Automobilový priemysel 20. storočia môžeme označiť ako „priemysel priemyslov“. Jeho produkty sú zodpovedné za takmer polovicu spotreby svetovej ropy. Vytvára približne 10% HDP vyspelých krajín a každé deviate pracovné miesto. Okrem samotnej výroby motorových vozidiel...

The competitive ability of the processing industry in the SR occurs most often in classical types of production characterised by lower level of added value. Commodities with a low added value participate in worsening the balance of trade of the SR. The high export demand of industrial production...

This paper discusses recent claims made by Caplan (2000, 2001a, 2001b, 2001c, 2002, 2007) who argues that democracies produce bad policies as a result of voters' irrational beliefs. We start by outlining the motives which led Caplan to amend classic Public Choice in such a radical fashion. We...

In the paper we analyze economic university research and education in transition countries. University system differs from industry in the nature of output that it produces. University system is engaged in production of public goods rather than private goods. The sector also suffers from the...