PCPE—Prague Conference on Political Economy


April 22-24, 2016

Friedrich von Wieser Memorial Lecture

Mark Pennington, professor of Public Policy and Political Economy & Director of the MA Political Economy Programme at King's College London. Mark's research interests lie at the intersection of politics, philosophy and economics with an emphasis on the implications of bounded rationality and imperfect knowledge for institutional design. He has a particular interest in the works of Hayek, public choice theory and related elements of the classical liberal tradition. His latest book is called Robust Political Economy: Classical Liberalism and the Future of Public Policy, Cheltenham: Edward Elgar (2011)


 Franc Cuhel Memorial Lecture

Benjamin Powell, the Director of the Free Market Institute at Texas Tech University and a Professor of Economics in the Rawls College of Business. He is the North American Editor of the Review of Austrian Economics, past President of the Association of Private Enterprise Education, and a senior fellow with the Independent Institute. Professor Powell is the author of Out of Poverty: Sweatshops in the Global Economy (Cambridge University Press: 2014), editor of The Economics of Immigration: Market-Based Approaches, Social Science, and Public Policy (Oxford: 2015), Making Poor Nations Rich: Entrepreneurship and the Process of Development (Stanford University Press: 2008) and co-editor of Housing America: Building Out of a Crisis (Transaction: 2009). His primary fields of research are economic development, Austrian economics, and public choice.

Plenary Session on New Paternalism

Mario J. Rizzo,  professor of economics at New York University, Director of the Program on the Foundations of the Market Economy, and co-director of the Classical Liberal Institute at the NYU Law School. He received his Ph.D. from the University of Chicago but learned Austrian economics both before and after this training. Professor Rizzo's major fields of research has been law-and economics, ethics-and economics, and most recently behavioral economics and paternalism. He is the co-author of Austrian Economics Re-Examined: The Economics of Time and Ignorance published this year by Routledge. This is an expanded version of The Economics of Time and Ignorance. He is the author of many law-review and other scholarly articles. He is also the co-editor with Lawrence White of a Routledge book series called "Foundations of the Markets Economy." There are now 34 books in this series. He is currently completing a book for Cambridge University Press on rationality, behavioral economics and new paternalism.


We are inviting you to participate in the 12th annual  Prague Conference on Political Economy (PCPE). PCPE is an international and interdisciplinary gathering of scholars and supporters (not only) of the Austrian School of Economics and political economy of freedom. During two days of the conference (Friday afternoon and Satuday), participants will have an opportunity to participate in lectures and debates focusing on economics, political science, history, philosophy and other humanities, and to discuss these issues with leading theorists in the field, both from Europe and overseas. We expect more than 100 people attending annual lectures and over 30 scholars presenting their papers. 

PCPE 2016 is organized my CEVRO Institute [school of legal and social studies] in partnership with Liberalni InstitutMises Institut CZ&SK,  The Faculty of Social and Economic Studies, J. E. Purkyne University,  European Students for Liberty and the media partner Parlamentni listy.

This conference is an attempt to resurrect the tradition of Austrian economics- and liberty-oriented thinking that thrived in central Europe at the beginning of the 20th century, but sadly disappeared thereafter. By establishing an annual forum for scholars and students to meet and exchange ideas we hope to build a solid institutional basis for the advancement of liberty-oriented research programs.

The Conference takes place in the quaint and newly reconstructed building of the CEVRO Institute [school of legal and social studies] in the heart of Prague, the capital of Czech Republic.

As the president of the conference, I believe that the conference will keep up the good spirit of previous years. We will do our best to succeed in making the 2016 conference at least as stimulating and useful as the past ones. We also believe that your participation will make the conference an even greater success.

We hope you will join us!

prof. Josef Sima, Ph.D.president of the CEVRO Institute (josef.sima@vsci.cz)


Send abstracts of your papers to josef.sima@vsci.cz. Upon acceptance, you will be instructed to pay the conference fee. (A list of preliminary sessions  and general  schedule available here.)

Pre-conference events on Thursday and Friday at the CEVRO Institute:

  • Meeting of Libertarians, April 21, 6:00pm - 23:00pm  (a semi-annual meeting of free-marketeers; we are expecting some 100+ participants who will talk libertarianism over beer. PCPE speakers will be around.). 
  • Austrian Economics Meeting Europe, April 21-22 (details about AEME on their website)