Well-intentioned does not automatically mean well-executed. That would be the positive interpretation of the planned EU ban on rebates to stockbrokers. Fear devours stock culture! This might be the negative interpretation of the agreement in principle reached between the Council of the European Union and the European Parliament. Work is currently underway on the specific regulation.
Liberals are notoriously skeptical about the state’s ability to generate innovation. A new study on the potential of national innovation agencies puts these concerns into perspective – and makes the case for limited state activity. Liberalism’s success is not simply based on its philosophical persuasiveness but on its economic power. By inextricably interlinking political with economic freedom, liberalism paves the ground for a dynamic market economy that generates wealth and innovation.
The wave of inflation that evolved after the pandemic suggests that increasing the quantity of money does not necessarily lead to economic prosperity. Typically, as the prices of some goods rise, the prices of other goods fall. However, the euro area faced a rapid general price increase. This paper examines the factors behind this growth in prices.
We are pleased to present the nineteenth issue of 4liberty.eu Review, titled “Learning from the Past and Present: Impacts of the Russian War in Ukraine on CEE”. This time, our primary focus is on the response to the Russian aggression in the region, as well as various related phenomena and challenges.