Due to the financial crisis capitalism and market economy is not only under scrutiny. Moreover socialist ideas and state interventionism are staging a comeback. Now liberal thoughts are fettly criticised: do we find appropriate solutions for the present economic crises? Are we able to revitalise financial markets? And most important: how to avoid such a disaster again!?  

One of the origins of the crisis of financial markets is the state failure of the US, especially the governmental monetary policy. The key trigger was the political intended cheap money, which has been supplied by the Federal Reserve over years. An artificial boom on the real estate market and the market for consumer credits has been created by over production of money. Now this boom has been detected as a bubble resulting in a sharp collapse of financial, insurance, and real economy in the US. This also affects the rest of the world while the economy is globally intertwined.  

Thus it is time to examine the role of national central banks and question their monetary policies. The Liberal Institute invited wellknown and internationally renowned experts to find appropriate rules for international monetary reforms, and alternatives regarding current monetary systems.  

11.30 h Arrival of the participants  

12.00 h Welcoming remarks  

(Dr. Wolf-Dieter Zumpfort, Vice Chairman, Friedrich Naumann Foundation)  

12.10 h Free Banking and Monetary Control  

(Prof. Dr. George Selgin, West Virginia University)  

13.25 h Lunch  

14.00 h Rules for International Monetary Reform  

(Prof. Dr. Lawrence H. White, University of Missouri, St. Louis)  

15.15 Coffee break  

15.45 h Freedom and Sound Money  

(Prof. Dr. Thorsten Polleit, Frankfurt School of Finance & Management)  

17.00 h The Ethics of Money Production  

(Prof. Dr. Jörg Guido Hülsmann, University of Angers)  

18.15 h Closing remarks  

18.30 h Reception/Buffet  

Link to the programm in PDF  

Elaboration  

Prof. Dr. George Selgin, West Virginia University, Morgantown (USA); Prof. Dr. Lawrence H. White, University of Missouri, St. Louis (USA); Prof. Dr. Thorsten Polleit, Frankfurt School of Finance & Management (Deutschland); Prof. Dr. Jörg Guido Hülsmann, Université d'Angers (Frankreich).  

Kaminzimmer des Truman Hauses  

Friedrich-Naumann-Stiftung für die Freiheit  

Karl-Marx-Str. 2  

14482 Potsdam  

directly via the Friedrich-Naumann-Stiftung für die Freiheit.  

Link to the registration form PDF  

Or register via Email, Fax, Telefon at Ms Janett Engel  

Tel.: 03 31-70 19-2 10  

Fax: 03 31-70 19-2 16  

libinst@freiheit.org