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.

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.)


PCPE 2015

The first keynote address - Friedrich von Wieser Memorial Lecture -  will be given by William White, the chairman of the Economic Development and Review Committee (EDRC) at the OECD in Paris and former member of the Executive Committee which manages the Bank for International Settlements.  Mr. White is known for his critical views of the mainstream approaches to understanding financial crisis and contemporary monetary policies.

The second keynote address - Franc Cuhel Memorial Lecture - will be given by Michael Wohlgemuth, an economist and Director of Open Europe Berlin and  Professor of Political Economy at the University of Witten/Herdecke. Wohlgemuth has been Professor of International Governance at the University in Bayreuth, Managing Research Associate at the Walter Eucken Institut (Freiburg), Research Fellow at the Max-Planck-Institute for Economics in Jena, Affiliate Assistant Professor at George Mason University and New York University and “Friedrich August von Hayek-Professor” at the University of Innsbruck. Main Research areas and publications in the fields of New Institutional Economics, Austrian Economics, Public Choice Theory, and the History of Ideas. Policy recommendations mainly in the field of European integration.