Dominik Stroukal

Director of Liberální institut, the first Czech (and Slovak) classically liberal think-tank. A lecturer at the CEVRO Institute University, University of Finance and Administration and an economics teacher in two high schools. A former President of the Czech and Slovak Ludwig von Mises Institute. He holds a Ph.D. in Economic Theories and MA in Economic Analysis at the University of Economics, and MA in Media Studies at Charles University, both in Prague, Czech Republic. He co-authored his first book about Bitcoin and other cryptocurrencies, Bitcoin: The Money of the Future (in Czech). He published papers about Czech labor markets where he works on the dynamics of unemployment.

Economy

A Small Burst of the Stock Bubble

BY Dominik Stroukal AND Liberalni Institute / February 26, 2018

Fear that people will not buy new flats because they will have higher interest rates. If the people do not invest more, the prices of these assets will stagnate or fall. Whoever buys in times of a loose monetary policy, wins. When screws begin to tighten, the winner is the one who sells first.

Economy

France: Protectionism with a Human Face

BY Dominik Stroukal AND Liberalni Institute / February 26, 2018

At the end of the day, efforts to protect domestic businesses are always paid by the consumers. Nothing is free, the same is true also for protectionism. It leads to higher prices and worse quality of services that protected businesses offer.

Economy

With Centrally Planned Money, Central Bankers Are Blind

BY Dominik Stroukal AND Liberalni Institute / November 19, 2017

In the Czech Republic, we have gone through four decades of central planning of prices of practically everything. And the result? Either the price has been set too high and surpluses have been accumulated, or too low, and the television in the evening informed the audience about shortages of underwear and toilet paper.

Not the <i>Right</i>, but the <i>Freedom</i> to Cross Borders

Society

Not the Right, but the Freedom to Cross Borders

BY Dominik Stroukal AND Liberalni Institute / November 17, 2017

The narrative of the whole debate is not about freedom, but about the right to travel. Probably not all people should have the right to live wherever they want, but everyone should have the freedom to try it. And, after all, data show that immigrants are beneficial to the economy.

Society

On Extreme Extremists in an Extremist Way

BY Dominik Stroukal AND Liberalni Institute / August 15, 2017

In social sciences, extremism is defined so vaguely that anybody can hide anything behind it. Anything can be outside the “mainstream”. However, if status quo is the mainstream, well – who is not an extremist then? Extremes simply do not meet, and to be an extreme defender of morality cannot be punishable.