Austria announced the introduction of one-semester orientation courses for newly arrived children and teenagers, many of whom have never attended school.

Six hundred years before Carl Menger wrote his Principles, Thomas Aquinas was writing about the role of subjective valuation ...

International organizations like the EU and UN are creations of states and serve the states‘ elites. We can‘t “improve” them ...

The middle value of all realized prices for an artist's works sold at auction during a given period, providing a clearer representation of typical market values by minimizing the influence of extreme ...

Mobile phones are to be banned at Austrian schools, Education Minister Christoph Wiederkehr said on Monday. While schools have in the past made their own rules concerning phones, the new national ...

Around 700 young people opened the Elmayer-Kränzchen this year, a Traditional Ball of the Elmayer Dance School in Vienna, ...

In Austria, a growing number of Muslim students are fasting during Ramadan, but this is causing difficulties for them at ...

These two radically different schools of thought are still alive and well today. Here's a little more about each philosophy, and the main differences between Keynesian and Austrian economics ...