Amidst the rising cacophony, the question remained somehow unasked: “So what?” How exactly does yesterday's incident differ from the trivial practice we witness in all elections, with the exception perhaps of our amateurism?
More »Guest article: Banking lessons from Cyprus
However, the imposed capital controls and the "haircut" have the positive effect of directing public attention to the essence of fractional banking and the fact that the "conservative" method of saving - the bank deposit - is in practice a loan to institutions that cannot possibly fulfill all their obligations and need ...
More »Guest article: On the steep slope of interventionism
It is high time to understand that the state cannot give someone something that it has not taken from someone else. And since it is not possible for everyone to enjoy privileges, and someone always has to pay for them, interventions always cause conflicts.
More »Democracy or freedom?
In everyday speech, especially discussing the events around and after 1989, the concepts of democracy and market economy are used, if not synonymously, then at least inseparably from each other. In this article, I will argue that a pure market economy, built on individual freedom and private property, cannot exist in …
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EKIP– Expert Club for Economics and Politics A Different Opinion