F.A. Hayek Foundation

The new conflict with the Russian regime, which is reviving its Soviet ambitions, has unified Europe and reminded the countries in the V4 region to realign its interest as well as economic solutions away from the East (Russia and China), and back to the Western Europe and the U.S. spheres of influence.

The second package to reduce the administrative burden on business in Slovakia has recently been approved. The first one was approved by the Parliament back in July 2020. It contained 115 measures. Back then, Ministry of Economy invited the public to send in further suggestions.

Keeping you updated on the stances of CEE governments on the Russian invasion in Ukraine.

Since the 18th century until today, in most developed countries, the government creates educational policies. How do classical liberals imagine the functioning of education within the society?

Who wouldn\'t want to be rich and who wouldn\'t want us all to be rich equally? These are the old, well-known demands of left-wing political parties. It\'s like a marvelous music for many ears. However, the forced realization of wellbeing and equality never turn out well. Why?

The tax system should not be used to implement social policy objectives. The tax system should be purely a mechanism that collects from citizens and companies, in the least distortionary way, the least amount of money necessary for the functioning of the state, the financing of its obligations and its policies.

Gold-plating is a term used to characterize the process whereby the powers of an EU directive are extended when being transposed into the national laws of a member state. The Slovak republic is not an exception.

The economy has not yet recovered from the corona-crisis and is already threatened by another serious danger: green-flation. Based on the sound similarity of two words, inflation-greenflation, this new English phrase has only recently emerged.

The law should protect us from the will of the rulers, arbitrary decisions of the elected or non-elected politicians, any of us acting in an anti-social way, as well as any wrongdoing. Classical liberals are simply striving for a lawful society.

The 20th century could be referred to as the century of inflation. Monstrous inflation took place in many countries, such as hyperinflation in Germany in the 1920s, in Hungary after World War II, or in Zimbabwe and Venezuela in the recent past.