Crowdfunding Can Solve More Problems than Social Scientists
Democracy works best alongside civil society. However, civil society is built by solving local issues without relying on the remote hands of politicians and democracy. It may sound like a paradox, but in reality, the expansion of so-called civil society requires neither politicians or more elections, nor longer electoral programs.
The Case for Cash
A dozen countries out of the 28 European Union (EU) members had legal limits on cash transactions in place at the end of 2015.
INESS Published Why to Keep the Cash Economy
In the recent years, cash has earned the label of obsolescence and high cost, and become a public enemy. Restrictions on cash payments are in place in many countries around the world and an EU-wide restriction is looming. However, cash plays a number of important roles in the economy.
Tom the cat, Chinese poultry houses, and bad money
Tom is the most expensive cat in the world. The Chinese bought him from a young Slovenian couple for a billion dollars. Even from our own local experience, we know that the Chinese buy any damn thing. So what?
The inconspicuous charm of hidden tax increases
The slowdown in raising the deductible item did exactly what the government needed. More taxes are paid to the budget and people have not even noticed it.
SLOVAKIA’S CATALYST FOR CHANGE
Robert Miskuf, CEO and founder of Pedal Consulting, a business development consultancy based in the Slovak Republic, started working in European public procurement eight years ago — and his job was mired in paperwork.
Entrepreneurial wealth doesn’t halt progress – it encourages it
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.
Let’s keep the cash
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).
ENTREPRENEURS IN SLOVAKIA SPEND 140 HOURS ANNUALLY COMPLYING WITH BUREAUCRATIC RED TAPE
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 grappling include an average of 75 administrative tasks that cost €1,471.50 (US$1,565.31) per year.
Raiding tax havens won’t solve our problems
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 eastern tax havens didn’t start with Panama. It’s been ongoing for at least a decade, propped up by the Great Recession when it had transpired that the European commercial and bank secrets aren’t what they used to be, and that the United States can manhandle even Switzerland. A depth is lacking in the public discourse spurred by recent revelations.