Often, when something in the economy or politics of their home country is bothering them, Bulgarians start comparing themselves to the countries of Western Europe and the United States, which are supposedly considered models of the good life. However, the Western world has changed a lot in the last few decades, from a symbol of capitalism and ...

I did it, finally traveling the miles to attend one of the largest gatherings of libertarians in the world. It was the International Students For Liberty Conference 2015, held from February 13 to 15 at the enormous Marriott Wardman Park, the largest hotel in Washington, D.C. The event of the year brought together more than 1,000 …

Sean Reagan The debate over the Arctic National Wildlife Refuge resurfaced last week when the Obama administration announced new restrictions on Alaska's vast, oil-rich landscape. The Interior Department is placing 30,000 square miles of ANWR under a drilling ban, and the president is asking Congress to designate the reserve...

In early January, Eurostat data was released showing the first annual deflationary episode in the Eurozone since 2009 – the overall price level fell by 0.2% between December 2013 and the same month in 2014. This sent the European Central Bank and a large number of Keynesian economists into a panic. From …

Don't believe that raising the minimum wage hurts real people? After March 31, a famous science fiction bookstore on Valencia Street in San Francisco's Mission District will no longer be able to satisfy your fantasy tastes: "The change in the minimum wage will mean that our costs ...

The following text is a continuation of the debate between Petar Volgin and Petar Ganev "FOR and AGAINST the social state", organized by the Bulgarian Libertarian Society. The audience at the Studio 5 club, where the clash of ideas took place, had many more questions than time allowed, so both participants agreed to …

Undoubtedly the most important event on the European political scene at the end of January was the decisive victory of the far-left party SYRIZA in the early parliamentary elections in Greece. Although it fell two seats short of an outright majority, the equally extremist (but at the other end of the spectrum) Independents came to the rescue.

Kalin Manolov On January 22, 2015, the Supreme Court of Cassation (SCC) – the General Assembly of the Chamber of Commerce referred the Constitutional Court of the Republic of Bulgaria with a request for interpretation of Art. 12, para. 2 of the Constitution. The article states: “Citizens’ associations, including trade unions, may not set political goals and carry out …

Frank Hollenbeck Greece is back in the headlines. This should come as no surprise to anyone. It would be naive to think that the Greeks would accept to remain in debt forever. Despite all the rumors that Greece will be forced to leave the eurozone, there is actually no such mechanism through which the member states of the European Union (EU) …

For the Christmas and New Year holidays, the government decided to give us a "small" surprise. In just a week, controversial changes to the Social Security Code (SSC) were voted on without any public debate or preliminary assessment of the impact of the adopted regulatory texts. Many question marks, disappointments and future economic shocks were tried by the government ...