Recently, the prophecies that capitalism is going away have become more and more frequent. One of the most profound researchers of capitalism is Adam Smith. Therefore, it is worth checking to what extent his ideas are accepted and/or rejected by Bulgarians. This is how we will assess whether he, and with him capitalism, are going away from Bulgaria? Adam Smith (1723-1790) is …
More »"Patriotic" protectionism is untenable
One of the oldest dilemmas in economic policy is protectionism or free trade. In economic history, there are no countries that adhere entirely to one of the two principles. Although with too many conditions, free trade seems to prevail in modern practice. From the point of view of economic theory, this …
More »Ricardo and social distancing
The mass psychosis about social distancing threatens to transform from a temporary measure into a completely acceptable and permanent approach to life. The idea of limiting and state control over contacts is not new. It is completely opposite to the conclusions reached by the most prominent representatives of economic science. Therefore, it is worth …
More »The negative consequences of Trump's irrational war on the free market
At this stage of Donald Trump's presidency, it is extremely difficult to answer unequivocally the question of whether his term has been successful in economic terms. On the one hand, we have undoubtedly successfully implemented economic reforms, such as the reduction of corporate and personal tax rates, as well as the deregulation of a number of over-regulated sectors from …
More »Bulgaria's future may depend on Brexit
"The European Union draws inspiration from the plant kingdom. In its negotiating strategy, the EU follows the example of the Venus flytrap, a flower that uses nectar to lure its victims inside - without them ever being able to come out again" Sir Christopher Chope, Member of the House of Commons The most important political events are taking place in the UK ...
More »No, Angela, the EU doesn't have to have a price tag
There is no physical law that says free trade necessarily comes with unlimited immigration. “We will not let Britain pick the raisins from the EU cake as it pleases during the Brexit negotiations. Britain cannot enjoy the benefits of membership without bearing some of its costs.” The German …
More »Ep. 24: On Trump's Foreign Policy with Nikola Filipov and Arkadi Sharkov
Links: The US-China Trade War For greater convenience, we recommend downloading the podcast audio by clicking the “Download” button in the player above. Don’t forget to like and share on Facebook and write a comment with your opinion and/or criticism about this episode! This way you help us to …
More »Libertarian approach to immigration
The European migrant crisis that began in 2015 has opened an expected front for a new cultural and political war within the Old Continent. The destructive military interventions of the US and its allies in Afghanistan, Iraq, Libya and Syria, the “invitation to refugees” issued by German Chancellor Angela Merkel, and the internal tensions in the richer members of the Union coming …
More »Ep. 4: Private security in the villages, Trump's protectionism, the Italian elections and the future of the EU
In the fourth episode of the podcast "60 Minutes of Freedom!" Georgi Vuldjev, Stoyan Panchev and Kaloyan Pravov discuss the following topics: 0:45 - Hiring private security companies to secure small settlements - Is this a solution to the lack of security? Why can't the Ministry of Interior do its job? Is it doing …
More »What makes nations rich?
/Part 1 – The Free Market/ Throughout human history, politicians, philosophers and economists from all over the world have been searching for a formula for government that would make people richer. Historically, countless different approaches have been tried. Empirically, however, it has been proven that only those political ideologies and economic theories that promote the philosophy …
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EKIP– Expert Club for Economics and Politics A Different Opinion