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monopoly

Types of market structures and a historical overview of the concept of competition

This article will be devoted to the market structures created by the neoclassical mainstream school. A retrospective of the concept of competition from the classical economists onwards will be made, and thus it will be possible to answer the question of why and how the models of perfect and imperfect competition were created. First, what is a market? Every …

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Guest Article: Homeschooling and the Libertarian Initiative (Part Three)

Exchange of experience, evaluation, socialization Like any other initiative in the free market, the methodology of private and home education does not lend itself to strict mathematical analysis. Different schools and families may use different ways to educate children, and the differences may be due to many reasons - from family and ...

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Guest Article: Homeschooling and the Libertarian Initiative (Part Two)

Bozhidar Marinov The Market The difficulties for such an initiative, of course, will come primarily from the lack of funding. While the state education system can always rely on state funding from the budget at the expense of taxpayers, private programs will have to find alternative opportunities to establish themselves in the market and make a difference. …

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Guest Article: Homeschooling and the Libertarian Initiative (Part One)

If someone had told me in 2000 that just 15 years later the Bulgarian parliament would pass a law that, albeit in an imperfect and unclear and unfinished form, would legalize and recognize homeschooling, I would have laughed at them. Well, come on, not to laugh, but at least to smile...

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What is the price of monopoly?

Yesterday there were protests again against high electricity prices. Those who took to the streets are not satisfied with the level of the price they have to pay for electricity consumption, and this makes sense and is understandable to some extent. Every consumer wants to pay as low a price as possible for the goods they consume.

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