Category: English

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Why Modern Liberalism is in Retreat

Liberalism was once a radical social philosophy because it championed liberty, in particular, the right to individual freedom in civil and economic affairs. In time, however, the term “liberal” was hijacked by those who...

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Ludwig von Mises (1881-1973)

One of the most notable economists and social philosophers of the twentieth century, Ludwig von Mises, in the course of a long and highly productive life, developed an integrated, deductive science of economics based...

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Nazi v. Communists

We should all welcome recent debate in Europe on outlawing communist and Nazis symbols. It is irrelevant to argue about whether communists or nazis killed more people and imposed more sufferings. They both did...

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Why Serbia Should Not Join the EU

The need for the accession to the EU is not disputed by anyone in Serbia. It is identified with the blessings of Western life standards, a market economy and modern democracy. The ones that...

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Who Needs Monetary Policy Anyway?

The first central banks were founded by the end of the 17th century in Sweden (Swedish Riksbank) and England (Bank of England). The interference of the state in monetary affairs has a still longer...

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Capitalism, Democracy and Intellectuals

Only the naive would expect the transition from a communist to a capitalist system in Serbia to develop smoothly, without endemic ailments and distortions. These did appear in all East-European countries and any expectations...