Lesson #019 - Rights, Responsibilities and Privileges
- Category: Lessons
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Today we will discuss the basics of how we interact with each other in a civilized way. These ways of interacting can be summarized by three entities: Rights, Privileges and Responsibilities.
Let’s start with simple standard definitions.
- Rights are all the things we can do without having to ask permission to anybody.
- Privileges are things that we are allowed to do because we have received permission from somebody.
- Responsibilities are…
Lesson #018 - How We Compare Basic Political Theories
- Category: Lessons
- Hits: 2002
Welcome to our little game. It's a game of make-belief, a game of what-if's. But it's a good game. It is a game were we show you how we compare basic political theories.
In our lesson Political Theories and Systems - what they are and how they work, we showed you why and how a Political Theory is a misnomer and can never be a scientific Theory. However, what if…
Pharmaceutical Companies and the Art of Selling Pills
- Category: Health Care
- Hits: 2008
We have all heard or read horror stories about how large Pharmaceutical Companies cheat, lie, misinform, hide and manipulate information in order to increase profits. This article is a reflection about pharmaceutical companies and the art of selling pills.
There is a story in the Polish newspaper Gazeta Wyborczacommenting about Glaxo (a large Pharmaceutical company) failing to disclose side effects of their drug Requip. As a consequence, Glaxo paid 7…
The Decline of Slovakia’s Competitiveness
- Category: Economic Conditions
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We know that US businesses are facing a large number of problems, some of which are listed below.
- Barriers to entrepreneurship
- Tax increases
- Social Contributions increases
- Labour legislation
- Ineffective institutions
- Poor law enforcement
- Low transparency of public spending
- Growing state debt
- Strict code of work
- Low quality of education
But what about Slovakia? What triggered the decline of Slovakia’s competitiveness? Could this list had something to do with it?
Yes,…
Car Makers and Job Loses in Australia
- Category: Job Market
- Hits: 2156
Browsing today’s news we came across an article entitled “Government says 50,000 jobs lost if Holden and Toyota shut down”, by the Australian newspaper The Daily Telegraph which comments about car makers and job losses in Australia.
Summary:
The Australian government increased the Fringe Benefits Tax. As a consequence, car sales are dropping like stones. Because of this Toyota and Holden are considering leaving Australia altogether. The government is attempting to step-in…
Lesson #017 - Freedom of Spech is a figment of your imagination
- Category: Lessons
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Freedom of Speech does not really exist. Politicians won’t tell you this, but in its current form freedom of speech is a figment of your imagination.
IS IT A RIGHT?
Freedom of speech is supposed to be a right with few limits. This would actually make it a Franken-hybrid. Half-monster, half-something else. This should come as no surprise since in our current collection of dysfunctional Political Systems, there are…
Customs Union - do as we say but not as we do
- Category: Free Trade
- Hits: 1934
Today the Russian newspaper Argumenty i Faktyreported about Armenia's decision to enter the Customs Union. The Russian foreign minister praised the move. Putin, the Russian Czar... sorry, we meant... president, promptly added that if Ukraine (an actual Customs Union member) wishes to become an EU member then there will be economic retaliations. Ukraine received a clear message from the Customs Union "do as we say but not as we do".…
Lesson #016 - Argentina is the future
- Category: Lessons
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But not in a good way. Argentina is a basket case socially, economically, militarily and anything else you may think off. Then, why do we say that Argentina is the future? Because this country is showing us today where other democracies are heading. It is a time machine that allows us a peek into the future.
ECONOMY
Argentina has gone through any and all economic experiments (short of outright communism)…
Lesson #015 - Those Bastards, the rich people
- Category: Lessons
- Hits: 3631
Well, why are you getting upset now? You are not one of them. Besides, that's what the vast majority of the people are thinking. We are just placing it in a visible place. Those bastards, the rich people, deserve to pay.
What? Not polite? Not politically correct?
Isn’t it what society thinks? No? Then how is it possible that our taxation system is progressive?
We don’t mean progressive as in…


