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Labor Market in Czech Republic and How Best to Protect It
There is no straightforward answer to the question whether the labor market in the Czech Republic should be protected in cooperation with the European Union or in opposition to it. While some EU…
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President Trump and Free Trade
President Donald Trump did not wait until January 20, 2017, before starting to introduce parts of his economic program by exerting protectionist pressure and casting doubt over free trade agreements.…
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Exports: Mainstay and Showcase of the Czech Economy—Threats and Opportunities
The old materialistic belief that whatever you cannot physically touch does not really exist is still deeply rooted in Czech thinking. Over the past years, as the world has become more “virtualized,”…
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Ruby Gropas: Free Movement of Workers Is Non-Negotiable
People need to feel that prosperity and opportunity is fairly shared. As long as European societies feel exposed to job precarity, support for building “walls” would only strengthen – says Ruby…
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The Internet Is Broken. Here’s How to Fix It.
We have to fix the Internet. After forty years in existence, it has begun to corrode, both itself and us. It is still a marvelous and miraculous invention, but now there are bugs in the foundation,…
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Fabian Zuleeg: The Multi-Speed Europe Scenario Is the Most Realistic One
There are political risks attached to further integration of the eurozone within the model of “multi-speed Europe,” but far greater risk would be to allow the eurozone to fail—says Fabian Zuleeg in…
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Unconditional Basic Income (UBI)
For a few decades we were told that money from the government should be spend cautiously, so that it would not make its beneficiaries lazy. The unconditional basic income (UBI) mocks all these…
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Joshua Kurlantzick: The Rise of State Capitalism
An Interview with Joshua Kurlantzick by Maciej Nowicki Most Western economists claimed that state capitalism was unable to function properly in the long run. And yet in the last 30 years it has been…
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Donald Trump as a Weather Vane, or Where Global Capitalism is Headed
It seems that president Trump is better than the experts from Washington in recognizing America’s place in today’s world. For him, the US is no longer the center of the global system taking…
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Improperty and the Rich
How-to-get-rich books and videos show no sign of going out of fashion. Their consistent message is that you are unlikely to get rich just by working hard. What you need is “passive income” based on…