State of the system, socio-economic impacts and prospects for liberalization This study provides a macroeconomic, socio-economic and fiscal assessment of the possibility of liberalizing the food voucher system in Bulgaria. You can read the full text of the study here. It takes into account the development of the country since 2012, especially the dynamics of incomes …
More »How minimum insurance thresholds harm workers
Yesterday, the Minister of Labor and Social Policy Biser Petkov announced that the minimum social security income (MSI) for 2018 will be increased by 3.9%. Once again, such an increase in the social security thresholds is being undertaken with the explicit DISapproval of employers and even their refusal to participate in the negotiations for the determination of these …
More »My Robot Colleague: Job Automation and Its Consequences
In 2016, industrial robots won the presidential election of the world’s largest economy for Donald Trump. No, artificial intelligence has not yet reached a level where it can consciously make decisions on its own (including in the field of politics), nor have concerned activists influenced R2D2[1] or its more primitive …
More »Why are workers in the US against raising the minimum wage?
By John McDermott, MEL Magazine A few weeks ago, researchers at the University of Washington published a new study that found Seattle’s attempts to improve the economic prospects of the city’s working class have backfired. Seattle is one of many U.S. cities that are gradually raising the minimum wage to $15 an hour in …
More »Capitalism doesn't create meaningless jobs, it eliminates them
Author: Alexander Mihaylov I recently came across an article on the website "Barricade" entitled "Why Capitalism Creates Meaningless Jobs". The author of the article believes that people are still not completely freed from the need to work, not for anything else, but because the corporate elites who actually rule us cannot ...
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EKIP– Expert Club for Economics and Politics A Different Opinion