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 …
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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 …
More »The US can learn from market reforms in countries like Bulgaria
Richard Rahn, The Washington Times The growth of former communist countries is the envy of the world. Once again, there is more evidence that economic freedoms lead to success. Many of the former communist countries of Central and Eastern Europe and the Soviet Union have made enormous economic progress since they became …
More »What did they say and what did we find out about the Belene NPP?
Author: Kaloyan Staykov After the presentation on Thursday of the summary of the Final Report on the possibility of realizing the assets of the Belene NPP at the Bulgarian Academy of Sciences, the news was that the project is viable, and the focus was on the price of electricity at which this would be possible. However, these are the least important questions, as they depend on …
More »The EC monitoring report: positive, then with the opposite sign
The pretty lady in the photo is Vera Jourova, member of the European Commission responsible for justice. Under her supervision, so to speak, is the Cooperation and Verification Mechanism, in which Bulgaria and Romania agreed to participate in order to join the European Union in 2007. Within the framework of this same mechanism …
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EKIP– Expert Club for Economics and Politics A Different Opinion