The Evolutionary Invisible Hand. The Problem of Rational Decision-Making and Social Ordering over Time is a book by the director of the F. A. Hayek Foundation, Matúš Pošvanc. The book has been published by one of the world’s leading publishing houses Palgrave Macmillan.
The tax ceiling is not designed to strengthen the debt ceiling, as the latter has been devised so that the irresponsible governments in the future could not impose bring an unprecedented burden on the public finances.
One of the key topics of the past nearly four years has been the future face of the relations between the UK and the EU in the post-transition period era. Not many people expected that within the given time frame there would be sufficient time and willingness to reach a mutually acceptable deal.
The socially liberal camp around the world, including much of the European liberals, have been celebrating this turning of the tides, even though it comes at a cost of further polarisation of the society in the US and elsewhere.
Karl fights for socialism, Che holds a red flag and he’s saying something about communism, and Adolfo is not ashamed and even supports fascism. There are “Isms” everywhere. However, one of them is quite nice – as it deals with personal freedom.
Singapore ranked first in the 2020 edition of the Smart Cities Index, which aims to assess cities in terms of citizens’ needs. Bratislava ranked 76th out of 109 cities with a year-on-year improvement of 8 places.
While many countries in the CEE region have had a recent experience of a successful economic transformation, few are doing great in preparation for the new wave of the industrial revolution.
Hayek would like us to live in peace with all people, if possible, and to accept ourselves and the world as we are. Asked if he feels happy at the end of his life he answered: “It is my general view of life that we are playing a game of luck, and I have been lucky in this game.”
F.A. Hayek was awarded the Nobel Prize in Economics in 1974. He contributed, among other things, to the theory of prices, business cycle, and money, for which he won the prize. However, several critics call him a “non-economist” or a “repeater” of L. von Mises’s theories. He has long been in dispute with J. M. Keynes.
F. A. Hayek belonged to the so-called Austrian School of Economics. This school can be understood as a school of economic thought or a branch of libertarian ideology inspired by Austrian economists. Here is some recommended reading for further exploration
