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Statistical Nonsense of the Month
Economy
Statistical Nonsense of the Month
Walter Krämer, a professor of statistics, found out that the OECD had produced the statistical nonsense of the month: According to a recent study published in May 2015 the topmost 10% of all German employees earn 6.6 times more than the undermost 10%.
Poland After Elections: Wind of Change?
Politics
Poland After Elections: Wind of Change?
One thing is certain: Polish politics will change radically after the October elections. At the moment, a conservative and populist government seems likely. The strategy to secure the postulates of leftist and liberal movements can no longer rely on the “lesser evil” argument. It’s high time for new initiatives.
Justice and Inequality
REVIEW, Review #2
Justice and Inequality
The modern debate on inequality is, in practice, a discussion about the morality of capitalism. To simplify this debate by presenting two opposing worlds – a capitalist society where skills and effort lead to inequality, and a socialist society where the state can secure equality – may be a good learning experience, but leaves aside the challenges that we face in the modern world.
LFMI’s Position on Law on Land Safeguards
Publications
LFMI’s Position on Law on Land Safeguards
May 1, 2014 – A new recast of the Law on the Acquisition of Agricultural Land in the Republic of Lithuania1 (hereinafter referred to as “LAAL”), also known as the land “safeguards” law, has taken effect. The law stipulates provisions that limit the right to freely operate in the agricultural market by restricting agricultural land purchase and sale transactions.
Slovakian Bill for Government Services
Economy
Slovakian Bill for Government Services
Just like every year, INESS released the Bill for Government services few days ago. Although such information should be ideally provided by the government itself, Slovak government is somewhat reluctant to inform the society on costs of the functioning of the state. This is precisely why INESS decided to take up this task.
Real Problem with Minimum Wage
Economy
Real Problem with Minimum Wage
The real problem of the minimum wage concerns a very different group of people. Yet you will not see these people in newspapers or TV and they are not part of government negotiations at all. They are the unemployed people. Hence, what economists argue as some “redistribution problems” between employers and employees is not at the core of issues with minimum wage.