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Distorted World of Cheap Money
Economy
Distorted World of Cheap Money
A few weeks ago, the Fed expressed no intention to increase interest rates, but the will to maintain the current ones of 0 to 0.25%. The problem is that cheap money does not only indicate the prevailing economic problems, but imply long-term negative impact on both savers and economy.
What Can Estonians Learn from the Digital?
Society
What Can Estonians Learn from the Digital?
Estonia has set itself the goal of making better use of digital opportunities in teaching and developing students’ digital competence - the ability to use digital technology in order to better cope with studying and working, communicating within communities and simply as citizens in a rapidly changing information society.
Greek Snap Elections – Stability Instead of Progress
Politics
Greek Snap Elections – Stability Instead of Progress
The Greeks have voted and widely approved the course of Alexis Tsipras and his SYRIZA-party (35,5%, -0,8). It is noteworthy that the decision for the left-wing alliance reveals that the Greek voters predominantly want to stick to traditional values and their societal structures, rather than giving a chance to reform-orientated powers.
‘Immigration’ Challenge
Society
‘Immigration’ Challenge
The information biases lead to creating a picture of Muslim migrants as homogeneous crowd of Islamists. Even if experts recognize that not all migrants are extremists, it is often emphasised that terrorists fighting in favour of the Islamic State might be among them.
Evolution of Economy
Economy
Evolution of Economy
The first task an economist has to master is to explain to people that there is such a thing as an economic problem. That is because people are more concerned with everyday emotionalism creeping into their lives by means of having to deal with another type of a problem that we could call an ‘engineering’ one.
Slovakian Land Acquisition Ban Is a Joke
Economy, Politics
Slovakian Land Acquisition Ban Is a Joke
Riding on the wave of historical fear, Slovak government quickly came up with a new protective law. In general, it forbids any agricultural landowner to sell land (2000 square meters and more) freely to just anyone. The willing seller has to actively search for an interested local farmer and offer him the land for “usual” price first.
From Swamp to Top of the World
Economy, Politics
From Swamp to Top of the World
The story of Singapore does not match the usual idea of combining democracy and the market economy. While in the developed countries of the West, democracy has been threatening the functioning of the market economy, Singapore and its authoritarian regime has maintained the status of the easiest country to do business in.