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NEW AUSTRIAN SCHOOL OF ECONOMICS
Also discussing:
1. The Phenomenon of Economic Resonence
2. The Linkage and Kondratieff´s Long-Wave Cycle
3. Why Silver?
March 24 - April 2, 2012
(10am-12noon and 4pm-6pm)
Lecturer: Prof. Antal E. Fekete
Guest Lecturers: Sandeep Jaitly (United Kingdom, bullionbasis.com)
Keith Weiner (United States of America)
Location: Munich, Germany
This is the fourth in a four-course series on Austrian Economics, a branch of economic science based on the work of Carl Menger (1840-1921). The school is meant for those (incl. beginners) interested in the Austrian theory of money, credit, and banking, with special emphasis on the present financial and economic crisis. The complete program consists of four courses (20 lectures in 10 days each).
Completion of each of the four courses will earn one credit. Also eligible are, counting for ½ of one credit each, the two courses in Canberra, Australia and the two courses in Auckland, NZ. Participants who have accumulated four credits and written a thesis will earn a degree signed by Professor Fekete.
For further information and application please mail in advance of this seminar to Dr. Judith Szepesvari (szepesvari1717@gmail.com).
The four courses are:
Course I: Disorder and Coordination in Economics
Course II: Adam Smith’s Real Bill Doctrine
Course III: The Austrian Theory of Interest and Discount
Course IV: The Austrian Theory of Money, Credit, and Banking
Course I was given in Budapest in August, 2010 and is available on DVD
Course II was given in Szombathely in March 2011 and is available on DVD
Course III was given in Munich in August 2011 and is available on DVD
Registration Information:
The participation fee for Course IV is 1,100.00 Euro (incl. 19% German VAT)
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.
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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