“New Economics”?

The Summer University of the New Economics of Aix-en-Provence is anchored in a long classical liberal tradition.

The Summer University of the New Economics of Aix-en-Provence is anchored in a long classical liberal tradition.

For 33 years, the Summer university of the New Economics has been the rendez-vous of liberal intellectuals from all over the world.

“New Economics” was the name given by a handful of Professors of economics in the late 70s to their approach of social phenomena. It is in no way related to new classical macroeconomics or new Keynesian economics. They chose that name in order to stress their opposition to what was then the dominant approach: the centralized, macroeconomic regulation of the economy.

But they did not stop at criticizing the ongoing governmental policies; the goal of their meetings was also to share their efforts to reach a better understanding of those phenomena and consequently to suggest the appropriate reforms.

During our previous summer meetings we often noticed that the laymen, as well as legislators and even sometime economists, hold a wrong understanding of the market and of competition. Hence we felt the need to explain to a larger audience the true working of the market: the market is a competitive entrepreneurial discovery process. But assuming competition is welcomed in the market field; does that mean that competition should prevail as well in the field of institutions?

Unable to attend the Summer University of the New Economics but you would like to contribute to IES Scholarship Program to support student attendance? All donations are warmly welcomed, and for every €100 received we can greet an additional student.






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Registration deadline:
June 10, 2014
2013 Edition