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I Hoped It Was Not Church
Politics
I Hoped It Was Not Church
The most controversial Hungarian story in recent memory includes the resignation of Hungary’s President and a former Minister of Justice, a presidential pardon for an accomplice in a pedophilia crime, and, as it turns out, the leader of the Hungarian Reformed Church. It recently came to light that in 2022 Katalin Novák pardoned a man, who was convicted of coercion while aiding a pedophile in covering up his crimes.
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.\"
Economic Defence of Advertising
Economy
Economic Defence of Advertising
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.
Peltzman Effect: Unintended Consequences of Government Intervention
Economy
Peltzman Effect: Unintended Consequences of Government Intervention
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.
Drop in Ocean – Chinese Investments in Georgia
Politics
Drop in Ocean – Chinese Investments in Georgia
Following the publication of the Sino-Georgian strategic cooperation statement, discussions on the ups and downs of this document have become a focal point in the Georgian media. This is not surprising since the issue concerns one of the largest and most ambitious states in the world, and its foreign policy moves are constantly at the center of attention.
Through Green Deal, EU Has Declared War on Entrepreneurship
Politics
Through Green Deal, EU Has Declared War on Entrepreneurship
An EU sustainability regulation, part of the Green Deal, risks making entrepreneurship almost impossible in the European Union. By aiming to “harmonize” at the EU level the criteria for which economic activity “qualifies as environmentally sustainable”, the regulation in question will make doing business in the EU unnecessarily difficult. Complying with environmental legislation in the European Union, besides being controversial, is already very complicated.