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There Is No Such Thing as “Real Price”
Economy
There Is No Such Thing as “Real Price”
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.
Opportunity Cost of Learning: Is There Optimal Age to Graduate?
Economy
Opportunity Cost of Learning: Is There Optimal Age to Graduate?
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.
Trump’s Impact on Europe and Elections in Poland with Andrzej Bobinski [PODCAST]
Think Tank News
Trump’s Impact on Europe and Elections in Poland with Andrzej Bobinski [PODCAST]
What does Donald Trump understand about politics that others don’t? What is the impact of Trump\'s presidency on Europe (and the Polish political scene in particular)? And what should we expect from the forthcoming Polish presidential elections? Leszek Jazdzewski (Fundacja Liberte!) talks with Andrzej Bobiński, the Managing Director of Polityka Insight. 
Bulgaria’s Budget Framework Risks Doubling Debt in 10 Years
Economy
Bulgaria’s Budget Framework Risks Doubling Debt in 10 Years
In 2024, Romania will break the 50% government debt limit, becoming the EU country with the largest increase in the debt-to-GDP ratio since the start of the pandemic. High budget deficits - levels of 6-9% of GDP - have pushed Romania\'s debt from 35% in 2019 to 52% in 2024, with a forecast of close to 60% in 2026. In just a few years, Romania will likely have a higher debt than Germany.
How and Why Status and Functions of Judges Should Differ from Those of Prosecutors?
Politics
How and Why Status and Functions of Judges Should Differ from Those of Prosecutors?
The notorious case of a prosecutor who tried to review a court act issued by a judge of the Sofia Regional Court once again raises the question of the functions and status of judges and prosecutors. This issue is of the utmost importance in a country like ours, where the uncontrolled and selective (in the sense of arbitrary) actions of the prosecutor\'s office leave citizens with the impression that prosecutors, not judges, administer justice.

THINK TANKS

Academy of Liberalism
Tallinn, Estonia
Bendukidze Free Market Center
Kyiv, Ukraine
Center fo Economic and Market Analyses (CETA)
Prague, Czech Republic
Civil Development Forum (FOR)
Warsaw, Poland
Economic Freedom Foundation
Warsaw, Poland
Free Market Foundation
Budapest, Hungary
Institute for Economic Research and Policy Consulting (IER)
Kiev, Ukraine
Institute for Market Economics (IME)
Sofia, Bulgaria
Institut Liberálních Studií (Institute for Liberal Studies)
Prague, the Czech Republic
Institute of Economic and Social Studies (INESS)
Bratislava, Slovakia
Liberales Institut
Potsdam, Germany
Liberte!
Lodz, Poland
Lithuanian Free Market Institute (LFMI)
Vilnius, Lithuania
New Economic School - Georgia
Tbilisi, Georgia
Projekt: Polska
Warsaw, Poland
Republikon Institute
Budapest, Hungary