|Full text of the report| English version | An important moment is approaching for consumers of tobacco and tobacco products in the European Union. It is expected that in December this year the European Commission will present a draft for the renewal of the Tobacco Excise Duty Directive 2011/64/EU. In the coming months, the European institutions, represented by the Council …
More »How is speculation (not) tamed?
The ideas and historical events discussed in this article can also be seen presented in this video. Speculation, in the words of economist Assen Hristoforov, is an action by a producer, entrepreneur, or trader "with the intention of realizing more than normal profits in a relatively short period of time thanks to the special state of the market." …
More »What is the reason for the gender pay gap?
The gender pay gap is a topic that has shaken Western societies for at least a decade. Fortunately, in our country, despite attempts to create a local activist hubbub, the topic is still being viewed with a sober mind. There are good reasons for this, but it is still useful to look behind the numbers …
More »S2E5 - Successful Business with Ivaylo Penchev
In this episode: - How to defeat 90s pussies? - Is it difficult to do global business in Bulgaria? - What is business responsible for and not responsible for? - What is Ivaylo Penchev's management philosophy? For greater convenience, we recommend downloading the podcast audio by clicking on the button …
More »Quotas for the humiliation of people with disabilities II
Surprise? Or not? The state nevertheless introduced quotas for hiring people with disabilities. Now we are waiting to see what will happen. There will definitely be distortions in the market. Read my opinion on this in my previous article regarding quotas for people with disabilities. Here I will touch on other aspects of the topic, for which …
More »In defense of cash
Author: William Luther - Assistant Professor of Economics at Kenyon College, Director of the American Institute for Economics Research's Sound Money Project, and Temporary Fellow at the Center for Monetary and Financial Alternatives at the Cato Institute. Shortly before November 2016, Indian Prime Minister Narendra Modi said in a speech that the 500-rupee notes ...
More »4 reasons why limiting the bread markup is a crazy idea
Over the past week or two, the main topic that has been worrying the Bulgarian public is the expected increase in bread prices during the winter season, due to the poor harvest this year and the increase in gas prices. Although this increase is due to completely objective economic realities that cannot be changed at the moment, and …
More »Ep. 6: How to invest in the marijuana market and the Olympic scandal
0:35 - Presentation of the episode's topics 02:30 - Feedback from our listeners 09:50 - How to take advantage of the boom in the marijuana market in the West? What are the investment opportunities and what are the risks? 31:50 - The "Olympic" case - what exactly happened to the Cypriot insurer? Who is responsible ...
More »There is no unregulated market
The big economic problem the world faces is linguistic semantics. The word “regulation” is now understood to mean “government regulation.” We are unaware of the alternative: consumer regulation. This is a problem because we accept so much government intervention, when in fact we would be better off without it. We demand some kind of regulation with …
More »Today they ban the lottery, yesterday milk, and tomorrow what?
Two weeks ago, the United Patriots deputies introduced a bill in the National Assembly aimed at restricting the sale and advertising of lottery tickets. It even went so far as to say that Bulgaria's Deputy Prime Minister for Economic Affairs called for the introduction of a VAT on lotteries - something that is widely known...
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