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Fighting Drug Addiction: Can Georgia Do It Better? An Economist's View of Georgia’s Drug Policy Reform
29 January 2018

Drug policy reform is now at the center of a heated debate in Georgia. Despite the importance of the subject, however, most of the discussions I have heard so far are based on phobias and myths, rather than on evidence. This is a pity, as a society will ultimately have to decide on the subject by voting YES or NO on this reform, thereby choosing between very different potential outcomes. Having an informed opinion on the issue is, therefore, extremely important.

Behavioral Economics of New Year’s Resolutions
18 December 2017

It is that time of a year when we take time to reflect upon our flaws and weaknesses to find areas where we can make positive changes for the New Year. In our imagination, there is an old self who we will leave behind on the New Year’s Eve, and we will welcome our new 2018 self, healthier, wiser, and most importantly, happier. All it takes is to come up with that magical set of resolutions that will help us achieve all that, though many of us probably will not need to come up with original New Year’s resolutions.

Why Is Georgia Importing So Much Electricity?
09 December 2017

In October 2017, Georgian power plants generated 828 mln. KWh of electricity, marginally up (+0.79%) compared to September. Following the traditional seasonal pattern, the share of electricity produced by renewable sources declined to 71% of total generation (87% in September), while thermal power generation’s share increased, accounting for 29% of total generation (compared to 13% in September).

Coordination Is Almost Always The Key
22 November 2017

On November 22, the President of ISET and ISET-PI, Mr. Eric Livny gave an insightful presentation to the very first cohort of ISET BA Program students, regarding the importance and perks of coordination.

Telavi, the Capital of Georgian Beer Drinking?
23 October 2017

Telavi, the former capital of the Kingdom of Kakheti, is a beautiful town with spectacular views of the Alazani Valley and Caucasian mountains. In the 18th century, King Erekle II reigned from Telavi. The palace can still be seen, and the statue of King Erekle stands proudly in the middle of the city's town square. More importantly for the city dwellers, Telavi is the capital of Georgia’s traditional winemaking.

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