In public choice theory (which became particularly popular after the Nobel Prize for one of its founders, James Buchanan), there is talk of the so-called "rational ignorance". It is a situation in which the expenditure of resources (time, attention, effort, etc.) required for a person to become informed on a given issue exceeds the potential benefit of learning ...
More »Guest article: Politics is for everyone
Kalin Manolov On January 22, 2015, the Supreme Court of Cassation (SCC) – the General Assembly of the Chamber of Commerce referred the Constitutional Court of the Republic of Bulgaria with a request for interpretation of Art. 12, para. 2 of the Constitution. The article states: “Citizens’ associations, including trade unions, may not set political goals and carry out …
More »A brief history of the world
Boyan Rashev Once upon a time there were two tribes that lived far from each other, and between them was the Great Water. Quite by chance, on the same day, smart people from both tribes invented the wheel while trying to drag a pile of cut wood to their villages. A historic moment! The smart ones who lived west …
More »Guest Essay: A Brief History of the World
Boyan Rashev Once upon a time there were two tribes that lived far from each other, and between them was the Great Water. Quite by chance, on the same day, smart people from both tribes invented the wheel while trying to drag a pile of cut wood to their villages. A historic moment! The smart ones who lived west …
More »The myth “Bulgaria will get better when politicians start listening to the People.” Part One: Who is “the People”?
Georgi Zayakov One of the most frequently repeated mythologies during the transition is that Bulgaria will recover only when politicians start listening to what "the People" tell them. Nostalgic people, for example, are dying to sculpt the image of Todor Zhivkov as a great politician, because he was the only one who listened to the people's wishes. And …
More »Guest article: The myth “Bulgaria will get better when politicians start listening to the People”. Part one: Who is “the People”?
Georgi Zayakov One of the most frequently repeated mythologies during the transition is that Bulgaria will recover only when politicians start listening to what "the People" tell them. Nostalgic people, for example, are dying to sculpt the image of Todor Zhivkov as a great politician, because he was the only one who listened to the people's wishes. And …
More »Government at all costs
A month after the early elections in October, Bulgaria has a new coalition government, which includes GERB and the Reformist Bloc. The successful vote on the cabinet of 18 ministries came after the coalition partners managed to win the parliamentary support of the ABV and the Patriotic Front. Deprived of a majority in parliament, …
More »The myths of Russian propaganda
The Cold War was much simpler than the conflict with Russia that has been unfolding in recent months, many NATO leaders have acknowledged. This is due to two circumstances – first, the Kremlin chose to wage its new war against the usual rules of engagement, sending soldiers without insignia in support of …
More »The Financial Fair Play rule or how UEFA wants to maintain the status quo in European football
Miroslav Alexandrov Financial Fair Play was created in 2013 with the aim of improving the financial situation of football clubs by preventing them from spending more than they earn (or more precisely, no more than 5 million euros for any 3-year period) in their pursuit of quick success. UEFA's good intention was to …
More »The political mechanism, democracy and efficiency
On October 5th, many will head to the polls. The purpose of voting – at least for most of them – will undoubtedly be to improve their well-being, help resolve social conflicts, and redirect resources to the most important public areas for them. But let's see if the political …
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EKIP– Expert Club for Economics and Politics A Different Opinion