Unified tax rules can hardly contribute to trade liberalisation. A diversity of tax systems is not a roadblock for free trade. Quite the opposite, differences in tax systems might serve as a stimulus to trade. Taxes constitute a significant share of costs and a large share of the price of factors of production, labour in particular.
It is estimated that even though the sharing-economy now contributes only EUR 28 billion to the EU economy per year it can grow to up to EUR 572 billion per year. In order to use as much potential as possible, both the EU and its Member States have to implement a regulatory model that is flexible and applicable to different business models.
New York, November 11, 2016 – the Lithuanian Free Market Institute’s textbook Economics in 31 Hours receives a prestigious $100,000 Templeton Freedom Award for giving the young generation of Lithuania a chance to learn how property rights, free exchange, profit and competition shape decisions and actions in our everyday lives.
The 7th annual Seminar on Austrian Economics organized by INESS took place on October 13-16, 2016, in Mojmírovce, Slovakia. In the span of these four days, the participants had a chance to attend several insightful lectures, to discuss various topics with renowned experts from different fields, and to make new friends.
The Lithuanian Free Market Institute has released the sixth edition of the Lithuanian Municipal Performance Index (MPI). This year the capital city of Vilnius has firmly maintained the top ranking, followed by Klaipėda, Šiauliai and Kaunas city municipalities. The Kaunas District Municipality has outperformed other 53 regional administrations.
Recently, a number of Facebook accounts of the Polish right wing have been banned from the portal. This, obviously, generated a wave of discontent among the group. I, however, wonder why should we expect a U.S. corporation established with private funds and focused on generating profit to realize some kind of “mission”?
Compared to the rest of the civil organizations set out to defend human rights, Pride is less insistent on isolating itself from party politicians: politicians of left-wing and liberal parties typically attend the annual march with high-profile representation.
With laughter through tears it can be said that so-called mailbox companies have a paradise here in Slovakia. But when companies are to have mailboxes, it’s considered a problem. This issue has a history several years long, which culminates now and has three levels.
Let us remind you that many posts at the state-owned enterprises require an access to classified information. This means that in order to be able to work there one must acquire the so-called “confirmation of security” issued by Internal Security Agency (ABW) or – in the case of military institutions – Military Counterintelligence Service (SKW).