The Estonian Reform Party approved Prime Minister Kristen Michal to continue as the party leader at the general meeting held on Sunday. Michal said “We are unique in Estonian politics. Our work culture brings people together but does not shy away from asking difficult questions. Our respect comes from mastering the subject and getting the work done, not merely nodding in agreement. (…)”
You have probably heard it before: „Dishonest speculators are manipulating asset prices extensively. They make unjust and therefore undeserved profits. These vicious individuals only enrich themselves immorally at the expense of society as a whole, whose members, unlike them, depend on honest work to obtain scarce resources.
The Czech Republic celebrated a major anniversary on May 1 this year. Exactly twenty years ago on this day, the Czech Republic joined the European Union, and thus became part of the Single European Market. Apart from the political implications, joining the EU had major economic consequences. These are the ones we are going to look at now.
Few things stir the public sphere as much as the controversial subject of the adoption of the euro in the Czech Republic. Although one side of the debate always vehemently puts forward arguments in favor of adopting the single currency, while the other side points out the unmissable pitfalls of the euro, one crucial economic argument seems to be continually neglected.
What impact has populism on our democracies? What are the common misconceptions of China in the West? Are the views of Russia and geopolitics in general evolving? And what is the role of modern France in Europe?
The August issue of the 4liberty.eu Newsletter provides an overview of the articles published on the 4liberty.eu website, serving as a starting point for further exploration.
War is male. Men decide on war, men manage war, men plan, conduct, and end wars. Men declare peace. In the world of war, a woman is an addition, a not very useful element, getting in the way, complicating things, getting emotional, crying, longing, being weak, being unnecessary, undermining the point of this masculine clash.
The tax burden directly determines how many resources remain in the hands of businesses and how much goes to the state budget. However, it also has some influence on the price level. The size of the tax burden affects the speed of economic development – the more money a business has in possession, the more development and expansion opportunities it has, the more materials it buys, the more money it invests in the purchase of new equipment.
Can financial markets put pressure on a powerful country like France, the world’s eighth-largest economy? It is better not to test it. The UK has found that out several times. An analysis by Institut Montaigne found that promises made before the election by the leftist New Popular Front would increase France’s annual budget spending by €95 billion and the state finance deficit by 3.6 percent of GDP.
Many governments are interfering more and more deeply in economic processes. Protectionism is on the rise in the world. The result could be a stagnant global economy. Tadeusz Syryjczyk, Minister of Industry in Tadeusz Mazowiecki’s government in Poland, once stated that the best industrial policy is no industrial policy.
