Articles

The Czech government banned manufacturers to sell respirators and masks to anyone but the legal entities established by the state. Public hospitals are NOT legal entities established by the state in the Czech Republic. Ouch.

Quarantine increases people\'s desire to study and learn. On March 25th the third national economics exam, organized by the Lithuanian Free Market Institute, attracted a record number of participants (10,963). The motto of this year’s exam was “There is a human being being every number.”

Oman started 2020 off on the right foot when it comes to economic freedom. A new Foreign Capital Investment Law (FCIL) came into force to visibly lower barriers to foreign investment in the Sultanate. The crucial change is that 100% foreign ownership is now possible in Oman.

F.A. Hayek was awarded the Nobel Prize in Economics in 1974. He contributed, among other things, to the theory of prices, business cycle, and money, for which he won the prize. However, several critics call him a \"non-economist\" or a \"repeater\" of L. von Mises\'s theories. He has long been in dispute with J. M. Keynes.

Lithuania improves its ranking from the 21st to 16th in the Heritage Foundation’s 2020 Index of Economic Freedom. The country has regained its position from 2016 after four years of backsliding, the index shows.

F. A. Hayek belonged to the so-called Austrian School of Economics. This school can be understood as a school of economic thought or a branch of libertarian ideology inspired by Austrian economists. Here is some recommended reading for further exploration

Coronavirus in Poland still bears the hallmarks of novelty, curiosity, or even a kind of ludic or fun phenomenon. At the same time, in other countries these reactions have already been replaced by completely different emotions.

Coronavirus has become water for the mill of all those who would like a strong central, authoritarian-like government. On the Polish radio, I have already heard the cries of admiration for the Chinese system, which apparently would be more effective than the European Union is.

The epidemic of good advice, tips, challenges, and recommendations for the new Slovak government is much stronger than the viral one. There are many things to fix, to improve, and especially – to save.

According to new Corruption Perceptions Index (CPI) 2019 published by Transparency International, Ukraine scored 30 points out of 100. This means that Ukraine has gone back to the level from 2017 and now ranks 126th out of 180 countries, alongside Kyrgyzstan, Azerbaijan, and Djibouti.