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Arguments for increasing retirement age

Arguments for increasing retirement age

Written by: in: Economy

Debate on a longer retirement age is difficult owing to the fact that the most important arguments are non-intuitive. In communism era things seemed to be clear. Since the state guaranteed a fixed pension, early exit from the labour market was the most rational choice for an average citizen. Because seniority had indeed a minor [...]

„Buy French!” … and a look at the causes of stagnation

„Buy French!” … and a look at the causes of stagnation

Written by: in: Economy

Nicolas Sarkozy, coming into the home straight of the presidential campaign, is urging the French to spend their money on locally manufactured goods. His rival, Francois Hollande, also spoke in similar vein recently, albeit in a less nationalistic tone. But in essence they are both saying the same thing – that Europe must protect its markets both by encouraging [...]

Positive effects of the crisis

Positive effects of the crisis

Written by: in: Economy

The economic slowdown that currently takes place in Poland has also some advantages, as it is the time when more traditional strategies work, all hooray-optimistic plans will fall apart and when the 100% mark-up has to be reduced. Fortunately, what we deal with in Poland is only an economic slowdown and not the recession, such [...]

Has the crisis in the USA come to an end?

Has the crisis in the USA come to an end?

Written by: in: Economy

Recent data on American economy may give some cause for optimism. The employment increased at 243,000 in the non-agricultural sector and 257,000 in the private sector. It proves undoubtedly the upturn in the job market. Taking into consideration that the situation has not changed for months, we may be optimistic about American economy. Although the [...]

A Wish List for 2012

A Wish List for 2012

Written by: in: Economy

During the last day of 2011, just when the fact that GDP has not been exceeded by 55% was being hailed as one of the year’s triumphs, I tweeted my wish list for 2012. To sum up it was for the euro zone to stay intact, for the government to keep its promises, for investments [...]

Capitalism is doing well.

Capitalism is doing well.

Written by: in: Economy

Today, when Poland is recovering after the crisis, when countries of Western Europe are falling into a spiral of debt, where there is a significant expenditure reduction, return of capitalism, which we deal with, is the most spectacular in the history.  I do not remember such a rapid recovery of free-market thinking about the economy [...]

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