Founded by Prince Michael of Liechtenstein

12th International Vernon Smith Prize

ECAEF – the European Center of Austrian Economics Foundation, located in Vaduz, Principality of Liechtenstein, is calling for papers for the 12th International Vernon Smith Prize for the advancement of Austrian Economics.Young thinkers no older than 30 from all over the world can participate in this essay competition. This year’s topic is: 

When the People fear their Government, there is Tyranny. When the Government fears the People, there is Liberty.

Entries must be received on or before November 18, 2019. An international jury will judge the essays and the winners will be invited to present their papers at a special event in Vaduz on February 13, 2020.

17 May 2019