Hayek Institute

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Hayek Institute
founded in the year 1993
City Vienna
Country Austria
Website http://www.hayek-institut.at
Legal form Verein[1]
address Grünangergasse 1,1010 Vienna, Austria
number of employees 15
Networks New Direction Foundation
Virtual Networks A "Virtual Network" is a group of Think Tanks identified by certain semantic and normative (ideological) commonalities (e.g. climate change scepticism). Such a virtual network constitutes a research field that differs from the study of formal networks. Formal networks are real in the sense of officially acknowledged and immediately open to empirical validation. Virtual networks on the other hand display shared ideas. Social network analysis tools can be applied to find out if or to what extent virtual networks are real networks that display linkages (membership in networks, personnel, resources etc.). Unconnected think tanks in turn can be considered special cases in need of explanation independent from network structures (unless we have to assume invisible, hidden or covered ties). Think Tanks in Austria (case study), Austerity politics
Last revision 4.05.2015
Presence of Think Tank affiliates in the various fieldsWe try to capture where people affiliated with a Think Tank - affiliates are employees, members of the advisory and supervisory board etc. - are present: if they write in the media, teach in universities or work for another Think Tank. The chart down below shows in which fields the affiliates are present. Every presence is counted once.
People n = 48
Presences n = 292
<pPie size=330x200 Legend>

Think Tank,22 Business,60 Media,43 Politics,45 Academia,114 NGO,8 </pPie>

Kind of activities of Think Tank affiliatesWe try to capture where people affiliated with a Think Tank - affiliates are employees, members of the advisory and supervisory board etc. - are present: if they write in the media, teach in universities or work for another Think Tank. The chart down below shows which kind of activities the affiliates conduct. Every presence is counted once.
<pPie size=330x200 Legend>

Author,31 Leader (CEO etc.),61 Consultant,17 Editor,31 Interviewee,21 Member,34 Participant,2 Lecturer,7 Employee,88 </pPie>

The following coordinate was not recognized: 48.2078009;16.3758537.The following coordinate was not recognized: 48.2078009;16.3758537. The Institute was named after the Austrian economic scientist Friedrich August von Hayek (1899-1992). The Hayek Institute promotes an economic orientation, called Austrian School. It is privately run and was designed according to the example of the Hoover Institution. Apart from the headquater in Vienna, the institute maintains a branch in Standford (USA).

Organizational Structure and Funding

The supervisory board of the Hayek Institute is composed of 15 members. The advisory board has 11 members. The Hayek Institute was once member of the Stockholm Network.


Grünangergasse 1,1010 Vienna, Austria


Executive board

People leading the Think Tank in the day to day business (CEOs, directorates etc.).


People working for the Think Tank (Fellows etc.). This includes also part-time employees.

Advisory board

People advising the Think Tank (mainly in scientific questions)

Supervisory board

People supervising the Think Tank (mainly in economic questions).

  • Ed Feulner (formerly), Member of the board of directors

All staff members mentioned here have been visiting Professors of the Hayek Institute (since 2003). According to the Hayek Institute those Professors are financed by the Austrian science ministry and the Hayek Institute[2]

Working mode, goals

The Hayek Institute seeks to disseminate ideas of its namesake as well as of represenatives of the Austrian School in German-speaking countries. The Institute publishes studies, opinion pieces, articles and announcements. Conferences and events like policy circles and panel discussions are organized. In the years 2008-2010 195 news entries have been made on the website, 30 books and two booklets have been published. The think tank cooperates intensively with scientists and pracitioners with a business background.

Cooperations with Think Tanks

Think Tanks that claim to cooperate with the Hayek Institute

While the section above shows Think Tanks the Hayek Institute claims to cooperate with, the list below shows Think Tanks that claim to cooperate with the Hayek Institute.

Cooperations with Non-Think Tanks


We used the DGs of the EU to generate a basic list of topics. This list is going to be steadily extended. However we try to preserve a persistent list of topics.

  • Financial Programming and the Budget
  • Economy
  • Taxation and Customs Union, Audit and Anti-Fraud
  • Institutional Reform/Public Services
  • Environment/Climate Action

Semantic Fields

What we call here a semantic field is the idea to categorize think tanks in a two level system. The first levels are so called 'Virtual Networks' and the second are the semantic fields. Accordingly every semantic field entered here has to be attached to a virtual network. If you would like to follow a special phenomenon among think tanks please contact us and we are going to add a new virtual network. Semantic fields are topics that promote a virtual network. Lets take climate change as an example: 'climate change skeptics' is the virtual network and 'adaption instead of mitigation' would be one possible semantic field.


This section is used to note presumptions that need further investigation, as well as things that don't fit into other sections.

The Hayek Institute publishes the "International Library of Austrian Economics".


  1. The Institute is registered as 'Verein' in Austria. This is a legal form only allowed to none profits. Contributions to the Hayek Institute are tax deductible.
  2. http://www.hayek-institut.at/index.php?popup=0&id=18