regulation

With iron regularity, texts appear in the public sphere about powerful lobby groups influencing politics, or even dictating to governments what legislation to adopt and what policies to pursue domestically and internationally. First, we need to analyze the idea of a wealthy entrepreneur who, instead of developing their business in a \'market-oriented\' way, spends their time trying to convince politicians to secure advantages for their business from the state.

Advocates of state intervention and regulation believe that these mechanisms can improve the environment by suppressing the free market. Over time, they have become an increasing challenge for defenders of capitalism and the free market economy. The solution to global warming, air pollution, and so on is therefore said to be less market and more state planning.

Slovakia’s response to the tariff threat? The Prime Minister and the Minister of Economy have begun saying they want to redirect EU funds to help companies affected by US tariffs. We do not yet know exactly what this crisis will look like—but we already know the solution: European money. Journalists are asking us whether this is a good or a bad decision. You might be surprised, but I do not have an answer.

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.

You have probably heard it before: „Dishonest speculators are manipulating asset prices extensively. They make unjust and therefore undeserved profits. These vicious individuals only enrich themselves immorally at the expense of society as a whole, whose members, unlike them, depend on honest work to obtain scarce resources.

With its Commission Work Programme 2024, adopted on October 17, 2023, the European Commission emphasized its commitment to reduce reporting requirements by 25 per cent. While the Commission promises to cut bureaucracy, the Corporate Sustainability Reporting Directive (CSRD) is looming. The CSRD imposes substantial new disclosure and compliance requirements on companies.

Regulations are suffocating our freedoms, interfering with our lives, livelihoods, and comforts. Freedoms should be the priority of decision makers, but even the most basic freedoms such as those of trade and movement, vitally important principles in the EU, were set aside on the pretext of the COVID-19 pandemic.

Farming is becoming a hot topic in the most powerful rooms in Brussels. But unlike those working in agriculture, EU politicians are oblivious to temperature change. The complexities of agriculture merit more attention from European politicians than what it currently gets.

The number thirteen is commonly recognized as an unlucky number. But for Hungarian businesspeople, the preceding number is worse, as the 12th is the deadline for paying taxes.

The draft amendment to the Act on the National Council of the Judiciary presented by the Minister of Justice stipulates a return to the election of the judicial part of the Council by judges.