editorial partner: Liberte! Friedrich Naumann Foundation

Liberalni Institute

ABOUT Liberalni Institute
The Liberální Institut is a non-governmental, non-partisan, non-profit think tank for the development, dissemination and application of classical liberal ideas and programs based on the principles of classical liberalism
AfD: A Warning from Germany
Politics
AfD: A Warning from Germany
Angela Merkel\'s party, CDU, came in first in the German national election. However, this is not a great victory because what\'s important here is that for the first time in post-World War 2 history, an extreme right-wing party, the Alternative for Germany (AfD), came in third in the national election, getting around 13% of the votes.
Spain at the Fork
Politics
Spain at the Fork
Spain is facing nowadays crucial issues for the national integrity. Approximately 40,000 people have taken to the streets in Barcelona after Guardia Civil has arrested 14 people in the offices of the Catalan government, some of whom are senior officials, like Josep Maria Jové, secretary general of economic affairs.
Medical Device Tax in the US: Too Costly to Bear
Society
Medical Device Tax in the US: Too Costly to Bear
In order to help fund the Affordable Care Act, passed in 2010, the medical device tax was implemented in the U.S. at the beginning of 2013. It is a 2.3% excise tax on medical equipment such as heart valves, manufactured hip joints, pacemakers, etc. The tax has received bipartisan criticism for its negative effect on the medical devices industry.
GDP As an Economic Indicator
Economy
GDP As an Economic Indicator
Gross domestic product is undoubtedly a useful indicator of how the economy is performing. It shows one aspect of the economy that can be used to interpret a general level of “health.” However, while GDP is comparable to a simple doctor’s check-up, it isn’t as in-depth as a yearly physical.