“I am right-wing, but when it comes to investments, I don’t see a solution on the right. If a factory needs to be built in a place like Macedonia, for example, you can’t just rely on economic freedom and low taxes. Even if taxes were zero in Macedonia, investors would want to invest…
More »Misunderstood fairness of taxation
Often in the public sphere, elected politicians become the center of attention, talking about the “fairness” of taxation. But is there justice when the net benefits for certain groups of individuals are created as a result of the forcible seizure of property from the rest of society? When support for poorer citizens goes through the imposition of …
More »Guest article: Misunderstood tax fairness
Ivelina Petrova Often in the public sphere, elected politicians become the center of attention, talking about the “fairness” of taxation. But is there justice when the net benefits for certain groups of individuals are created as a result of the forcible seizure of property from other members of society? When support for poorer citizens goes through …
More »On the welfare state – myths, lies and the left space
At the beginning of December, I traditionally groan under piles of final economics and philosophy tests and essays from my students at Northwood University in Michigan. This year, I decided to take a break by listening to a recording of an event organized by my friends at BLO – a debate between Petar Ganev from IME and comrade …
More »Nineteen overlooked effects of income redistribution. Part Two
7. As a result of the previous two consequences, society as a whole becomes more divided and hostile. It begins to resemble a true community less and less. Instead, society divides into aggressively minded groups, with some groups viewing others as oppressors. People lose their sense of belonging to a community, …
More »The myth “Bulgaria will get better when politicians start listening to the people”. Part Three: More examples and conclusions
V. Privatization and concessioning of state and municipal property: This last article brings together several subtopics. What they have in common is that they are systems that are an example of inefficiency and are on the verge of collapse, but there can be no question of taking radical measures to solve the problems, …
More »What's behind Britain's economic "recovery"?
Six years after the collapse of Lehman Brothers, the UK is one of the few developed economies to have managed to regain its pre-crisis level of output (measured by gross domestic product) and is even expected to be the fastest-growing economy among the G7 countries this year. In the third quarter …
More »The minimum wage and its effects on the labor market
The time has come for the drafting and adoption of the state budget, and, as we have become accustomed to every year, there has been talk of increasing the minimum wage (MW). Along with its other social measures, the so-called “right-wing” government has decided to increase the MW twice next year – at the beginning and in the middle …
More »Nineteen overlooked effects of income redistribution. Part One
It is often argued that income inequality is bad for society and that the state should intervene and transfer income - supposedly from the rich to the poor - to restore a healthy balance. This is a topic that was also present in the recent public debate between Peter Volgin and …
More »Public Procurement and European Projects – Highlights from the Bizmonitor Report September 2014
Despite the unstable political situation over the past year, public procurement in the Republic of Bulgaria has maintained relatively stable levels in terms of the number of launched procurements and the amount of their financing. On the other hand, in anticipation of the start of the new programming period 2014-2020, the number of …
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EKIP– Expert Club for Economics and Politics A Different Opinion