In recent months, lottery games and their fans have been under serious political attack by Deputy Prime Minister Valeri Simeonov and the extra-parliamentary opposition in the person of the Democratic Bulgaria union. A bill has already been submitted to the National Assembly, which includes two main proposals – to limit (especially television) lottery advertising …
More »Bank regulations – to the detriment of both companies and consumers
The law is very rarely – or rather, almost never – a reflection of reality. On the contrary – the law is a reflection of the will of the legislator regarding what reality should be. It is for this reason that most attempts to model human behavior with the help of legislation are doomed to failure – …
More »Price controls – a recipe for economic problems
The law is very rarely – or rather, almost never – a reflection of reality. On the contrary – the law is a reflection of the will of the legislator regarding what reality should be. It is for this reason that most attempts to model human behavior with the help of legislation are doomed ...
More »The invisible effects of introducing an APR cap
It seems that the amendments to the Consumer Credit Act will be approved by parliament. According to the advocates of these amendments, they will benefit the consumer, protecting him from some allegedly bad practices of credit institutions. However, politicians often pay attention only to the visible effects that a law creates …
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EKIP– Expert Club for Economics and Politics A Different Opinion