EDITOR'S PICK

Economics Olympiad in Slovakia: the winners of the fourth national finals

Despite the unfavourable situation caused by the COVID-19 pandemic and pandemic restrictions in 2020-2021, we were able to hold the fourth edition of the Economics Olympiad, the first comprehensive nationwide competition in economics and finance for high school stu...
Paulína Ivanišová
Paulína Ivanišová Office Manažérka
Economics Olympiad in Slovakia: the winners of the fourth national finals
economics olympiad

Economics Olympiad in Slovakia: the winners of the fourth national finals

Despite the unfavourable situation caused by the COVID-19 pandemic and pandemic restrictions in 2020-2021, we were able to hold the fourth edition of the Economics Olympiad, the first comprehensive nationwide competition in economics and finance for high school students in Slovakia. What is more, we were happy to welcome a record number of high school students from all over the country to take part in the competition this year.

Paying for Results, not Expenses
english

Paying for Results, not Expenses

When you ask a good economist to name the most precious capital, their answer will be human capital”. Large oil field, steel production capacity, or a number of tractors produced do not make the company rich. The company grows rich thanks to skilled people in the right place, their excellent skills and ability to adapt to change. As Julian Simon used to say, the ultimate source of wealth is man.

INESS is an independent, non-governmental and non-political civic association. All of our activities are financed by grants, 2% tax allocation, own activities and donations from individuals and legal entities. Thus, our operation, scope and quality of outputs, largely depends on your generosity.
Next Generation EU: Why We Should Be Concerned about the Recovery Plan
publikácie

Next Generation EU: Why We Should Be Concerned about the Recovery Plan

Governments around the world reacted to the pandemic situation in similar fashion. Costly economic stimulus packages popped out, undermining the role of decentralized reaction from the bottom and strengthening state’s role in economy. European Union introduced the EUR 750 billion worth Next Generation EU package. Next Generation EU and its crucial part, Recovery and Resilience Facility, promise to bring an era of growth and stability to the European Union and its 27 member states. Can this promise be fulfilled, and if so, at what cost?

Will Tax Brake Protect Citizens’ Wealth in Slovakia?
english

Will Tax Brake Protect Citizens’ Wealth in Slovakia?

One of the basic economic lessons is that the first slice of bread will bring you the highest utility. Definitely, you will be better off than with the second slice, or the third which is rather more likely to bring costs. The law of diminishing marginal utility applies generally to all human action, including the public administration.

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