Let’s Not Be Intimidated by Private Schools but Take Them as Opportunity
In Slovakia, we need more alternatives, more private schools to help all children. Especially in a situation where we have 2.6% of children attending private primary schools.
Competition Is Like Adidas Stripes, More Is Not Always Better
The European Commission is preparing a new regulation of internet companies called the Digital Markets Act (DMA). It is supposed to require or prohibit a number of activities from platforms, all under the slogan: “more fair, competitive and innovative business on the internet”.
Will Efficiency Be Curse in EU?
Amazon is not only a large retailer, but also the creator of the digital marketplace. And on that marketplace, it allows other sellers to sell for a fee. And it also allows those who are interested to do something extra.
DMA Amendments: Targeted Online Advertising [PUBLICATION]
Last year, the European Commission came up with proposals to regulate digital services in the form of the Digital Markets Act, which has the potential to significantly change the way the internet works in the EU. We have, therefore, covered this topic more extensively and in more depth in two analyses.
Those Who Want Four-Day Workweek Believe in Santa Claus
The media have experienced a recurring tide of reports about the four-day working week. The topic plays on the right strings – most people are employees and work five days a week.
Minimum Wage, Maximum Tragedy
If we want to start talking about next year’s minimum wage increase, we first need to look to the past. As we all know, 2020 was the year of the pandemic, and that brought with it, among other things, a significant downturn in the economy, and with it a fall in labor productivity. The private sector responded logically by reducing the growth in average wages. But not all businesses had this option.
Economic Analysis of Digital Markets Act
The European Commission has presented a proposal for The Digital Markets Act (DMA). Its goal is to create fair and competitive digital markets in the EU. It aims to achieve this by introducing new ex ante regulations that will automatically apply to so-called “gatekeepers”. The gatekeepers are to be large internet platforms that meet selected size criteria.
Adult Education in Slovakia Has Not Grown Up Yet
In Slovakia, we have a long-term problem with adult education. On average, only 4.5% of adults are involved in the lifelong learning process, while the OECD average is around 11%. How to solve this problem?
Paying for Results, Not Expenses
Large oil field, steel production capacity, or number of tractors produced do not make the company rich. The company grows rich thanks to skilled people in the right place, their excellent skills and ability to adapt to change. As Julian Simon used to say, the ultimate source of wealth is man.
Dealing with the Gross Problem of the “Semi-Gross Wage”
When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
