Well-intentioned does not automatically mean well-executed. That would be the positive interpretation of the planned EU ban on rebates to stockbrokers. Fear devours stock culture! This might be the negative interpretation of the agreement in principle reached between the Council of the European Union and the European Parliament. Work is currently underway on the specific regulation.
Liberals are notoriously skeptical about the state’s ability to generate innovation. A new study on the potential of national innovation agencies puts these concerns into perspective – and makes the case for limited state activity. Liberalism’s success is not simply based on its philosophical persuasiveness but on its economic power. By inextricably interlinking political with economic freedom, liberalism paves the ground for a dynamic market economy that generates wealth and innovation.
The wave of inflation that evolved after the pandemic suggests that increasing the quantity of money does not necessarily lead to economic prosperity. Typically, as the prices of some goods rise, the prices of other goods fall. However, the euro area faced a rapid general price increase. This paper examines the factors behind this growth in prices.
We are pleased to present the nineteenth issue of 4liberty.eu Review, titled “Learning from the Past and Present: Impacts of the Russian War in Ukraine on CEE”. This time, our primary focus is on the response to the Russian aggression in the region, as well as various related phenomena and challenges.
Women in Poland are now more than ever at the heart of public attention. The closer we get to the election date, the more political declarations affecting women’s lives we hear. With numerous research studies proving that women’s participation in the upcoming parliamentary elections in Poland will be politically decisive, the number of offers from party leaders is rising on a daily basis.
As Poland’s parliamentary election approaches, a concerning trend has emerged. The far-right party, Konfederacja, with its current polling at 8-12%, is aggressively targeting the young electorate. While they champion economic liberal ideas like ‘economic freedom’ and ‘simple, low taxes,’ they conveniently sidestep the importance of ideological freedom.
Do you also feel that communication is somehow getting faster and easier for us before national election? Statuses, clickbait headlines, short Tik-Tok videos, captions on Instagram photos. If you do not condense the information into three words, do not even bother saying anything. Okay, maybe my age and nostalgia are writing this out of me and it has always been this way, just by analog means. But what I see, even without nostalgia, is the decline of electoral agendas.
Recently publicized case of a child who was not reimbursed by his health insurance company for a requested medicine illustrates the broken world of medicine. Lots of regulations and little market is supposed to protect patients, but it often works exactly the opposite. A three-year-old boy from Slovakia suffers from Dravet syndrome, a severe form of congenital epilepsy characterized by dozens of seizures each day.
In recent months, the topic of budget deficits has taken center stage in heated debates among economists and politicians, garnering significant attention in the media. In April, the caretaker government proposed a budget with a notable deficit of 6.1% of GDP for 2023. In June, Finance Minister Asen Vasilev proposed a new budget with a negative balance of 3%, which is right at the limit for fiscal stability as set in the Maastricht criteria of the European Commission.
The new government was elected already in June, but it remains to be seen how it will begin to solve the pressing problems caused by the lack of regular governance in the months before. The budget is one such priority, but let’s not forget what happened with the National Recovery and Resilience plan (NRRP). Let’s recall – the plan was adopted two years ago with a significant delay, which was the reason why Bulgaria failed to receive an advance payment for its implementation.
