Continued from Part I Continuing our discussion of the denial of personal freedom, we will examine how shifting responsibility to poorly functioning institutions pre-emptively limits our economic freedom. 2) The government and its ministries, agencies, and supporting institutions must ensure that every individual dream and …
More »Are we playing against ourselves when we give up economic freedoms? - Part I
The lack of a moral compass is a correctable evil. The ability of a person to develop and make mistakes, without this being accepted as his only and final state, helps us develop as people and as individuals. However, in order to continue to develop, we must take on …
More »Proposed bans on advertising and distribution of lottery tickets are inadequate
This is the opinion that our economist Nikola Filipov shared in the "Business Daily" program on "Evropa" TV: "It is not adequate to introduce changes to the laws in this way, from one day to the next, without any economic argumentation. This simply sends a lot of …
More »If they remove the lottery, will there be a ban on loans, nightlife, and what else?
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 »The road to Hell is paved with good intentions - the effects of VAT
This article is not for people who believe in the power of government and authorities to make decisions for a person and navigate their future and destiny. This article is for people who are not afraid to make mistakes, learn from them, and raise their children as their …
More »Economic freedom is the way to have freedom of speech
The latest report by Reporters Without Borders once again ranked Bulgaria in the unenviable 111th position in terms of freedom of speech in the world. The debate on this topic in the country revolves mostly around the causes without looking for a way out of the situation. The solution to the problem of limited freedom of speech lies in economic freedom. …
More »Why should Scotland introduce a flat tax?
Author: Nikolay Filibev With the arrival of April, a change in the tax system in Scotland came into effect. The existing income tax system in the UK is being complicated by adding two new rates and changing their scope. The main argument with which the minority Scottish National Party government was able to …
More »How free are Bulgarians?
This month, the latest edition of the Cato Institute’s Human Freedom Index in Washington, D.C., was published. According to this edition, which is based on data from 2014, Bulgaria’s human freedom index score is 7.86, a slight improvement over last year’s level of 7.80. …
More »Bulgaria in the Index of Economic Freedom 2017
For the past 12 years, the Heritage Foundation, one of the leading and most renowned institutions in the field of economic freedom and policy research, has published its annual Index of Economic Freedom in countries around the world. 2016 is no exception, and Bulgaria reports better results compared to its performance last year, but …
More »Trump's economic plan: higher taxes, higher inflation, and a higher minimum wage
Jeffrey Tucker* Just days after Donald Trump won the Republican nomination, the mask (such as it had been up to then) fell off. He quietly began telling reporters that he could be “tricked” into raising taxes, raising the minimum wage, and printing enough money to cover the national debt payments with cheap …
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EKIP– Expert Club for Economics and Politics A Different Opinion