## Wednesday, March 15, 2006

### Endorse this Czech

The second website linked in the "Science and policy" section has decided to endorse the owner of the first website linked in the "Socially dominated" category.

In other words, Marián Tupý has written a text for the TechCentralStation called

in which he attributes the economical successes of the Czech Republic to no one else than Václav Klaus, the current president. Czechia has recently become a new donor for the World Bank: this event may be interpreted as the official confirmation of the completed transformation from communism to capitalism.

In 2005, the Czech GDP grew by 6 percent which is "slightly" higher than the average growth in the EU. The double-tailed lion has surpassed even powerful animals such as the Celtic tiger. The Czech GDP per capita has exceeded the GDP per capita of an old member of the EU for the first time. Which old member do we talk about? Well, it is no one else than Portugal - a country currently controlled by shameful commies - which is why Marcos Mariňo has chosen this troubled country as the ultimate paradise. :-)

The foreign aid that was flowing to Czechia after 1989 has been something in between 4 and 22 dollars per year and per capita, again "slightly" less than 7,000 dollars per year and per capita that West Germany has been pumping to East Germany - a piece of land that can be described as a relative failure. As you can see, financial aid is not too important and sometimes it is not even helpful. Freedom, free markets, and their invisible hands are things that matter.

Klaus, a soulmate of Friedrich Hayek, Milton Friedman, and Margaret Thatcher, started as the Czechoslovak finance minister in 1990. In this role, he outlined the basic plan for the transformation of the Czechoslovak economy - an economy that used to be the most socialized economy in the world, waiting to become the 44th freest economy in 2003 and 3rd freest post-socialist economy after Estonia and Hungary. Later he became the Czech prime minister and in 2003 he has been elected the president, replacing Václav Havel.

Be sure that Klaus has been an extremely controversial politician, especially in the middle 1990s. The number of Klaus-bashers has been comparable to the current number of Bush-bashers and most of the Klaus-bashers were exactly as far left-wing people as the Bush-bashers. Some details are different, however: Klaus, an atheist, has always been generally considered as one of the brightest European politicians, even by his foes.

In the early 1990s, Klaus has decided to build on several principles that were correct, as we know today, but that were strongly criticized by cheap, left-wing, moralistic intellectuals. First of all, he was a monetarist and carefully avoided significant inflation. He decided to "turn off the lights" in order to transfer the factories from the state to the individual owners, to liberalize and privatize the economy as soon as possible, and to assure that the free market is always ahead of bureaucracy and legislation. He has also famously declared that there was "no difference between dirty money and clean money" in order to intensify the circulation of cash.

These days, Klaus's responsibilities are limited and somewhat analogous to the job of the British queen, and a controversial prime minister has transformed into a popular president. After 1997, when the prime minister Klaus had to resign because of a fictitious scandal, the country has been led by the Social Democratic Party whose policies have been acceptable. It has been said that Miloš Zeman, a famous retired social democratic politician (and a lover of fancy as well as ordinary alcoholic beverages) who was viewed as one of Klaus's main rivals, was organizing "hidden Reagonomics" that allowed the economy to grow for several years afterwards.