Highlights: - Growth in construction production slows slightly but remains significantly above the average levels for recent years - According to the EC, a bubble is forming in the construction sector, which is stimulated by cheaper mortgage lending - Consumer inflation continues to accelerate, inflation of manufactured goods remains unchanged - Industrial production ...
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The life and philanthropy of Ivan Denkoglu
On November 30, 1781, Ivan Denkoglu (Ivan Nenov Denkov) was born. He is known as the "benefactor of Sofia" and is one of the great donors of education and science during the Bulgarian Renaissance. Denkoglu was born into a poor family of the tailor Neno in the Sofia village of Balsha. As a child he was a shepherd ...
More »How can we improve the subsidization of political parties?
Author: Alexander Mihaylov Recently, the topic of party subsidies has been on the agenda again. All parties that have independently appeared in parliamentary elections and won over 1% of the vote receive a subsidy, while for coalitions this threshold is 4%. After the last parliamentary elections, of course, all parties represented in parliament receive a subsidy …
More »A dialogue with Socrates on the essence of left and right in politics
Author: Brian Kaplan (Backstory: Greek luminaries Socrates, Pericles, and Leonidas traveled via time machine from Antiquity to the 21st century. A few months after being immersed in the modern world, Pericles is a staunch follower of what in modernity we call the “left,” while Leonidas is an equally staunch follower of the “right.” Socrates, unlike …
More »How does the free market protect cultural heritage?
Or how foundations or other non-governmental organizations take care of cultural heritage around the world without government subsidies. Capitalism and the free market often receive criticism for topics related to products or activities that would not generate profit on their own, i.e. they cannot exist limited to their own budgets with their own …
More »Applied Sex Economics and Its Underground Followers
With the campaign and election of Trump, a number of phenomena with roots in the hidden corners of the internet gained greater visibility in the public sphere – meme culture, troll wars, alt-right crypto-fascism, YouTube intellectuals, etc. One of the interesting online subcultures that has attracted the attention of even mainstream media outlets like the Guardian are the so-called …
More »The real debate about Bansko
The life of Bansko residents is directly connected to the mountains - 60% of the municipality's economy is tourism, restaurants and entertainment and sports sectors. Nearly 47% of the workers find a living in these economic activities, with even the next largest employers (the furniture industry) and agriculture having a connection to the location of Bansko and Dobrinishte and the rest ...
More »Pencho Penchev and Stoyan Panchev on the economic history of Bulgaria before 1944
A different perspective on history
The history we are taught in school and presented to us by the daily media consists mostly of political events, processes and leaders. The course of world history is viewed through the entire series of political processes, including declarations, revolutions and elections. Thus, progress in it is measured through the prism of …
More »How to create a good economic model?
Modern economists use a range of statistical methods, ranging from extremely complex ones to simple displays of historical data. It is generally accepted that through statistical correlation, historical data can be transformed into useful information, which in turn can serve as a basis for assessing the economy as a whole. Unfortunately, this …
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EKIP– Expert Club for Economics and Politics A Different Opinion