The basic facts about the history of Eastern Rumelia are well known. It was created with the consent of the main European powers, including the Ottoman Empire and Russia. According to the decisions of the Treaty of Berlin (July 13, 1878), the region has administrative autonomy under the direct authority of the Sultan. His representative is the Governor-General (Chief Governor), who …
More »What is worth knowing about Bulgarian socialism III: Industry
Industrialization is one of the visible dimensions of the economic and social modernization experienced by developed capitalist societies in the 19th century. The process of the emergence of industrial structures is a complex result of relative spiritual, economic and scientific freedom, security of private property and appropriate institutional structure. Communists put industrialization among their main economic …
More »What is worth knowing about Bulgarian socialism II: The economy
The economic bankruptcy of socialism has long been convincingly proven by Ludwig von Mises and Friedrich Hayek. In the absence of private ownership of the means of production, there is no market, and without a market, money prices cannot be formed. Without prices, rational production, construction, etc. cannot be organized. Separately …
More »What is worth knowing about Bulgarian socialism I: The Terror
Bulgarian socialism is like any other socialism – a well-intentioned, but clumsy and often bloody socio-economic experiment. At the national level, the common characteristics manifest themselves in a specific way. This is how the sweet native picture of the Bulgarian socialist past is born. In several consecutive publications we will focus on the Bulgarian manifestations of typical …
More »The market as an unrealized alternative for the Bulgarian economy
The emergence and spread of socialism, national socialism and fascism is not simply the result of an unfavorable combination of circumstances. These ideologies and their mutations in the conditions of various crises have the dangerous charm of convincing part of the masses of their rightness. In addition to being inhumane, they are also anti-market. When after September 1944 the Bulgarian …
More »A story about a joint-stock company with state participation
The joint participation of state and private capital in economic initiatives has long been a familiar practice. The reasons and conditions under which it is implemented are different. Historical experience in Bulgaria shows that the results of such "cooperation" are questionable. However, this is not all. In fact, cooperation degenerates into mutual deception between private ...
More »An atypical Bulgarian politician
The peculiarities of political life are such that the most adaptable survive in it, and they are usually not the smartest, most honest, most talented, or most worthy representatives of the human race. Natural selection in the political jungle often brings to the fore people of dubious moral qualities. There are exceptions to this rule, of course, and they deserve ...
More »The beginning of specialized economic knowledge among Bulgarians
In modern times, economic knowledge with claims to be scientific is highly specialized. To such an extent that even professionals do not understand and do not know all its aspects. Economic science, on the one hand, uses the achievements of a number of other sciences, but on the other hand, it analyzes all aspects of human existence. The described situation …
More »The roots of the Bulgarian Academy of Sciences
The origin of institutions does not directly determine their subsequent structure, functions and activities. Even the best ideas and most useful organizations can completely change and not correspond to the original principles and intentions of their creators. In a sense, such is the fate of the Bulgarian Academy of Sciences, which claims to be …
More »The Bulgarian Army: Heroic feats intertwined with financial and other abuses
The Bulgarian Army was formed as one of the important national institutions after the Liberation. It was supported by Bulgarian taxpayers and was entrusted with the task of protecting the national state in the powder keg called the Balkan Peninsula. Some of the truest heroes, before whom we rightly bow our heads, served in the Bulgarian Army. Part …
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EKIP– Expert Club for Economics and Politics A Different Opinion