“Nations, just like women, experience brief moments of intoxication. But those moments pass soon enough.”. Adam Michnik talks to Leszek Jażdżewski, editor-in-chief of Polish liberal quarterly magazine Liberté!, about how a brief moment of European weakness will affect Russia in the end and what can go wrong in the meantime.
Free Market Road Show 2015 has visited Bratislava, Slovakia on April 14, 2015. The event organized by INESS in cooperation with Austrian Economics Center was a part of the unique conference tour that visits 36 cities around Europe and Caucasus from April till May.
IES-Europe together with CEI, IME (Bulgaria), NES (Georgia) and the Friedrich Naumann Foundation for Freedom are organizing three Summer Seminars in 2015 – Bulgaria (July 12-18), Germany (July 19-25) and Georgia (July 21 – 26). Join us and get a better understanding of ideas that allow humans to flourish and prosper!
KSCM has no intention to transform itself into a modern leftist party. Its stance, supported by the extraordinary orthodox program, is close to pure Marxism and their proponents repeatedly tend to doubt the post-revolution development, deny the communist crimes and to praise the socialist era as something what should be followed
While creating the Energy Union, the EU should do its best to employ such mechanisms that would limit the regulatory power over the prices of sources and energy of individual states on the national level as much as possible. Such a solution applied to this specific market would – at least to some extent – secure a proper space for market principles and energy prices reflecting incomes of the citizens of a respective state.
The look back at 2014 will include mainly good news. While comparing to traditional benchmark – the average performance of the European Union – the Czech GDP growth rate was significantly higher than the growth rate of the EU. The Czech economy has had a faster growth than the EU in five quarters in a row.
The figures that chief executive officers (CEOs) read at their payrolls are medially very attractive information. Why? They are huge! People process the information in many ways – someone is rude, someone envies, someone is emulated… Anyway, the same question occurs: Why has CEOS’ pay increased so much?
The freedom of our Eastern neighbours seems to have fallen into the rabbit hole. Ukrainians will not catch it on their own. Only Alice holds the key to unlocking their civic rights, but Europe still refuses to man up and play this part. The Mad Hatter won’t stop being mad just because someone says him to do so.
Regardless of the necessity of the Iraq War, recalling troops with the job half done will only worsen an already bad situation. The people of the West will not tolerate yet another long-lasting war which will result in withdrawing the military earlier than necessary. On the other hand, swift and short military engagements will not yield in satisfactory results in the long term either.
We can find examples of negative interest rates in countries throughout history. But these are geographically or time-isolated cases. However, today we live in a world where more and more things are turning upside down. And one of such things is the fact that negative interest rates are shifting from a deviation to a norm (for the time being only within the financial system).
