In recent weeks, two proposals to ban gambling ads have emerged from remarkably diverse sources. First, Deputy Prime Minister Valeri Simeonov said that gambling ads, specifically targeting the lottery, are "outrageous" and the NFSB is drafting a bill to ban them, and this week, the newly formed extra-parliamentary coalition "Democratic Bulgaria" also came out with ...
More »2018
Joining the Eurozone carries many more risks than benefits
The more there is talk about the potential adoption of the euro in Bulgaria, the more often the argument is made that our country will be able to attract more investment in this way. This is the main line along which it is claimed that entering the Eurozone will enrich Bulgarian citizens – more investment means more jobs …
More »Let's smoke Valeri Simeonov!
Seriously! The man has all the qualities to be a leader. He has shown it with his years in business, he shows it in his emotionally charged parliamentary life. He also has all the qualities to stay in power or around it for a long time. He knows what you have to do when elections are coming up, and …
More »Ep. 9: Are the corruption allegations against Desislava Ivancheva true?
00:45 - The showy arrest of the mayor of "Mladost" Desislava Ivancheva. Is she really guilty? What do we know about her? What did she do as mayor of Mladost and are the numerous accusations of corruption and incompetence true? 23:10 - What could be the consequences for the reputation of the new coalition "Democratic Bulgaria", in ...
More »What is Libertarianism: Key Ideas and Concepts?
The key ideas of libertarianism have been developing for many centuries. The first hints of them can be found in ancient China, Greece, and Israel; they began to develop into something resembling modern libertarian philosophy in the work of thinkers such as John Locke, David Hume, Adam Smith, Thomas Jefferson...
More »The beauty of the uncontrollable city
The dream of the perfect city is almost as old as civilization itself. Whether city planners dream of parallel and perpendicular straight streets, or radial streets intersected by smaller and larger rings of "rings" or some other variation - proto-urbanists' attempts to create the ideal urban environment have been around for centuries. Older than them...
More »Ep. 8: Are Viktor Orbán's economic policies right-wing?
00:40 - How and why did Viktor Orbán manage to be re-elected as Prime Minister for the third consecutive time in Hungary? What is his popularity due to? What are the nature of the economic policies he pursues? What are the similarities between the governments in Poland and Hungary in this regard? 42:50 - The conflict between …
More »The minimum wage and the extent to which the state is rational to intervene in its pricing
At the end of last year, the cabinet proposed that the minimum wage in Bulgaria be increased to 510 leva in 2018. The administrative increase in the minimum wage is a frequently used tool by the state to "fight poverty". In practice, however, this increase has a negative impact on employment and the investment climate. …
More »12 economic ideas everyone should be familiar with
Richard N. Lorenz, FEE When I tell someone that I work at the Foundation for Economic Education, I often get the question back: “What are the economic ideas that people need to understand?” At FEE, we’ve been thinking about this question a lot in our articles, coursework, seminars, and videos. We’re generally …
More »In Defense of Property (excerpt from David Friedman)
Author: David Friedman, translation of an excerpt from "The Machinery of Freedom" The concept of property is of fundamental importance to our society and probably to any functional society. On an operational level, it is understandable to any child over the age of three. On an intellectual level, however, almost no one …
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EKIP– Expert Club for Economics and Politics A Different Opinion