On April 3, 2014, ISET hosted Prof. Stephan von Cramon-Taubadel from the University of Göttingen, who presented his paper "European Consumers’ Willingness to Pay for Israeli-Palestinian Peace Products".

ISET is proud to announce that it has officially been accepted as a member of the International Chamber of Commerce of Georgia (ICC). In addition to ISET’s membership, Eric Livny, ISET’s Director, has been invited by the ICC Executive Board to establish and chair a new committee on economic policy at ICC.

On March 31, 2014, ISET hosted Dr. Joseph Tham of Duke University, who is currently collaborating with USAID Georgia. He provided a summary of the basic principles of project appraisal and discussed the applications of Cost-Benefit Analysis in the USAID/India Fiscal Management Reform Project.

1 April 2014, ISET Economist's special correspondent in Geneva. The ISET Economist was invited to attend the signing ceremony concluding the last round of trilateral negotiations held in Geneva under the joint sponsorship of the Swiss Confederation, the US, Russia, and Turkey.

At the end of Act 2 of Bertolt Brecht’s Three-Penny-Opera, the proletarian petty criminal Macheath, and his prostitute Jenny reply to the bourgeois representatives of the establishment urging them to uphold moral standards: “First comes a full stomach, then comes ethics!” This aphorism echoes the widely held contention that ethical behavior is a privilege of those who have satisfied their material needs.