debts

Private enforcement agents (PEAs) are even ahead of banks on Ms. Manolova’s list of enemies.[i] A closer look at her arguments reveals that “PEAs” are blamed for fees and procedures that are neither their fault nor their income, but are often one of the few options for debt collection. …

Last week, Finance&Development (F&D), a magazine published by the International Monetary Fund, became a favorite reading for leftists around the world. Trying to ignore what was happening in Venezuela, the fans of the planned economy began to spread the F&D article, bearing the very significant title “Neoliberalism: Overrated?”[1], rubbing their hands in satisfaction that you see …

Last week, Reuters reported that the government had selected the managers for a new government debt issue worth a total of 3.9 billion leva. As a right-wing economic thinker who views budget deficits financed by debt as extremely harmful to an economy, I could not pass up this …