Page 6 - 2025 Annual Report

AERC

Austrian Economics
Research Conference

The Austrian Economics Research Conference
is the international, interdisciplinary meeting of KENNETH GARSCHINA UNDERGRADUATE
the Austrian School, bringing together leading STUDENT ESSAY CONTEST ON HENRY
scholars to present the latest research in this vibrant HAZLITT’S ECONOMICS IN ONE LESSON
intellectual tradition. Each year, the Mises Institute
hosts the conference, directed by Academic Vice First place: “The Relevance of Hazlitt’s Economics
President Dr. Joseph Salerno. In 2025, 108 faculty, in One Lesson for Current Economic Discourse”
observers, and students attended the memorial Robert Jexenflicker (Vienna University of Business
lectures, scholarly research presentations, and panels and Economics)
addressing a wide range of topics.
Second place: “Something is Rotten in the
(Welfare) State of Denmark”
LUDWIG VON MISES MEMORIAL Ludovico Lumicisi (Danmarks Tekniske Universitet)
LECTURE
“Considerations and Reflections of Third place: “Free-Market Reforms in Argentina
a Veteran Reactionary Libertarian” and Chile”
Hans-Hermann Hoppe Javier Vergara Ríos (Colegio Curimón)
SPONSORED BY YOUSIF ALMOAYYED
MURRAY N. ROTHBARD MEMORIAL KENNETH GARSCHINA GRADUATE
LECTURE STUDENT ESSAY CONTEST
“How Executive Power Can Dismantle the
Deep State” First place: “Entrepreneurial Function Taxonomy”
Patrick Newman Juan David Bohórquez (Universidad de los
SPONSORED BY STEVEN AND
CASSANDRA TORELLO Andes) and Alonso Morales Sánchez Mejorada
(Universidad Autónoma de Yucatán, Mérida)
HENRY HAZLITT
MEMORIAL LECTURE Second place: “Implications of the Post-2008
“Keynes: IS-LM, Socialism, and Modern Federal Reserve Policy Regime for Austrian
Macroeconomics” Macroeconomics”
Edward Fuller
SPONSORED BY SHONE SADLER Zachary Wood (Grove City College)
Third place: “The Development and Application of
F. A. HAYEK
MEMORIAL LECTURE the Disutility of Labor in Marginalist Theory”
“From COVID Lockdowns to Exchange Jonathan Yen (Montana State University), Ryan
Rates, Capital Theory, and Monetary Policy” Turnipseed (Oklahoma State University), and Guriy
Steve H. Hanke Borodkin (Loyola University New Orleans)
SPONSORED BY JERRY DOWELL

LSC The Libertarian Scholars Conference has a long tradition as the preeminent

interdisciplinary meeting of scholars advancing libertarian thought. These conferences
date back to the 1970s, but in recent years, the Mises Institute relaunched the LSC
to fulfill Murray Rothbard’s vision for a “discipline of liberty” that would continue to
Libertarian produce radical libertarian scholarship.
Scholars The 2025 Ralph Raico Memorial Lecture was delivered by Roberta Adelaide Modugno

Conference and sponsored by Randolph Love. The conference included 23 scholars from around
the world who presented papers on libertarian political theory, property rights, and
justice.

6 | 2025 ANNUAL REPORT