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More »The beginning of specialized economic knowledge among Bulgarians
In modern times, economic knowledge with claims to be scientific is highly specialized. To such an extent that even professionals do not understand and do not know all its aspects. Economic science, on the one hand, uses the achievements of a number of other sciences, but on the other hand, it analyzes all aspects of human existence. The described situation …
More »Why you should read Nassim Taleb's new book
"Skin in the Game," the new book by famed financier-turned-philosopher Nassim Taleb, is the most important book published in recent years (probably since his last book, "Antifragility," which was published in 2012). Taleb is one of the few thinkers throughout human history whose writings...
More »Ten major economic myths
The EKIP proudly presents a full translation of the fundamental essay “Ten Great Economic Myths” by the great American economist Murray Rothbard, which you can read and download here. Murray Rothbard is one of the greatest economists of the 20th century, a prominent representative of the Austrian School of Economics, and a founder of the modern libertarian movement in …
More »The 3 biggest myths about the state budget deficit
Author: Murray Rothbard (We at EKIP proudly present a translation of part of the essay "Ten Great Economic Myths" by the great American economist Murray Rothbard. In this part of his essay, Rothbard focuses on the three biggest myths regarding government budget deficits and the effects they have on the economy of …
More »Why didn't the Seven Kingdoms in Game of Thrones undergo an industrial revolution?
Adam Ozimek, Forbes.com Note: This article is about the TV show Game of Thrones and contains spoilers. Westeros’ technological and economic development seems to have been frozen for a very long time. Bran the Builder built Winterfell and the Wall about 8,000 years ago, suggesting that the same medieval building technologies were in place back then. …
More »About the new TEAM
Six years after the enthusiastic beginning, EKIP is in a new phase of its development. In 2011, we started as a blog of young economists, political scientists, lawyers, as a gathering place for the ideas of future policy experts. Today, they are already actively participating in discussions about the shape of the market, the state and the economic future of the country…
More »The economic logic in "Game of Thrones"
HBO's hit series "Game of Thrones" is in the middle of its seventh season, and fans are increasingly concerned about the rapidly fading cast of characters. The series, which is adapted from George R. R. Martin's fantasy series "A Song of Ice and Fire," has drawn a lot of criticism in recent years from …
More »Georgi Ganev and Stoyan Panchev on praxeology, schools, universities and taxes
A personal story about the lack of economic literacy in Bulgaria
Daniel Angelov I recently participated in a student essay competition about Bulgaria and its membership in the European Union. Almost all the participants, to my great regret, were like a gramophone record and emphasized how we are the poorest and most corrupt country (and I was left with the impression that we are almost the DPRK of …
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EKIP– Expert Club for Economics and Politics A Different Opinion