Macroeconomic Monitor
Начало / 2021 / януари

2021.01

How an Internet Forum Confused the Plans of the Entire Financial Industry

Hello, dear investors and traders. Have you been following the markets lately? Some of you may have already noticed that something strange is happening with GameStop (GME) shares. Over the past two or three days, financiers have been appearing in some media outlets complaining that a sub-forum on Reddit (r/wallstreetbets) is almost manipulating the price. As …

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Is anyone still talking about a quick "V"-shaped recovery?

Do you remember when "smart heads" were roaming the television studios six months ago to comfort us? They were talking about how the crisis may be deep, but it will be short? How we will already be in recovery by the fall? How in 2021 we will fully recover to the levels of economic activity of 2019? How the trajectory of …

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An alternative solution for the fate of the second pension pillar

the second pension pillar

Six years ago, on a pre-holiday December evening, hundreds of Bulgarian citizens protested in the center of Sofia against the nationalization of the second pillar of the pension system. A group of enthusiasts organized this happening under the slogan "Hands off pensions" to protect the private, real savings of every working citizen of ours. By …

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A Historical Hitchhiker's Guide – The Market in the Bulgarian Renaissance

The market process played an important role in the development of Bulgarian society before the Liberation. It steadily penetrated even into spheres and areas that were perceived as isolated from it. Its spontaneous manifestations left an imprint on educational work, cultural institutions and social life. Read through the prism of voluntary exchange, supply and demand …

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Official co-payment in hospitals at a clear rate - why not?

When it rains heavily, the first thing that emerges from clogged manholes is mud. In political terms, it can be said that populism is at its peak precisely in the years of severe economic and health crisis that we are in. Changes are inevitably coming, and they are of key importance. What will be the course of …

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34. 2020 - a bad year, bull markets. What will 2021 be like? (with Alexander Karolev)

EKIP · 34. 2020 - лоша година, бичи пазари. Ами 2021? (с Александър Каролев) 02:55 – Колко грешни бяха прогнозите ни за 2020? 09: 13 – Колосалният пазарен срив през март 2020 – какъв беше мащабът на кризата причинена от Ковид-19? 18:50 – Каква беше реакцията на правителства и централни …

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How wealth is created

The following material is a translation of an article published on August 1, 1981 with the original title "What Causes Wealth?" by Roger Ream. The subtitles and formatting are by the translator. The original article can be found on the FEE website. The current translation is published under the Creative Commons Attribution 4.0 license …

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Free speech, social media and the law

social networks

Free speech and its attacks are always relevant. Especially in recent days. Trump's banishment from Twitter and the removal of the Parler platform from Apple and Google stores are yet another reason to remember that freedom of expression is perhaps the most important of the entire set of fundamental rights, the achievement of which …

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Books are not fast food: How to read and how NOT to read

how to read

Happy New Year! How many books did you read in 2020? Don't worry, I'm not here to judge you or compete with you, as you're probably used to when someone asks you this question. In fact, I'm here to do the exact opposite. Let me tell you that this is exactly how many books you read in the past …

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