Economy

By Jeff Deist, Mises.org Bloomberg Terminal, the financial software used by countless analysts and traders around the world, has a problem: its system can’t price bonds that use negative interest rates. The programmers never even considered such a situation possible, so they didn’t …

Media appearances in August covered the presentation of our new study against the restriction of cash payments, healthcare, is a new economic recession coming, and the accuracy of drug tests used by the traffic police. The latest economic analysis of the EKIP - "Regulations on cash payments and their effects" presents evidence that ...

Two years after the last attempt to remove the cap on cash payments, it is time to raise the topic again. But this time, not to remove it, but to increase it, or better yet, to remove it completely. The Expert Club for Economics and Politics recently published a report, …

| Full text of the analysis | A number of proven patterns in economic science indicate that restricting cash payments would not have a significant effect on the size of the shadow economy. The latest report by the European Commission on the effectiveness of restrictions on cash payments in the European Union unequivocally confirms that …

Mass industrialization under central planning In his memoirs published after the fall of the Bulgarian Communist Party regime, Todor Zhivkov wrote that his government returned the gold reserve back to Bulgaria. This is perhaps one of the most notorious lies of the communist dictator. Contrary to Zhivkov's claims, in the 1960s …

Author: Natali Hristova Why are we even bothering with the Belene NPP when we can neither finance it nor need the electricity? Moreover, it is doubtful to what extent the EU will allow it, especially considering the use of old Russian technology in a seismic region and with a lack of diversification in the particularly important sector of …

When the idea of the Eurozone was actively promoted in the 1980s and 1990s, the main advantage of the future monetary union was the expected "convergence" or, in other words, the rapprochement that it would bring about between the different member states. The idea is that, through the shared currency, the economies of the different member states would …

Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center. (The text is Romanchuk's recommendation for tax reform in Ukraine) The world is rapidly developing in the direction of breakthrough technologies of the IV industrial revolution. Since the end of 2010, communication between people has been fundamentally different from before …

In the midst of summer, our experts were sought after by the media on topics such as: healthcare, taxes and the tax system, pension system reform, stress tests of banks in the country. The month was marked by the extremely high activity of our health economist Arkadi Sharkov in the media space. In the program "Direct" on BulgariaOnAir television, …

Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center Libertarianism is a worldview formally unknown to the majority, and Ukraine is no exception. People rarely study right-wing political philosophy in depth. Even intellectuals give contradictory, often completely opposite definitions of the term “freedom”. Namely, freedom is …