Many naive observers of the market economy dismiss concern for the “bottom line” as a purely accidental social custom. To these critics, it seems absurd that a factory producing, say, drugs or toddler shoes would stop where the owner judges that profit is maximized.
More »What can we learn from South Korea's education system?
It is often discussed how Bulgaria (as well as other countries from the former socialist bloc) should adopt Western culture and production methods. Unfortunately, the West, having quickly forgotten its lessons from the socialism of the last century, has with a cheerful and naive leap set off on the path to the same system that it spat out so much...
More »Unconditional basic poverty
The idea of a so-called unconditional basic income (UBI) has gained some popularity in recent weeks. It represents a minimum amount that every citizen of a country would receive, regardless of whether or not they work. Why a UBI is a bad idea, read here.
More »What do you call a person you don't know? Stranger.*
From a moral perspective, what are you forbidden to do to a stranger? You can't kill him. You can't assault him. You can't enslave him. Also, you can't rob him.
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EKIP– Expert Club for Economics and Politics A Different Opinion