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Rent-seeking occurs inevitably in every society, however, some societies suffer from it more and some others less. In this article, I would like to discuss the reasons why rent-seeking may happen in the first place. Secondly, how people should...
It seems that currency wars are heating up. The US dollar has been depreciated by FED activities and Japan confirmed depreciation of yen last week. Now Swiss Finance Minister Eveline Widmer-Schlumpf told reporters that Swiss franc is too strong...
One of the major barriers which prevent the labour market from demanding more workforce (thus lowering the unemployment) is the high level of compulsory social contributions. This is the case especially in Slovakia where both the employer and...
Marshall is coming back to Europe, where British argue with French about banking rules and Greeks want to place mines on the borders. Even though a new wave of recession is flooding Europe, rating agencies turned gentlemen and raised a couple...
Europe promised even more money which it doesn’t have, Spain promises painful cuts, Slovakia higher taxes. Euro Bill keeps increasing, we will pray for its rescue and just 11-year-old Dutch children want to expropriate Greeks. We will start...
Polish government began public consultation on the rise of the state pension age in February. It provoked a national debate about how long the Polish will work. There are numerous arguments for and against the reform. Some of them are just and...
