investment

I often hear the phrases \'real price\' or \'justified price\', for example, in the question of ambulances or hospitals. They make my economic hair stand on end. It reminds me of how deeply embedded healthcare is in the price thinking of planned economics. Before 1989 in Slovakia, the whole economy was run on the principle of price. A manager in a company calculated the price of steel, plastic, and man-hours to produce one Škoda 120 car, for example.

The wonderful thing about economics is that it recognizes truths about the world that laypeople cannot intuitively grasp, based on simple statements about human action. Consider two concepts: opportunity costs and marginal decision-making based on marginal benefits and costs. If you really understand these two concepts, then it must seem normal to you that there is such a thing as optimal environmental pollution.

Price inflation is not inevitable. One of the most common explanations for price growth is identifying it with capitalism. The argument is that inflation is unavoidable as the economy grows. It is thought that for businesses to have an incentive to invest and wages to grow, the prices of goods and services should rise in the first place.

Ostrava is an often overlooked region in the Czech Republic, facing a very difficult and uncertain future over the next decades. The region has historically been entirely dependent on coal mining, which is an unenviable position at present time, as the mines are being closed. Mining has historically made it the industrial backbone of the country, but heavy industry is currently in decline.

In this episode, we talk about how to reinvent broken cities and restore citizens\' agency, and why community matters.

The trial, which began on July 27, 2020 at the Vatican, is not just an investigation into the financial investments of the Secretariat of State in London. It is a \"hat\" under which a broader, international anti-corruption investigation lies. Moreover, the trial itself became known as the \"trial of the century\" before it even began.

The E40 waterway project is a great idea from the geopolitical point of view. It connects three countries situated between Central Europe and Russia, and creates grounds for deeper regional cooperation. However, the economic and environmental sides of the project are not that great.

Oman started 2020 off on the right foot when it comes to economic freedom. A new Foreign Capital Investment Law (FCIL) came into force to visibly lower barriers to foreign investment in the Sultanate. The crucial change is that 100% foreign ownership is now possible in Oman.

Two weeks ago, the Mayor of Prague Zdeněk Hřib and his Taiwanese counterpart, Ko Wen-je, signed a partnership agreement on joint economic and cultural cooperation between the two capitals – Prague and Taipei.

Labor market flexibility may be characterized by the market participants\' abilities to deviate from standard labor regulations and typical forms of employment. Such possibilities may not only provide positive outcomes to both employers and employees, but they may also benefit the whole economy.