On May 13rd, Shalom Institute had a seminar in Madrid, Spain. The seminar had two sections. This activity was cooperated by the TBI Translation Madrid Office and local friends.
Section A: “Study on Chapter 5 of Man, Economy and State ”. Elias Huber, who is from Germany and is the PhD candidate of King Juan Carlos University, hosted this section.
Section B “The Phenomenon of Hoarding still Matches Austrian Business Cycle Theory". William Hongsong Wang, who is from Shanghai and is the PhD candidate of Complutense University of Madrid, hosted this section.
向榮政治經濟研究院 
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