Most political systems still encourage politicians to promise people to solve the problems at hand with the same tools which created them in the first place: by more spending and more intervention. This, in turn, results in eliminating personal incentives and responsibilities.
New Economic School – Georgia has the pleasure to invite you to Summer University. This years’ edition devoted to the topic of Public Choice: The Necessity of Limiting of Government Power will be held in Bakuriani, Georgia, on August 8-14, 2015.
On Wednesday, 9th January 2013, the media informed about the issue affecting not only fans of the science called economics – a great thinker, James M. Buchanan, has died at the age of 93.