Celebrating Freedom: His Excellency Vaclav Klaus, President by Vaclav Klaus (speech)

By Vaclav Klaus (speech)

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Extra resources for Celebrating Freedom: His Excellency Vaclav Klaus, President of the Czech Republic, Speaks to Canadians and Americans in November 2004

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Celebrating Freedom economics (Samuelson), existentialism and personalism in philosophy, beatnik literature and lifestyle (Jack Kerouac’s On the Road), jazz, and absurdist drama. The second step was anti-Marxism and anti-socialism. That was the moment of discovering Mises and Hayek, Friedman and Stigler. KM: As you tried to relay some of their teachings to others in what was then the hostile political environment of Communist Czechoslovakia, were you ever in any physical danger, or in danger of being jailed?

The Austrian school of economics is one of my “models,” one of my visions, conceptual frameworks, instructions. It gives me a compass, it gives me a firm basis for my activity. Reality is different from theory, but I insist that there is nothing more practical than good theory. It is the maxim I always follow. It says, of course, nothing about my everyday frustrations about what is happening around me in the real world. But theory gives you a consistency in your views and stances and it is a tremendous help.

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