While the focus of public attention is concentrated on the occupations in universities, the socialist government – quite expectedly – is focused on implementing anti-market reforms. The amendments to the law on medicinal products in human medicine adopted at first reading create conditions for limiting competition in the supply of medicines, and …
More »2013.10
Towards legalization of marijuana with timid steps
The legalization of drugs is a topic that concerns many defenders of freedom around the world and has become one of the key points in the fight to limit state interference in the private lives of individuals. And while in most countries the prohibition of alcohol consumption is part of the distant …
More »Who needs structural deficits?
With the onset of the Great Recession, European Union (EU) governments loosened their purse strings and let automatic stabilizers operate, predictably swelling their budget deficits in the hope that rising public spending would get the economic engine going again. But the obstacles to growth in most EU economies are always …
More »Първа регионална конференция на European Students For Liberty в София
We use the rostrum of the EKIP to invite you to the first regional conference of European Students For Liberty in Bulgaria. All visitors will have the opportunity to listen to lectures and discuss topics from the fields of economics, politics, philosophy, ethics and many others with our guests and speakers. The event will feature the following speakers: …
More »Green balloons
For years, economists have been warning that the model of supporting renewable energy sources is ineffective. Subsidies have a high opportunity cost and an energy bubble is inflating. Industry and households are paying more for electricity. Data for Spain and Germany show that the criticism is justified and the green fairy tale is coming to an end. And where …
More »EKIP Research: Why Can't There Be a Gas OPEC...at Least for Now?
The media loves to overexpose events attended by the leaders of major oil and gas producers. Geopolitics, spheres of influence and interests are immediately discussed. The Gas Exporting Countries Forum (GECF) summit in early July was no exception. Once again, the thesis that gas producers are aiming …
More »Do fiscal multipliers work?
Everyone knows about the record government spending, but the result is not in reality. Over the past 5 years, the political elite has successfully recreated the dream environment described in more than one or two generations of economics textbooks by implementing record-high fiscal and monetary stimuli. However, the positive results are not just late, they remain too …
More »Peculiarities of the national debt from Zhivkov to Oresharski
The actions and statements of the first hundred days of the government have made it clear that the cabinet intends to spend more than the previous one. However, the question of where the financing of the bloated public spending will come from has not been answered unequivocally.
More »Reformist bloc - an alliance that libertarians can do without*
The formation of the so-called Reformist Bloc (RB) was announced back in May, but it presented its views on Bulgaria's economy only in early October. It is difficult to say that the ideas of the new political union are an alternative to the status quo, because in general they preserve the size of the state and in …
More »The social function of the market test - profit and loss*
Many naive observers of the market economy dismiss concern for the “bottom line” as a purely accidental social custom. To these critics, it seems absurd that a factory producing, say, drugs or toddler shoes would stop where the owner judges that profit is maximized.
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EKIP– Expert Club for Economics and Politics A Different Opinion