Economy

The upcoming deal with POK Doverie has caused serious controversy, with one of the most widespread opinions being Dimitar Sabev's article "Distrust in the Second Pillar", published on the Solidarna Bulgaria website. As we can assume from the title of the media outlet, the article's bias is quite anti-market (after all, as we have been told many times before...

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.

With the deepening of the debt problems in the Eurozone in 2008 and the subsequent entry into recession, promises at the parliamentary level began to multiply, ambitions sharpened, and the path to growth seemed so clearly outlined that ... five years later, it is hard to believe how far we actually are from the dreamed-of recovery.

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.

At the BSP plenum on Friday, Prime Minister Oresharski presented his action plan to his socialist colleagues. The Oresharski Plan - also known as "protest as much as you want, don't bother me" - contains the priorities of the "program government" of the ruling BSP-DPS coalition.

At the BSP plenum on Friday, Prime Minister Oresharski presented his action plan to his socialist colleagues. The Oresharski Plan - also known as "protest as much as you want, don't bother me" - contains the priorities of the "program government" of the ruling BSP-DPS coalition.

Today, the Bulgarian parliament approved the government's budget update proposal in first reading. The bill envisages an increase in the deficit from the current 1.3%/GDP to 2%/GDP and raising the ceiling for issuing new debt this year from BGN 2 billion to BGN 3 billion.

More than a month of protests involving thousands of people do not seem to bother the ruling party – they not only have no intention of resigning, but also continue to pursue harmful policies. The latest manifestation of this was the update of the state budget. The article will analyze the arguments that justify this move.

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…