Common sense economics
A true people's economics is the one when people themselves choose goods, services, investments, and governance under conditions of open competition, free trade, personal responsibility, and social solidarity.
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Ukraine declares a course towards creating a socialist State Planning Agency under the flags of NATO and the EU without any hint of economic growth.
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Indexes
Index
2024 year
Shows the degree of government orientation towards the application of scientific knowledge, the best historical experience and axioms of common sense or the economic IQ of the country.
Index
2024 year
The Index shows the effectiveness and reliability of the country's legal and economic institutions and management system for the implementation of all participants will in the mode of open international competition for material and intangible resources and assets.
Index
2025 year
Shows that the period of time one needs to work to purchase a basic set of goods and services is determined by the balance of time and resources.
Events
27Листопада
Presentation of the Common Sense Economics Index
Common sense economics is the most reliable foundation for both the personal well-being of each person and the long-term national strategy. The Common Sense Economics Index is like a universal measurement tool for assessing the quality of economic policy in relation to the axioms of human behavior.
The index indicates the level and degree of consideration of the following main factors and parameters of human development in the development and implementation of economic policy:
- Laws of economy, system of motivations of various economic subjects;
- experience (mistakes, achievements) in the field of economic development of different countries of the world;
- the state of economic science, the quality of its interaction with the Government, business and society;
- the level of economic literacy of the Government, society and business;
- the quality of democratic institutions, the influence of society on the Government from the point of view of the content of economic policy;
- the quality of public administration institutions in terms of the production of those services and goods that citizens authorized and paid for with their taxes;
- the level of understanding of the nature of modern forms of capital, including intangible assets, in particular economic freedom.
The Economic Common Sense Index is a tool for determining the economic IQ of a country as a whole.
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Yaroslav Romanchuk
Small business as an engine of progress: European lessons for Ukraine
A true portrait of the business in the European Union, where small enterprises make up 94%, provide 50% of jobs and generate 35% of added value
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