary thinking. No, I did not take any drugs while writing this although
reading or listening to the professor's sage words can sometimes elicit some drug-like reactions!
I highly recommend that everyone attend as many of the professor's live seminars as possible because the
full effect of his greatness is best appreciated in person, especially for the layman. You never know, the
experience may turn out to be as priceless in retrospect as having attended a lecture by Adam Smith, Sir
Isaac Newton or Albert Einstein before they were recognized for their greatness. Whether you get a chance
to catch the professor live or not, all of his writings are must reading for the serious student of money,
gold, finance and economics.
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