I met Vlado ten years ago in the bar on the corner of Rakovska and Vasil Levski. He came on a motorbike and quickly asked me about pressing economic and political issues – I was in a sort of interview. Karolev was running for mayor and was looking for a campaign assistant, I was recommended to him as his …
More »The hypertrophied recession and the response of governments
Author: Yaroslav Romanchuk, original publication from 14.04.2020 The global coronavirus epidemic has significantly accelerated the crisis trends of the modern world. The monetary and fiscal policy measures proposed by international organizations (IMF, World Bank, OECD, UN) and G7 governments after emerging from the global recession of 2008-2009 had a short-term positive effect …
More »What is happening in the world in the conditions of the first Great Depression of the 21st century?
Author: Yaroslav Romanchuk, original publication from 14.04.2020 The world economy is once again threatened by an unprecedented global recession, unemployment of 1.3 billion people in the world, a debt crisis, budget holes, defaults and other scourges of the multi-layered systemic crisis. “A crisis like no other” – said IMF President Kristalina Georgieva …
More »Order without a state
In the mid-19th century, the French economist Frédéric Bastiat gave perhaps the most brilliant definition of what a state is. It is “the fiction by which everyone wants to live at the expense of everyone else.” At the same time, another French-speaking economist, Gustave de Molinari, wrote an article in which he questioned the state’s …
More »The Moral Values of Star Trek – A Libertarian Perspective
Author: Stilgar Naibov The reason consuming art is a good way to learn history is that it provides a better window through which to see how a society thinks than directly studying history. I clearly remember how in 9th or 10th grade we had to write some kind of analysis of Don Quixote …
More »Principles are not pasta: Jock, Bonev and the right-wing yellow vests
The yellow-paved ideological bubble is jumping through the phases of change significantly faster than the rest of the country. We can explain this with a simple interpretation of Maslow's pyramid, in which materially satisfied millennials have climbed much higher than village grandmothers. Even more so with open access to waves of new information about …
More »Libertarianism in Ukraine – a project for development and growth
Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center Libertarianism is a worldview formally unknown to the majority, and Ukraine is no exception. People rarely study right-wing political philosophy in depth. Even intellectuals give contradictory, often completely opposite definitions of the term “freedom”. Namely, freedom is …
More »What if we replaced taxes with donations?
Author: Jean Wilbert for fee.org Healthcare. Education. Along with others, these “goods” are considered so important that most modern governments go to great lengths to provide them to people on low incomes. Of course, we can’t really deny how important these services are. In a 2016 study, …
More »Life in Britain's private villages
The charm of the English countryside is indescribable – breathtaking views, ancient narrow streets, with authentic stone architecture and beautiful houses with interiors from film sets. Before World War II, aristocratic families of the British Isles maintained large landed estates, which included, in addition to mansions, incredible parks and private villages. Today …
More »The impotence of electoral politics and the role of intellectuals
"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more influential than is commonly supposed. In reality, the world is not governed by anything else. Practical people who think themselves immune to any intellectual influence are usually slaves to some deceased...
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EKIP– Expert Club for Economics and Politics A Different Opinion