Category Archives: Economy

Prime Minister

“In the end we are all sacked and it’s always awful. It is as inevitable as death following life. If you are elevated there comes a day when you are demoted. Even prime ministers.” The words of Alan Clark which, … Continue reading

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Strategy

“So companies have to be very schizophrenic. On the one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving.” The words of management guru, Michael Porter. And although the analogy is … Continue reading

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East

“Poland is the natural bridge between East and West.” The words of Professor Norman Davies, who probably has a better understanding than most. And thus to the 5th Eastern Partnership summit held in Brussels, a meeting at which heads of … Continue reading

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Make It Happen

“Once you make a decision, the universe conspires to make it happen.” The words of US poet Ralph Waldo Emerson and, with or without the conspiracy of the universe, Poland’s governing Law and Justice party (PiS) is certainly making things … Continue reading

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More Money

“A little thought and a little kindness are often worth more than a great deal of money.” The words of John Ruskin which spring to mind when one contemplates the plight of Poland’s doctors. Doctors generally show thought and kindness … Continue reading

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Progress

“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” The words of Benjamin Franklin. And since governments are ever keen to boast of continual growth and progress, one might ask how much economic progress … Continue reading

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Infringement

“The clearest way to show what the rule of law means to us in everyday life is to recall what has happened when there is no rule of law.” The words of Dwight D. Eisenhower which have become more apposite … Continue reading

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Energy Independence

“Diversity: the art of thinking independently together”. The words of US publisher Malcolm Forbes. And, when it comes to Poland’s gas needs, diversity of supply to lessen dependence on gas supplies from Russia is the objective, with the longer term … Continue reading

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Unfair Competition

“Competition is not only the basis of protection to the consumer, but is the incentive to progress.” The words of Herbert Hoover which while generally acknowledged to be true, are inevitably of little comfort to whichever group is suffering the … Continue reading

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Projections

“Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.” The words of Ben Bernanke, for eight years chairman of the US Federal Reserve Bank, which are self-evidently correct and underline the self-evident point … Continue reading

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