In just over a year in power, the coalition led by the BSP has proposed, submitted for consideration and adopted quite a few changes. The effects of some of them are not yet visible, and when they do appear, many may not associate them with the current rulers. In any case, we can now prepare an anthology …

The outbreak of World War I in 1914 came as no surprise to Mises. Unlike most of his contemporaries, however, he rejected the wild nationalism and imperialism that had gripped European societies, leading to the outbreak of war and ultimately the end of the relatively liberal period in Europe. As an artillery officer …

The Governor of the Bulgarian National Bank told the media today that Corporate Commercial Bank is not bankrupt. Not that we can expect another statement from an institution created to save banks from the effects of the credit expansion they generate, but we should note that there is some truth in his words. Without …

It is difficult to argue with arithmetic and, accordingly, with the thesis that the welfare state is facing bankruptcy. About 30% of everything produced in Europe and North America is seized by the state and spent to improve the well-being of certain social groups – the poor, children, pensioners, etc. However, this redistribution ...

In 2013, we witnessed various (more or less) creative ways to manipulate GDP. From the US, to Greece and the UK, to Nigeria[1], the index fell victim to politicians’ desire not to pay the price for the economic crises, harmful policies and cronyism they create. Starting this year, the NSI also …

Plamen Oresharski's government is set to resign within a month. This means that the one-year rule of the coalition between the BSP and the MRF will soon come to an end. This has come after the announcement of the results of the European Parliament elections, which showed that the popularity of the BSP has decreased compared to a year ago.

Ludwig von Mises was born on September 29, 1881 in Lemberg (Lviv, present-day Ukraine), but grew up and spent the first half of his life in the Austrian capital of Vienna. After returning to Vienna (most likely between 1883 and 1897), the Mises family rented a house in the suburbs at Friedrichstrasse 4, which today …

Yavor Ganchev In the last few days I have been living in a state of confusion. I want Oresharski's #resignation, but if possible Klisarova should remain Minister of Education for as long as possible. There has never been a more useful Minister of Education. Let me summarize Klisarova's work for the last year. For a year she has mainly …

Since the beginning of the BSP’s mandate, we have witnessed a constant avalanche of legislative projects and proposals. A huge part of them fall into the category of “harmful to individual freedom and the market economy”. The latest proposal of the Minister of Education is definitely one of them. It is about the idea that “[t]o completion of primary education …

Having barely emerged from recession, the European economy is showing negligible growth and, by all accounts, is on the verge of entering a deflationary spiral. A situation similar to that in Japan, which lost two decades of no economic progress. It is time for tough measures from the ECB, warn world-renowned financial analysts and …