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Archive for: public finances

The unexpected outcome of town and country planning.

The unexpected outcome of town and country planning.

Synthesis: The sudden rise in real estate prices in the United States of America (a real estate bubble) was one of the direct reasons of the outbreak of the global financial crisis. Nevertheless, contrary to common belief, this phenomenon was...

 

Investment subsidies – creation of new wealth or just redistribution of the existing?

Investment subsidies – creation of new wealth or just redistribution of the existing?

In 2012 investment subsidies totalling EUR 121 million were approved in Slovakia. Especially, the recent cases when the investor asked for state support not to create, but only to sustain existing jobs are well-known. However, this led the Government...

 

Economic heaven is richer by one star – James M. Buchanan

Economic heaven is richer by one star – James M. Buchanan

The advantage of the “Internet Age” is that we get information from all over the world almost immediately. Sometimes it‘s good, sometimes the news is not so positive. That’s exactly what happened last week. On Wednesday,...

 

The Three Kings preached peace to banks

The Three Kings preached peace to banks

The first step on a path to banking union. ESM sent the first money. Greeks went again into selective default. French say goodbye to the obese reactionary. Does our title seem to you shifted in time? Truly, the European Three Kings, or rather...

 

Conference Cutting Deficits

Conference Cutting Deficits

On October 9, 2012 INESS with support of the Friedrich Naumann Foundation for Freedom and the National Union of Employers organized international conference under the title Cutting Deficits, which was a continuation of INESS’ annual traditional...

 

Fiscal rules – what is effective?

Fiscal rules – what is effective?

Synthesis of the analysis “Fiscal rules – what is effective?”: Current fiscal crisis in the EU is, among others, a result of expansionary fiscal policy conducted in previous periods and especially during economic booms. Large...

 
 
 
 

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