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On Monday, April 13, 2015, Vit Jedlička, a Czech politician and a liberal economist, put up the flag and established a new sovereign state called Liberland on the territory of former Yugoslavia. On the 7 square kilometers of Terra Nullius claimed by none of its neighbouring countries (Serbia, Croatia) the liberal values shall take reign.

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The activating labour market reforms of the German government at the beginning of the 21st century (Agenda 2010) were considered to be successful in reducing unemployment, especially long-term unemployment. But the majority of the media and also the majority of the German population consider this reform as socially unfair. While long-term unemployment fell from 1.7 to now under one million, people still believe, Hartz IV made Germany poorer. A new empirical study tells a different…

Last week, Canadian Fraser Institute released new rankings of economic freedom in the world which is measured by a tool called “Economic Freedom of the World Index”. The results, calculated and presented since 1996 with participation of Liberalni Institut and nowadays by Centre for Economic and Market Analyses, conclude that the Czech Republic is 52nd freest country in the world. The final score the Czech Republic reached is 7.25 out of the maximum value of…