Some blame government for crises, others the free market. Both groups are wrong, argues Alex J. Pollock, an American philosopher of economics.
A dispute over posted workers, black PR concerning Polish food, as well as intentional restrictions on Polish vodka exports - these are just some of the protectionist measures undertaken in the EU countries.
In November 2015, the Ukrainian parliament decided to extend the expiring moratorium on the sale of agricultural land for an additional year. However, the battle for control over one of the world's largest resources of “black...
It will be 25 years on 23 December since the Act on Economic Activity, popularly called Wilczek’s bill, was passed. It introduced into the stubborn reality the rule that what is not prohibited is permitted. State regulation was...
„Gym Now Stresses Cooperation, Not Competition,” blared a headline in the New York Times a decade ago. The story was about an elementary school where “confrontational” games, team sports, and elimination...
„Gym Now Stresses Cooperation, Not Competition,” blared a headline in the New York Times a decade ago. The story was about an elementary school where “confrontational” games, team sports, and elimination...
Wildly inaccurate statements from news commentators, financial analysts, politicians and even administration officials have most people believing that if Congress does not increase the debt limit in March, the U.S. government...
Owing to where most Americans trace their ancestry from, we tend to know more European history than the history of our immediate neighbors to the north and south, Canada and Mexico. We can name famous entrepreneurs and political...
Good economists are seldom popular with the political class. This is not unique to democratic systems; dictators like good economists even less. Why? As a rule, politics doesn’t educate. It obfuscates, pontificates, and...
It’s been nearly a decade since film director Ridley Scott’s Oscar-winning epic, „Gladiator” appeared in theatres to considerable acclaim in Europe and the U.S. The movie is partly fictional, but the part...