Receipt from the State
It is definitely not a small amount; in 2012 alone the expenditure of the state oscillated around 680 billion PLN, and speaking more lucidly, 18,261 PLN per person.
Economy
Power of Central Banks Moved By Markets
But today it could happen anywhere; for example in China. It seems that counterparty mistrust among financial institutions reached extreme levels in China last week, where so called Shibor, or the Shanghai Interbank Offered Rate, has been surging.
Defining and Measuring the Middle Class in Bulgaria
The goal of this research paper is to define and measure middle class in Bulgaria in recent years, as well as to discuss its political role.
Welcome and Don’t Forget Your Wallet!
Today, we can only laugh at our ancestors, the book copyists, who were fighting against the printing press, because it was taking their jobs and incomes. Our successors will once laugh at our silly ideas.
Tax Freedom Day 2013
According to the F. A. Hayek Foundation, total redistribution rate in Slovakia this year is 41.71% of gross domestic product.
We Intentionally Created the Bubble
Let’s be clear. We’ve intentionally blown the biggest government bond bubble in history … We need to be vigilant to the consequences of that bubble deflating more quickly than [we] might otherwise have wanted.
More Centralization
It is interesting as, on the one hand, there is France calling for more centralization and more common policies on the EU level, and on the other hand, President Francois Hollande is able to say: “The European Commission cannot dictate us what we have to do.”
Real Causes of the Financial Crisis
The overwhelming majority of financial crises since the early 1970s has been caused by mistakes in monetary policy.
Energy, Pollution Control and Economic Growth
Real climate policy ignores much of the fundamental messages of economic reasoning. Hence we see huge inefficiencies and small outcomes of climate policy.
We Need Reforms
UK´s Foreign Secretary William Hague, for example, called for cooperation between Britain and Germany to carry out reforms within the European Union.
