editorial partner Liberte! Friedrich Naumann Foundation

Economy

EU’s Digital Market Act: Impending Consequences for Global Consumers
Economy
EU’s Digital Market Act: Impending Consequences for Global Consumers
March 7, 2024, marks a significant date for the European Union and, potentially, the global digital landscape. A completely new set of rules for controlling competition will be fully applied. The Digital Market Act (DMA) reaches its final implementation milestone, aiming to create \"fair digital markets\" within the EU by curbing the influence of major tech companies.
No Need to Import If We Can Do It Best
Economy
No Need to Import If We Can Do It Best
While we import almost 3 million tons of green beans into the EU every year, we only import around 80,000 tons of roasted beans. The price of unroasted coffee on the exchange is usually between 40 and 120 CZK/kg (select unroasted coffee can be bought wholesale for around 250 CZK/kg, but prices can rise dramatically here). 
How Shakespeare’s Hamlet Teaches Us to Save Money
Economy
How Shakespeare’s Hamlet Teaches Us to Save Money
Just as the protagonist of Shakespeare\'s drama gains the courage to take on justice in the course of the play, too must human agency and responsibility win in each of our inner struggles. This is the only way to ensure the sustainability of the pension system by reducing upward pressure on state benefits and allowing people themselves to recover a larger share of their incomes at a time when there will be no active sources of income at all.
Let’s Not Raise Minimum Wage. Let’s Abolish It!
Economy
Let’s Not Raise Minimum Wage. Let’s Abolish It!
It is telling that the public almost unquestioningly believes that the minimum wage helps low-income people in particular. But as the prominent Czech economist Robert Holman writes in his textbook on microeconomics, \"If economists agree on anything, it is that legislating a minimum wage increases unemployment.\"