The gold standard and the concept of sound money
Invitation to a lecture on “Austrian Economics”
“The gold standard and the concept of sound money”
Speaker: Alasdair Macleod, MacleodFinance
Organized by The Ludwig von Mises Institute Europe
Date: October 2, 2024
Time: 6.00-8.00 pm
Venue: Holland House Rue d’ Arlon 20, Brussels, 1st floor
Registration before September 30, 2024
Send an email to assistant@vonmisesinstitute-europe.org.
Entrance fee: 40€ per person on banking account: BE09 363001621657.
Members LVMI Europe: 25€ Recurring participants: 25€
About the Speaker:
Alasdair first became a stockbroker in 1970, dealing and advising institutional clients both in the UK and abroad in a range of asset classes, ranging from government bonds to mining equities. During his long career in the City of London and offshore in the Channel Islands, he has also managed mutual funds, fund administration businesses, and acted as a consultant to a range of regulated businesses in the finance sector. He served as an executive director of a bank with responsibility for all investment and investment administration. Throughout his career he has taken a keen interest in economics, learning at the outset that mainstream economic theory bore little relation to reality. He now devotes his time as an educator, helping people understand current economic opportunities and dangers, so that they can best protect their assets.
Explanation of the topic:
The Austrian school of economics has a distinctive approach to explaining how the government works. Instead of treating it as a black box, or as some incontestable “given”, the Austrian school treats the government as a collective of acting individuals, who pursue goals and are influenced by incentives.
The vision of the Austrian School, especially of Ludwig von Mises, on the role of Gold as a means to create a stable monetary market is not as much known as it should be. It could be an answer, though, to solve the credit crisis that exists nowadays. In this concept the possibility of a gold standard will be searched with an emphasis on the explanation of the interest rate theory, the impact fiduciary money has on the credit cycle and inflation, the dangers of government policy to predict human behavior and to intervene (central banks) and the probable consequences on the monetary system. The focus will be on:
-A new banking system, based on the gold standard and
-On free banking without fractional banking
-A discussion on the politics of the Euro zone concerning cryptocurrencies.
-Tobin taxes are not the right answer, simply because it will reduce long-term GDP
in Europe between 0.5% to 1.8%.
These topics are of high importance and should be discussed.
Schedule:
6.00 pm Welcome and introduction by the president of LVMI Europe
6.05 pm lecture by Mr. Alasdair Macleod
6.55 pm Q & A
7.15 pm Reception
Registration & Further Information
Entrance fee: 40€ per person on banking account: BE09 363001621657.
Members LVMI Europe: 25€, Recurring participants: 25€
Payment on entry is no longer possible. Guests are always welcome.
Paying via PayPal is possible and an invoice for your company can be provided for.
To register, please send us your name and affiliation via e-mail before September 30, 2024 to: assistant@vonmisesinstitute-europe.org. The institute is looking forward to welcoming you!
Organizer: Ludwig von Mises Institute -Europe
The Ludwig von Mises Institute-Europe was officially established on 12th October 2002 as a non-partisan think- tank fostering an open and free society. Since its foundation in 2002, the Ludwig von Mises Institute-Europe has successfully organized a variety of conferences, symposia, discussions, targeted dinner debates and lunch debates, discussing topics like: The growing role of the EU; Knowledge & Innovation; Transatlantic Relations; Tax Competition; Better Regulation; and Islam and the EU, FTT, Banking Union, Banking and Monetary Policy. Cybersecurity and Cyber Defence LVMI Europe has several important publications to its credit, like: “Hayek revisited”2002, “Better Regulation” 2010 “Banking and monetary policy from the perspective of Austrian economics”2018, “The Austrian School of Economics in the 21st Century” 2023
