Puppet Parliament
We are used to the fact that our parliament is not an autonomous source of legislative power, but merely a puppet in the hands of the government.
We are used to the fact that our parliament is not an autonomous source of legislative power, but merely a puppet in the hands of the government.
One of the results of privatization was a noticeable increase in the quality of the services and a more effective allocation of the costs.
F.A. Hayek Foundation from Bratislava is presenting two films from the conference: “Future of Money”.
Government budget for 2014? Welcome to 1984! That’s how a discussion about the 2014 government budget proposal could be summarised.
Spain had its public debt at the level of 68.5% of GDP in 2011, and then at 85.9% in 2012, and now Prime Minister Mariano Rajoy believes that this year Spain will end with the debt of 94.2% of GDP. Spain is definitely a big problem for the EU.
It seems that Merkel is willing to create a big and strong coalition with German socialists and, as it is in politics, it means a lot of compromises in the field of economy, austerity measures and social policy.
Unfortunately, most governments are not using structural solutions; they are using cyclical solutions, such as greater monetary easing.
In truth, the middle income trap is just another exposition of how government policy can bring an economy to ruin.
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.
I am in favor of a green agenda, but we can’t be religious about this. We need a new energy policy.