Having examined the global demand profile for gold and silver in the first part of this series comparing gold and silver as investment alternatives, let us now turn our attention to the price dynamics of the two metals. By comparative analysis of trends in the price movements of gold and …
More »2018.02
Episode 0: Koshlukov, the causes of the right, the Istanbul Convention, the new coalition in Germany
Dear readers, We present to your attention the pilot episode of the new EKIP podcast - "60 Minutes of Freedom", featuring our editor-in-chief Georgi Vuldzhev and political expert Kaloyan Pravov. Within the framework of this podcast, we will try to present our reading and perspective on current political topics from …
More »Who does the state help when it promotes the economy?
Bulgarian economic history cannot provide a universally valid answer to this question, but it can suggest in which direction to look. Therefore, it is worth paying a little attention to some of the supposedly “generally accepted” truths about Bulgaria’s economic past. Among them, one can point out the almost axiomatic statement that the economic …
More »The past year 2017 marked a boom in growth in all sectors of the economy.
Highlights: - Construction production falls in December, but it is still early to talk about a reversal of the strong upward trend in the sector - Inflation also slows, both in consumer and manufactured goods, but remains high - Lending accelerates slightly, with housing lending growing at the fastest pace towards …
More »Steve Hanke: Bulgaria would make a mistake if it adopted the Euro
Author: Steve Hanke, Forbes.com After Bulgaria escaped communism in 1990, Bulgarians experienced several hardships. The economy collapsed, there were bankruptcies, and this Balkan paradise experienced hyperinflation, reaching a staggering 242% in February 1997. Yes, on a monthly basis. Anticipating many of the problems that follow currency devaluation, I became …
More »How the National Assembly introduced a "dry regime" for the sale of commercial enterprises
1. The latest amendments to the Labor Code and their true purpose On December 22, 2017, in the Official Gazette, No. 102 of 2017, the Law on Amendments and Supplements to the Labor Code (“LALC”) was promulgated[i]. Most provisions entered into force on the day of promulgation[ii]. It is evident from the LALC itself that the true purpose of the legislative …
More »State priorities in education: theory versus practice
According to a series of state strategies, "informatics, information and communication technologies are a national priority." However, according to the actual actions of the Ministry of Education and Science, the following things are happening: They are forcibly closing classes in mathematics high schools in Ruse, Burgas, Vratsa and Plovdiv so that students can enroll in other declining schools, ...
More »Jane Jacobs: How the Left Idolized One of the Greatest Deregulators of the 20th Century
Jane Jacobs is a curious figure – one of the legendary civil rights activists in the United States, without a college degree, she sees herself as an economist, but with the greatest influence on urban planning. She was born in 1916 and became famous for her book “The Life and Death of Great American Cities”, which was published in …
More »In defense of delegated budgets in education
Delegated budgets have long been tickling the consciences of union leaders and politicians from the left spectrum, because they sharply touch their big wound - it is not "equal" and it is not "fair". Their idea, of course, is not for everyone to work equally (that is impossible) and receive equal ...
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EKIP– Expert Club for Economics and Politics A Different Opinion