Electricity and gas prices in the UK are expected to rise by 8-9% over the winter season. From the apocalyptic picture that the British media is trying to paint, one might be left with the impression that we are talking about some developing country whose energy supplies are monopolized by Russia. Let's see...
More »2013.11
Guest article: Is man rational in economic models?
There is no topic that has generated as much controversy in economics as the "rationality" of economic agents. Critics of "homo- oeconomicus" deny both its existence and the ability of economics to explain real processes and phenomena. This is the so-called "bad input/bad output" problem, i.e. when you build a structure based on wrong assumptions, the results made ...
More »Tax changes for the poorest - yes or no
Along with the policy of accumulating budget deficits and refusing to implement reforms, between the first and second readings of the budget law, a good idea emerged, albeit rather timidly – that at least the money of the poorest does not belong to the state. Although they will not be exempt from …
More »Political powerlessness and police violence
Let's talk about police violence… It's not that this is a new topic, it's not that I didn't write about it during the previous government, it's not that in Bulgaria the rights of the common man are respected at the expense of those of politicians. And as Gore Vidal says – “There is something that makes …
More »Saudi Arabia amidst international quicksand
During my meeting with Ibrahim Al Muhanna, the chief advisor to the Saudi Arabian oil minister, I noticed that the book on his desk was “The Quest” by one of the great energy analysts, Daniel Yergin. His spacey discussion of hot topics in global energy is often …
More »What is oligarchy and does it have a place in Bulgaria?
One of the most frequently repeated words by protesters in recent months is 'oligarchy.' They use it to describe Bulgaria's current economic and political model - the real power in the hands of a handful of people directly connected to the state apparatus, who use all their available resources to enrich themselves at the expense of ...
More »Sovereignty or Flow?
A song sang that “the revolution will not be broadcast on television” (la revolucion no se televisara), but last week we saw Bulgaria losing its sovereignty on television. In a festive atmosphere and high spirits, Alexey Miller, the CEO of Gazprom, and the Prime Minister of Bulgaria, Plamen Oresharski, …
More »Private initiative in healthcare and what is stopping it
In recent weeks, a major topic of contention in American politics has been the enactment of a new health insurance system – the so-called Patient Protection and Affordable Care Act (better known as Obamacare). In short, under this system, the federal government obliges every American citizen to purchase health insurance, and in addition …
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EKIP– Expert Club for Economics and Politics A Different Opinion