Economic theory

For some reason, the view that libertarianism will lead to social and economic collapse, just like fascism, Nazism, or communism, is common. This article will show exactly why such “predictions” are impossible through a comparative analysis of libertarianism and fascism.

Following the first part of the series on the link between tall building construction and impending economic collapses, Kalin Mikov takes the theory behind this relationship and applies it to Bulgaria. If you haven't read the previous part, do so HERE.

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.

Over the past 100 years, we have seen several distinct parallels between crises and construction, all of which have played out quite similarly. New York’s Singer and Metropolitan Life skyscrapers were completed in 1908 and 1909, at the height of the Panic of 1907. In the early years of the Great Depression, New York City’s buildings were rediscovered…

Over the past two decades, each government has been entrusted with hopes of an economic “revival”, of prosperity and social justice. However, only about six months after coming to power, the enthusiasm has always disappeared, and scandals and accusations of corruption, revenge and economic clientelism have taken over. Perhaps the current government is an exception.

Is gross domestic product a good indicator of the size of the economy? Does it measure growth? What are its shortcomings?

Yesterday there were protests again against high electricity prices. Those who took to the streets are not satisfied with the level of the price they have to pay for electricity consumption, and this makes sense and is understandable to some extent. Every consumer wants to pay as low a price as possible for the goods they consume.