Blog

January 11, 2024

High Taxes and Wasteful Spending – Two Sides of the Same Coin

The last budget of former Finance Minister Peter Kažimír, which was presented in 2019, before he left for the comfortable office of the National Bank of Slovakia, estimated a deficit of 0.1 per cent of the GDP – some €100 million.
January 9, 2024

Free Trade Vs National Security: Insights From Adam Smith

Classical liberals are rightly known for their fierce defence of free trade. Free trade makes us richer, fosters efficiency and technological innovation, and as David Hume pointed out in his essay Of the Jealousy of Trade (1758), it also promotes worthwhile cultural exchange.