Michael Fanta

Michael is experienced in leading and coordinating analytical projects, data processing and presentations at international conferences and debates. His expertise primarily revolves around broader economic and regulatory challenges, including the regulation of addiction, economics of network industries, waste management (EPR systems) as well as analysis of the unintended consequences of regulation and taxation or barriers to economic growth. He holds a Ph.D. in Applied Economics and Public Administration.

Economy

Capping Interest Rates on Non-Bank Loans: Good Intentions, Wrong Diagnosis

BY Michael Fanta AND CETA / March 17, 2026

The idea of capping interest rates on non-bank consumer loans has returned to the Czech political agenda. The intention is unimpeachable: protect financially vulnerable people from predatory lenders and prevent debt spirals. Nobody serious disputes that goal. However, will the rate cap actually solve the problem it claims to address?

Economy

Platform Work Directive: A Well-Intentioned Rule That Could Backfire

BY Michael Fanta AND CETA / March 17, 2026

Platform workers in the Czech Republic are not, by and large, a captive workforce in need of rescue. They are people who have made a rational choice to work flexibly, on their own schedule, for income that suits their circumstances. Good regulation should make that choice safer and more transparent. It should not make it impossible.