Economy

The Donald Tusk’s government submitted a new draft state budget for 2024 to the Sejm on December 19, 2023. Following rejecting of the budget implementation act by the president, the government presented a new bill on special solutions for the implementation of the budgetary act for 2024.

The idea of a 4-day working week has already captured minds in many places around Europe. Like UBI, it is a devilishly sweet temptation that is almost impossible to resist.

Recently, a Slovakian newspaper published a commentary about tighter regulation in the healthcare sector. The question remains what exactly does he mean by the word \"tighter regulation\"?

Slovak Prime Minister Robert Fico said at Davos that Slovakia could become a country that will experiment with a four-day working week. It is a flattering topic and so several media immediately picked up on 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.\"

Advertisements are generally regarded as a socially undesirable phenomenon. At best, they are seen as a poor source of information about a company\'s products in an attempt to raise awareness of their existence and thereby win new customers, but more often as a despicable practice aimed at manipulating consumer preferences.

Why are expectations about the impact of government regulation so often not met? Why do the actual consequences of government interventions diverge countless times from the intentions of the politicians who promote them? Economics has elegant answers to these stimulating questions. One of them will be illustrated and explained in this article.

Donald Tusk outlined priorities for the Polish government for the next months. In his expose, he paid a lot of attention to entrepreneurs, promising to limit inspections of micro-entrepreneurs, introduce a cash-based personal income tax for entrepreneurs settling this tax with the tax authorities, and a vacation for entrepreneurs, i.e. one month a year free of social security contributions and a benefit of half the minimum wage.

Poland pledged to adopt the Euro when it joined the European Union in 2004. The adoption of the common currency will have a significant impact on the country\'s future and will define our position in Europe. It should be noted that entry into the Eurozone is not only an economic issue but also a major political and social change.

At the end of last week, the current proposal for changing the minimum wage level was published. It is interesting for several reasons, mainly because, for the first time, the new mechanism for determining the minimum wage is applied, linking it to the dynamics of the average wage. This, in the context of high inflation and the subsequent rapid growth of wages, leads to its largest nominal increase in the last two decades.