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Ivo Kolarov

Ivo Kolarov graduated from the University of National and World Economy with a degree in International Economic Relations. His interests are focused on corporate finance, monetary policy and securities markets. His professional career includes Hewlett-Packard Enterprise, the newspaper "Capital", and he currently works as a financial analyst at the private hospitals Acibadem City Clinic.

Budget 2017: Deficit and more spending for better or worse

The draft law on the state budget for next year does not confirm initial expectations. The government has once again accumulated surpluses this year and although the budget balance at the end of 2016 is equal to zero, a balanced budget will not be a fact next year. Instead of trying to utilize its current revenues and preserve …

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Shocking inequality

Brian Kaplan* I have just finished the unpublished collection Inequality and Economic Policy: Essays in Honor of Gary Becker, edited by Tom Church, Chris Miller, and John Taylor. For me, the most striking part of the text is John Korhane’s on inequality: “The most mysterious thing is why left critics focus on the one percent in …

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Visible and invisible hands

Douglas Rasmussen[1] It is often said that markets are guided “as if by an invisible hand” to create order and cooperation among people. Markets achieve this harmonious result through the motives and mutual interest of each person. But there is another, “older” method of organizing people, namely the way of building …

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An invitation to freedom

David Shellenberger Today I added a video introduction to my site. Thanks to James Nicoloro for the wonderful job of producing it. I wrote about it in “The First National Mark Twain Conference.” Almost 3 years ago, I wrote in my article “Libertarianism: The Political Philosophy of Compassion”: “Libertarianism is the political philosophy of compassion. It …

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Guest article: An explosive problem with a touch of managerial ineptitude and backed up by state intervention

Incidents in ammunition production or disposal plants are becoming more and more common in the news. Unfortunately, regardless of their nature and the reasons for their occurrence, they are perceived as something that happens because of private initiative in the sector. This “stone in the garden” of the free market is largely …

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