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Participatory Democracy and Deliberative Model of Public Policy Making
27 March 2015

On Thursday, March 26th, Dr. Nani Macharashvili, from TSU delivered a lecture in which she touched on the importance of the deliberative model of public policymaking.

What Happens When Institutions are Designed to Provide Bullet-proof Protection against Fraud?
26 March 2015

“Shock and awe” is a US military term describing the use of overwhelming power to demoralize the enemy, as applied by the American military in Iraq. “Shock and awe” would also aptly describe my emotional state when I entered, at the age of 23, the magnificent reading room at the Bodleian Library in Oxford. This was the moment when I – a former paratrooper and an officer with one of Israel’s security services – understood how badly I want to acquire an education. Not technical knowledge or skills, but an education.

How Persistent Is Social Capital?
23 March 2015

On Friday, March 20th, in the conference hall of ISET, Jan Fidrmuc from Brunel University gave a presentation titled "How Persistent Is Social Capital?”. At the beginning of the presentation, he has defined Social Capital (SK) as one of the factors of production which encourages cooperation and helps to overcome free-riding.

Smokers in Post-Soviet Countries: Ill-Informed or Just Irrational?
23 March 2015

Tobacco consumption is widely known for its negative effects on health. According to the US Center for Disease Control and Prevention, just in the USA, an estimated 443,000 people die per year prematurely due to inhaling cigarette smoke. As there are 46 million smokers in the USA, it means that in any given year, the likelihood to “die prematurely” because of one’s smoking habit is almost 1% (under the admittedly strong assumption that these numbers are constant in the long run). If one smokes for 10 years, the probability that one’s life will be cut short goes up to 9%.

All the Roads Lead to Tskaltubo
20 March 2015

“Roulette until six in the evening. Lost everything”, notes Leo Tolstoy on July 14, 1857. He did not pen these words in Moscow or St Petersburg”, writes Elizabeth Neu. “It was in Baden-Baden that Tolstoy closed his diary with a sigh that night.”

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