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Institute for Study of Morals (Institut fur Wertewirtschaft)

Institute for Study of Morals (Institut fur Wertewirtschaft)
 The Institut für Wertewirtschaft (“Institute for value-based economics”) is a school in the traditional sense: “School” is derived from scholé â€“ the Greek word for “muse”. It is a place where one muses and tries to get to the bottom of things, in the tradition of free research and teaching, and with a guild of independent scholars that are united in their love for truth (philosophía). The institute was founded in 2007 in Vienna by a group of critical minds coming from diverse areas of research, and focuses its work on the whole German-speaking world. It is one of the few entirely independent research institutes. We seek to analyze the contemporary crisis and seek out answers to the fundamental questions of our time. Thereby we try to avoid utopias, fashion trends, ideologies and any one-sided downplaying of problems, and prefer to take a sober but positive and sensible approach to problems. We are specialized in practical philosophy in the traditional sense, which encompasses the fields of economics, ethics, and politics. In economics we espouse the Austrian, or as we call it, the Viennese School of economics. The institute publishes a number of books, booklets, and articles, holds public events, and offers a number of public and university seminars and courses.


The institute has published books on a range of topics including environmental economics, economics and ethics, the recent financial and economic crisis, business ethics, central banking, and the Austrian School of economics. The institute has also published over forty monographs on issues in economics and philosophy. The institute also publishes the Scholien (side notes) every two months, a subscription-based series of booklets on philosophical and economic issues. The institute’s faculty also regularly writes articles for various German-language newspapers and magazines.


The institute organizes a number of public events, seminars and courses at the institute and at various universities.The institute organizes a monthly public event in the form of a philosophical café, where important topics are subjected to philosophical analysis. The institute organizes seminars spanning over several days and semester-long courses that cover various topics in economics, philosophy, business, entrepreneurship, and finance. The institute also organizes university courses in cooperation with universities in Austria, Liechtenstein, Switzerland, and Germany. The institute’s faculty is also frequently invited to give talks; our scholars have given talks at over 50 organizations and events in over eight countries.

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Institute for Study of Morals (Institut fur Wertewirtschaft)