To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means. Vaclav Klaus economicfindmarket Change image and share on social
By the time I returned to Czechoslovakia, I had an understanding of the principles of the market. Vaclav Klaus czechoslovakiamarketprinciple Change image and share on social
I was paid to read Western economic texts. In a way, the regime paid for their own undermining. Vaclav Klaus economicpayread Change image and share on social
It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory. Vaclav Klaus areacountrycurrency share on social
I do not consider the Lisbon Treaty to be a good thing for Europe, for the freedom of Europe, or for the Czech Republic. Vaclav Klaus czecheuropefreedom Change image and share on social
Those of us who lived under communism for most of our lives were looking toward the Western world because of its values, emphasis on democracy, individual liberties and freedom, and economic prosperity. Vaclav Klaus communismdemocracyeconomic share on social
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them. Vaclav Klaus agentcompetecut share on social
The events in the square, of course, made a deep impression on me and many other parents. Vaclav Klaus deepeventimpression Change image and share on social
People like me who were engaging in brinkmanship with the party economic bosses and the open dissidents who were being arrested were pursuing a common goal in different ways. Vaclav Klaus arrestbossbrinkmanship Change image and share on social
We will also allow state companies to sell shares to their workers and will pass a law allowing citizens to start companies of their own with no limits on the number of employees or on the firm's output. Vaclav Klaus allowcitizencompany share on social