INESS has been organizing the Free Market Road Show, an international conference, for a number of years. The event found its way to Bratislava in 2018 again and brought topics stirring the public at home and abroad.
This readiness for liberty and tolerance transgresses borders, languages, classes, and wealth. It enabled people to help each other, to live more peacefully, and to get richer. The evolution of the gentleman is the evolution of classical liberalism and freedom.
Because of the binding constraints of European treaties and EU law, there are few remaining lines of attack against the Bank of Slovenia’s independence. This article places these developments within the normative and positive contexts of free markets.
Georgia became an independent nation in 1991 after 190 years of, first, annexation by Russia and then forceful incorporation in the Soviet Union. After the Soviet Union collapsed, Georgia experienced the most dramatic peacetime economic decline in human history – a 75% drop in GDP. The country needed to restart its economy, and quickly.
The fact that an abundant welfare system and a loosely regulated market are operated by the same government does not give proof to their harmonious existence and a beneficial impact of their supposed fusion. The latter is practically impossible.
The story of Singapore does not match the usual idea of combining democracy and the market economy. While in the developed countries of the West, democracy has been threatening the functioning of the market economy, Singapore and its authoritarian regime has maintained the status of the easiest country to do business in.
After a recent TV address of Georgian Prime Minister Irakli Garibashvili, it became known that the state’s efforts in 2014 and the coming years will be focused on the implementation of an import replacement policy. According to the prime minister: “it is a shame when imports account for 80% of the net export structure.”
The Lithuanian Parliament and the Ministry of Agriculture are destroying competition in the dairy sector through the egregious regulation of raw milk purchases. Much noise has been made over this new law, which places onerous restrictions on the dairy market of dubious constitutionality.
European ideal is not – to my mind – “being the first“ at any costs. Europe does not need to conquer anybody – these times are over and the fundamentally colonialist subconscious idea of Lisbon Strategy has faded into our Medieval past.
Hence, socialism, communism, Nazism etc., based on sacrificing the individual for the good of society, collapsed in conflict with objective morality.