free market

The state must act where there is no other way. However, when it intervenes, the state must be efficient, strong, and decisive. In other areas, we must understand that our success is a collective creation, with the main author being the free citizen. Life improves only when solutions are in the hands of citizens, not dictated by the state.

Liberty-minded people should not strive for utopias, but instead encourage people to see how much better the world became through the ideas of free markets, rule of law, and democracy. If we continue on this path, we have a good chance of living in the best world that can ever be.

Let me tell you the truth about Santa Claus. If his Marx-esque appearance and red clothing weren’t an immediate giveaway, I must point blank tell you: Santa is a communist. So before you go wasting ink and paper writing your letter, hear me out.

100 years ago, Poland regained independence, but its economic success started only 30 years ago. Neither the Second Polish Republic after World War I, nor the socialist People’s Republic of Poland after World War II managed to significantly increase standard of living compared to the USA.

INESS has been organizing the Free Market Road Show, an international conference, for a number of years. The event found its way to Bratislava in 2018 again and brought topics stirring the public at home and abroad.

This readiness for liberty and tolerance transgresses borders, languages, classes, and wealth. It enabled people to help each other, to live more peacefully, and to get richer. The evolution of the gentleman is the evolution of classical liberalism and freedom.

Because of the binding constraints of European treaties and EU law, there are few remaining lines of attack against the Bank of Slovenia’s independence. This article places these developments within the normative and positive contexts of free markets.

Georgia became an independent nation in 1991 after 190 years of, first, annexation by Russia and then forceful incorporation in the Soviet Union. After the Soviet Union collapsed, Georgia experienced the most dramatic peacetime economic decline in human history – a 75% drop in GDP. The country needed to restart its economy, and quickly.

The fact that an abundant welfare system and a loosely regulated market are operated by the same government does not give proof to their harmonious existence and a beneficial impact of their supposed fusion. The latter is practically impossible.

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.