
REVIEW #18: The Invisible in the Czech Republic: When the Social System Is Expensive and Inefficient
BY
4liberty.eu / April 25, 2023
The Czech Republic is one of the Eastern European economies that, despite its socialist past, is catching up economically with Western Europe[1]. However, in addition to the increase in social welfare and overall national income, this process is naturally associated with a form of income and wealth inequality which is perfectly natural in modern market economies.