Unless you were hiding in the woods, you couldn’t have missed the screaming headlines about Oxfam’s inequality report last month. Much outrage was directed at the eight men who own the same wealth as half the world does. If you weren’t already hiding in the woods, you might have been tempted to head in that direction. The blood…
In recent months the media have begun to discuss the cashless economy, which does not use physical cash but only credit cards or other forms of electronic payment (e.g. PayPal). It seems that the inconspicuous but intense war against cash is taking place gradually – cash transfers are being limited step by step in most of the…
Small entrepreneurs in Slovakia spend 140 hours annually — about 17.5 full working days — navigating the country’s complex regulatory red tape. That’s one of the startling findings from the new “Bureaucracy Index” launched by the Institute of Economic and Social Studies (INESS), an Atlas Network partner based in Slovakia. Those 140 hours of regulatory…
The rich know how to evade taxes better than the middle class. After the Panama papers leak, this much should be clear even to the less well-informed. Every name plucked from the Panama bag, over-brimming with appalling news as it is, adds to the allure of Asian property and income anonymization schemes. Migrations towards the…
Long term unemployed employment support is missing a building block. (Notes from an expert seminar). Panelists at the expert seminar: Radovan Ďurana (INESS) (presentation) Peter Goliaš (INEKO) (presentation) Marek Radvanský (Institute of Economics, Slovak Academy of Sciences) (presentation) Tomáš Smutný (HUMANex, s.r.o.) More than 20 representatives of NGOs, Roma employment organizations, journalists, politicians, embassies’ representatives…
Speech given in Bratislava on the 12th August 2014 to the Institute of Economic and Social Studies (INESS) by Sean Gabb. It is a point of orthodoxy among British advocates of the free market that Britain should leave the European Union. This is an orthodoxy that, between 1999 and 2001, I did much to impose…
INESS – The Institute of Economic and Social Studies has decided to contribute its arguments to the discussion of the legitimacy and utility of profit in healthcare through its latest publication, Zdravý zisk (Healthy Profit). Along with the change in government in 2006 there also came a change in direction for healthcare policy in Slovakia.…
In this paper the author - Juraj Karpiš - criticizes Mises theory of monopoly prices from an Austrian perspective. He attempts to show, that the purpose of identifying monopoly prices in an unhampered market isn’t worth following, because the concept of hurt consumer supremacy by not acting on the side of producers is not compatible…
In this paper the author - Juraj Karpiš - criticizes Mises theory of monopoly prices from an Austrian perspective. He attempts to show, that the purpose of identifying monopoly prices in an unhampered market isn’t worth following, because the concept of hurt consumer supremacy by not acting on the side of producers is not compatible…
Below is a short summary of the Analysis of the Social System in Slovakia worked out by INESS in February 2006. Due to the reform in 2003, the social system in Slovakia has undergone substantial changes. The state pension system was transformed into two pillar system and labor law was liberalized. Despite these facts, there…
