Macroeconomic Monitor

2015

The free speech of a radio host

The entire progressive elite in our country is deeply moved and outraged by the news that the leadership of the Bulgarian National Radio has decided to take Petar Volgin's show "Deconstruction" off the air. Fierce attacks are pouring in against the authorities, against censorship, and the host of the show himself organized a protest on December 22 in front of the Bulgarian National Radio building. …

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Climate Wars, Episode Two: Europe's Sacrifice

The Paris climate agreement is a fact. Now that the jubilant cheers over its signing have died down, it's time to take a sober look at what actually happened, who promised what, and what the consequences will be. Global industrial carbon dioxide emissions, from fossil fuel burning and cement production, are dominating …

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Shocking inequality

Brian Kaplan* I have just finished the unpublished collection Inequality and Economic Policy: Essays in Honor of Gary Becker, edited by Tom Church, Chris Miller, and John Taylor. For me, the most striking part of the text is John Korhane’s on inequality: “The most mysterious thing is why left critics focus on the one percent in …

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Is the transition over?

Today we mark 26 years since the fall of the communist regime and the start of the so-called transition. What is happening on this day – in short, due to the crumbling socio-economic system in the USSR and the Eastern Bloc, the socialist economies can no longer live on artificial respiration and, driven by Gorbachev's perestroika, …

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