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What Can and What Can’t the State Do?
Economy, Politics
What Can and What Can’t the State Do?
An answer to this rather broad question is one of the issues that formed the subject of Alexander Fink´s presentation during the discussion forum on the topic of “East German Transformation and German Public Finance” organised by Liberalni Institut on Wednesday, March 14, 2012.  Before we are able to even tackle this question, it is […]
Drama and Chaos
Economy
Drama and Chaos
As finance ministers sat together at the Ecofin meeting last week, the future of the Eurozone was at stake, with Greek political deadlock casting a shadow of darkness over its own euro existence. Greek President Karolos Papoulias was going to ask politicians last Tuesday to stand aside and let a technocratic government be formed to […]
Lessons from Lithuanian Austerity
Economy
Lessons from Lithuanian Austerity
In recent years, the Baltic States have been showcased as an austerity success story. While the whole world has seen countries such as Greece, Spain and Portugal struggling to reduce their public spending, Lithuania has been hailed as an austerity example. Lithuanian success in public spending cuts has been widely acknowledged; yet simultaneous tax increases […]
Profile of Recession and Recovery
Economy
Profile of Recession and Recovery
In most recent years a famous graph, showing how deep the recession is in the UK and what is the path of recovery, appeared periodically. The graph is made by the National Institute of Economic and Social Research (NIESR) and compares the profile of the worst recessions in the UK over the past 100 years. […]
Wherein Lies the Crisis and What to Do with It
Economy
Wherein Lies the Crisis and What to Do with It
The aging Estonia and Europe need to accept that the state has to earn and save before it can spend and must remain within its limits both financially and functionally, writes Jürgen Ligi, the Minister of Finance. Right now, large English language news channels could bear the common name ‘eurozone crisis’ and they could all […]
The Revolt of Self-Centered Society
Politics, Society
The Revolt of Self-Centered Society
ACTA will not enter into force. Thousands of demonstrators opposed it. Polish Minister of Culture and National Heritage – Bogdan Zdrojewski – discussed Polish drive for liberty and assumed that “we may also take pride in the protests of Internet users”. Nevertheless, everyone wonders why people started to demonstrate against the agreement. If nothing unexpected […]
The 2012 Liberty Camp
Think Tank News
The 2012 Liberty Camp
The purpose of the Liberty Camp is to explore liberty from various perspectives - economics, philosophy, history and law - while practicing English. The necessity of liberty for entrepreneurship as well as skills for creating a viable business plan enrich the camp's main focus.