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Government budget for 2014 for Slovakia? Welcome to 1984! That’s how a discussion about the 2014 government budget proposal could be summarised. Reality in stark contrast to official claims – that was the foundation of Orwell’s novel...
What did not succeed in Germany proved successful in Austria. For the first time a pure euro-skeptic party, founded by a billionaire, Frank Stronach, will enter into the Austrian parliament, with 5.8 percent of total votes. It seems that euro-skepticism...
The German election – actually the most important EU election – ended in Angela Merkel’s victory. On the other hand, the election ended in the defeat of a strong right-wing policy. It seems that Merkel is willing to create a big and strong...
The future of the present monetary system, or the future of money as we know it today, is a very hot topic, especially if we look at actions of the most important central banks all over the globe. Their present actions are consequences of the...
The Problem of Observing “Growth” Growth: The Holy Grail Why some countries grow while others stagnate is perhaps the most important question in all of economics. Part of the allure of this question comes from the continuing challenge...
This week Bratislava again had the honour of hosting and witnessing some of the world’s leading experts at the conference entitled The Future of Money 2.0 organised by the F. A. Hayek Foundation in Hotel Falkensteiner on Thursday, 26th September....
Will the crisis trigger anti-environmental agenda? Who knows, but Antonio Tajani, the European industry commissioner stated that “I am in favor of a green agenda, but we can’t be religious about this. We need a new energy policy....
The Euro crisis is definitely not solved. Greece’s unemployment rate in April 2013 was 26.9% compared to 23.1% in April 2012 and 26.8% in March 2013. The number of the employed amounted to 3,636,042 people. The number of the unemployed amounted...
It is good that the debate on the expropriation with concerns about a possible reduction in the protection of property has been revived once again. The same scenario took place a few years ago when the first Robert Fico’s administration tried...
Talking about politics with my friends never ceases to amaze me. Not necessarily because of the process of sharing different views, even though exchanging passionate arguments with people I disagree with has always been, shall we say, stimulating...
