Macroeconomic Monitor
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2018.02

Ep. 2: How and why did the scandal surrounding the sale of CEZ panic the government?

In the second episode of "60 Minutes of Freedom", the founder of the Bulgarian Libertarian Society and EQUIP Stoyan Panchev, together with the editor-in-chief Georgi Vuldjev and the political expert Kaloyan Pravov, focus entirely on the scandal surrounding the sale of the Bulgarian assets of the Czech energy company CEZ. In the episode you will hear: - What a …

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The Catastrophe of the First Bulgarian Capitalism and Its Roots

Bulgarian capitalism

The first Bulgarian capitalism roughly covers the period from the Liberation in 1878 to the September 9th coup in 1944. The economic, social and cultural achievements of these decades are the subject of numerous assessments. Even the most optimistic among them do not show particularly impressive results. Results of the first Bulgarian capitalism From 1878 to 1944 …

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What is economic value? - response to Evgeny Dainov

the economic value

Evgeni Dainov, one of the most famous public intellectuals in Bulgaria, published an article a few days ago about the "economists". A text in which he criticizes at length what he describes as the "economic" way of thinking. As someone who considers himself an economist, I was of course intrigued, but unfortunately I was left extremely disappointed...

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Unified Korea – chimera or reality?

Statements from Washington, such as that of Vice President Mike Pence, that the United States is ready for dialogue with North Korea, are positive in light of the tensions that have arisen over the past year, caused by Pyongyang's series of ballistic missile tests and the US's massive military exercises on the Korean Peninsula. He commented to Ivailo …

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About Novartis and corruption in healthcare

corruption in healthcare

What happens when a country has a limited public resource for healthcare that has no clear owner? Quite simply – it is distributed according to the needs of certain market players, and the entire system starts bidding for a piece of it. What happens? This is also the case with …

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Episode 1: Lukovmarch and Antifa are two sides of the same coin

 In the first official episode of "60 Minutes Freedom", the founder of the Bulgarian Libertarian Society and EKIP Stoyan Panchev joins Georgi Vuldjev and Kaloyan Pravov to discuss the following topics: 0:55 – Lukovmarch and Antifa: Should marches like Lukovmarch (and counter-marchies like those of Antifa) be banned? How many …

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Alfred Marshall and economics as a science of human movement

Alfred Marshall

There comes a time in every person's life when he or she must decide for themselves which values will be the compass by which they will choose their direction of movement. Inevitably, this also applies to larger organisms, and here let my analogy abruptly shift to companies and countries. Lately, many different …

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Stoyan Panchev: CITUB data on incomes show a positive trend

the data of the CITUB

 Food prices in Bulgaria are approaching the average European level, Violeta Ivanova from the Confederation of Bulgarian Trade Unions (CITUB) commented in the studio of “Hello, Bulgaria”. “Our food products reach 71% of the average European price levels, and some of them, such as vegetable oils, exceed the average European levels by about 9%. The prices of milk and dairy products …

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Can stock markets grow continuously?

stock exchanges

Stock markets have been a hot topic in the media space for the past few weeks. The Dow Jones Industrial Average posted its biggest one-day drop since 2008 at the start of the month, falling 5.2% to 24,190.90 points. The S&P 500 also ended the first week of February down 5.2%, while the Nasdaq closed the week down 5.1% …

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