Macroeconomic Monitor
Начало / 2017 / септември (страница 3)

2017.09

The electric car revolution

electric cars

Author: Georgi Angelov, Senior Economist, Open Society Institute In the late 19th and early 20th centuries, electric cars were preferred – they were quieter and more comfortable, and they also did not require a crank and manual start, like internal combustion engines. Over time, however, petrol cars overcame these problems: the electric starter …

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My Robot Colleague: Job Automation and Its Consequences

automation

In 2016, industrial robots won the presidential election of the world’s largest economy for Donald Trump. No, artificial intelligence has not yet reached a level where it can consciously make decisions on its own (including in the field of politics), nor have concerned activists influenced R2D2[1] or its more primitive …

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Lenin on the devastation and poverty caused by communism in the early years of the USSR

Dear readers, EKIP presents to your attention a modern Bulgarian translation of "New Economic Policy" - a speech by Vladimir Ilyich Lenin, delivered before the second All-Russian Congress of Political Educators in the USSR in 1921 - a text from which we can learn a lot about the true nature of the communist socio-economic system and its catastrophic consequences, ...

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The problem is not parallel export of medicines, but low incomes

parallel export of medicines

Author: Kaloyan Staykov In mid-August, the government published for public discussion warmed-up proposals for reform of the drug policy, with the focus on improving access to medicinal products in the country. The problem with access arises mainly for two reasons: parallel export[1] – it is envisaged to create a restrictive list of medicines whose export can be …

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The advantages and disadvantages of international trade

international trade

Author: Simona Zlatkova The purpose of this article is to analyze the publication “Indirect Damages” (ed.), published in the Economist magazine in July last year, and by building a comparison with the information provided by the US Chamber of Commerce a few months later, to build an argumentative structure that allows everyone to give their own answer to the ongoing …

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Why are workers in the US against raising the minimum wage?

raising the minimum wage

By John McDermott, MEL Magazine A few weeks ago, researchers at the University of Washington published a new study that found Seattle’s attempts to improve the economic prospects of the city’s working class have backfired. Seattle is one of many U.S. cities that are gradually raising the minimum wage to $15 an hour in …

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"Game of Thrones" is a story about the corrupting power of absolute power.

absolute power

Brittany Hunter, Foundation for Economic Education Power is intoxicating. It can corrupt even the most principled of people, destroy entire civilizations, and bring long-standing regimes to their knees. The moment one person is consumed by the thirst for power, others are nothing to them…

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The "Trump" effect on the US economy and markets?

the Trump effect

Author: Georgi Angelov At the end of April, Donald Trump completed his first 100 days as US president. His election in November already caused polarized reactions. Trump's supporters and his team claimed that the new president would radically change the way Washington works and greatly accelerate the economy. His opponents …

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