Author: Stilgar This article aims to introduce non-programmers to how Bitcoin works on a technical level. How is it possible that there is no central server and no one controls it? Although the explanation is simplified, this is not a text with inaccurate metaphors, but a serious description with mathematics. Although …

Author: Georgi Vassilev, attorney at law firm "Benov, Vassilev and Natskov" "Builders stop selling greenfield properties", "Because of the jump in prices, greenfield property deals are stopped", "Shock for the property market! Greenfield deals are stopped" - these and other similar headlines have abounded in the media space over the past few months. The reason for …

Author: Stefan Antonov On July 10 (the day before the elections) it will be one year since Bulgaria and Croatia were admitted to the waiting room of the eurozone and the banking union. GERB's decision to push in this direction became a fact despite legitimate and well-founded concerns that the state was taking unacceptable risks. The period since its …

EKIP: Dear readers, we present to your attention an extremely valuable analysis of the "Theory of the Optimal Currency Area" and Italy's experience in introducing the euro. There are many useful things that can be learned from the experience of other countries in joining the eurozone, from which Bulgaria should learn a lesson. On …

Guest author: Kristiyan Hristov This article is a continuation of "Left, Right Undetermined: The Compass Remains Broken" from "2020: Inside and Beyond" Eleven days after Election Day and on the day of the first session of the 45th National Assembly (fortunately in the right building), the left-right divide still does not exist. Again, the divide …

Authors: Georgi Stoyanov, Georgi Karavasilev Many people question the meaning of exercising their vote in the current system of representative democracy. Nevertheless, when it comes to not only who gets to spend the money you stole, but also who is going to steal even more to fulfill some of the …

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 …

Excerpt from the book "The Machiavellians: Defenders of Freedom" by James Burnham part 4 - chapter 3 (Burnham, “The Machiavellians, defenders of freedom” pp. 189-202; Published June 1st 1988 by Gateway Editions (first published January 1st 1943). Translation: Stefan Radev Editor's Foreword: James Burnham's "The Machiavellians" is the most important book on politics, …

Author: Stefan Boyadzhiev “Variety is life, uniformity is death.” Benjamin Constant is one of the most notable and colorful representatives of the generation of classical liberals between Montesquieu and Tocqueville. Unfortunately, to a large extent, he shares the fate of another great French thinker, Frederic Bastiat, and remains poorly recognized by future generations, which …

Author: Georgi Alipiev The subject of poker is vast – it has many varieties, but in its most popular form, Texas Hold'em, where each player is dealt 2 cards and five more are placed on the table, the total number of possible statistical combinations of the player's 2 cards and those of the ...