Articles

Lithuania’s level of economic freedom has been steadily improving. The country has jumped up by two positions and ranked 13th in the world in the 2015 edition of the Index of Economic Freedom. The index is compiled by the Heritage Foundation in partnership with The Wall Street Journal.

The Lithuanian Free Market Institute is listed among the most prestigious think tanks in the world. This year the University of Pennsylvania\'s (USA) Global Go To Think Tank Index ranked LFMI 11th in Central and Eastern Europe. The Global Go To Think Tank Index evaluates almost 7000 think tanks worldwide.

For a fifth year in a row LFMI has ranked Lithuanian local administrations to show which municipalities are best and which are worst in serving their citizens, fostering good governance and providing conditions to attract investment and create prosperity. This year the capital city of Vilnius has topped the ranking.

Whether we like it or not, getting closer to Budapest means not only drifting away from Berlin and Brussels, but also from Washington. The political position of Poland in the world states its power in Europe. But a strong position in Europe shouldn’t be built in a way that the Law and Justice does it. In such way, you can only lose this position.

It would all be amusing, if it wasn\'t really happening. Minister of Foreign Affairs of Republic of Poland acts as if he was a live advertisement of some tv program or a publishing house famous for Polish jokes. Because could there even be another, more rational explanation to that?

This story of bilateral cooperation between Turkey and Georgia gives an interesting example of how good will and understanding each others needs, despite of several historic and political differences in past, can create a high level of cooperation from which both sides can benefit politically and economically.

On the importance of mainstream vs. mainline distinction in understanding economics, the power of ideas and education focusing on the link between philosophy, politics and economics, and the new master\'s PPE program in Prague with professor Peter Boettke talked Josef Šíma, president of CEVRO Institute, Prague.

A robot called Baxter truly exists. It takes him one hour to learn simple repetitive movements and then it is able to repeat them with objects which weight no more than 10 kilograms. Baxter costs 22 thousand US dollars. It is less than work costs of one employee with average salary in Slovakia for two years.

The European Union has done a fine job creating opportunities for its citizens and their goods and services. However, trade has become more digitalised. The online environment offers more and more opportunities. In most cases, it saves time compared doing it in the real world.

The conclusion for the Hungarian opposition shall therefore be quite obvious: they need to find an answer to the abovementioned economic needs. The refugee crisis may dominate the public discussion for now, but everyday lives of the voters are defined by the worsening economic situation and the fear of wash-out.