Category Archives: Economy

Inflation

“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” The words of John Maynard Keynes, who clearly knew a thing or two about governments and their propensity to … Continue reading

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Votes

“All the blood is drained out of democracy – it dies – when only half the population votes.” The words of Hunter S. Thompson which seem particularly apposite as we look forward to two elections in Poland – those to … Continue reading

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No to the Euro

“If its anything I can’t stand, it’s yes men.  When I say no, I want you to say no, too.” Words attributed to studio mogul Jack L. Warner, which might be seized upon, without a trace of irony, by any leader … Continue reading

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Poland’s Future

“If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people.” Words attributed to the Chinese philosopher Confucius, which may or may not … Continue reading

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Optimism

“Optimism is the madness of insisting that all is well when we are miserable.” The words of Voltaire, which seem to be a rather pessimistic way of looking at optimism. Indeed, dare one say it, an almost Polish approach to … Continue reading

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Flexible

“Nothing is softer or more flexible than water, yet nothing can resist it.” Words attributed to Chinese philosopher Lao Tzu which, while obviously true when applied to water’s ability to erode rocks over time, bespeak of a flexibility largely absent … Continue reading

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Climate Change

“Right now, we are facing a man-made disaster of global scale. Our greatest threat in thousands of years. Climate change. If we don’t take action, the collapse of our civilisations and the extinction of much of the natural world is … Continue reading

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Energy Cooperation

“Whoever thinks that the European economy can be competitive without economic cooperation with Russia, whoever thinks that energy security can exist in Europe without the energy that comes from Russia, is chasing ghosts.” The words of Viktor Orban, prime minister … Continue reading

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Inclusive

“Smart, sustainable, inclusive growth is the key to job-creation and the future prosperity of Europe.” The words of Jose Manuel Barroso, former prime minister of Portugal and president of the European Commission who, one assumes, might have known although the … Continue reading

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Sustainable

“We need economic growth that is sustainable and job-rich rather than just statistically impressive.” The words of Guy Ryder, the current director-general of the International Labour Organisation. And, he’s right. As technology advances, the challenge will be to find useful … Continue reading

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