Macroeconomic Monitor
Начало / 2016 / юли

2016.07

Rejecting the referendum will bring Trifonov to power

The Constitutional Court cut off half of Slavi Trifonov's referendum, and the very next morning the TV presenter hinted for the first time about entering politics. As we already wrote a month ago, this was completely predictable - Slavi's political bid goes through a politically cut or truncated referendum, and not through a successful or ...

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Interview: Pin your hopes on radical decentralization

Interview with Hans-Hermann Hoppe for the Polish weekly Najwyższy Czas! What is your assessment of contemporary Western Europe and the EU in particular? All political parties in Western Europe, regardless of their different names and programs, gravitate around the fundamental idea of democratic socialism. They use elections to legitimize the taxation of the productive parts of …

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How the ECB's monetary policy pushed Italian banks to the brink of bankruptcy

As it became clear last week, the banking sector in Italy is in a serious financial crisis and many of the country's largest banks are facing bankruptcy, which is why they need an urgent injection of capital. In the midst of the dispute between Italian Prime Minister Matteo Renzi and statesmen in Berlin and Brussels ...

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Venezuela has made it impossible to grow businesses (and illegal to close them)

Rachel Cunliffe Businesses in Venezuela have a problem. In fact, almost everyone in Venezuela has multiple problems. Starvation, for example. Shortages of basic goods. Understaffed, understaffed hospitals and a lack of medicine. A corrupt and increasingly militarized government determined to protect the current president, Nicolas Maduro, at all costs. But businesses, especially factories, are …

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Introduction to the Austrian School of Economics - Part Two

Chapter I, Part 2* You can read the first part HERE Life is a series of ups and downs In economic theory, there are similar analogous reversals - the constant alternation of a strong economic boom and an almost as long economic downturn. There are different opinions, theoretical and practical explanations for the emergence of business cycles. According to the "mainstream" ...

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Criticism of veganism from an insider

When I decided to change my eating habits in late fall 2014, I was worried about how my family, friends, and loved ones would react. I was afraid of the amount of arguments I would have to have to defend my conscious choice not to eat meat. What I expected happened, but …

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Nationalists vs. Federalists – the False Clash

The events surrounding and especially after Brexit have once again brought to the forefront the fundamental debate about what the right "recipe" for the European Union is – is a Europe of nation states better than a united and centralized Europe? On one side of this argument stand the Eurosceptic nationalist movements of the Old Continent – UKIP, …

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