About Karin Dom or how a children's center for children with special needs in Varna works on the border of private charity The maxim repeated over the years states that the level of development of a society can be judged by its attitude towards the vulnerable. In Bulgarian reality, however, this role of …
More »Unconditional basic income – an emanation of populism and a misunderstanding of how a market economy functions
The topic of “Unconditional Basic Income” has been increasingly talked about in the last few years. Most commentators with at least a basic understanding of economics and finance have not paid serious attention to the topic, but unfortunately, public interest in the idea is likely to grow. Most recently, the Swiss strongly opposed …
More »The European welfare state - a hidden accomplice of extremism
Following the terrorist attacks in Pakistan and Kenya in 2013, Secretary of State John Kerry commented that the fight against extremism and violence goes beyond simply identifying and removing specific terrorists from the streets, but depends on providing “economic opportunities to marginalized, at-risk youth.”[1] Cleared from …
More »“Who will take care of the poor?” – the answer of economic theory
One of the most frequently put forward arguments in favor of the government redistributing funds through the so-called "welfare state" states: "If there are no state institutions to collect money in the form of taxes and then direct it to those in need (i.e., the poor), the latter will not be able to ...
More »Singapore: An incredible alternative to the welfare state
John Goodman Lee Kuan Yew, Singapore’s first prime minister, died last week at the age of 91.[1] Almost every biographical note in his memory comments on the radical transition that began under his leadership. As John Fund notes in the National Review: “Through reforms toward free trade, capital formation, a strong meritocratic education system, low taxes …
More »Debate on the welfare state - Volgin vs. Ganev
The following text is a continuation of the debate between Petar Volgin and Petar Ganev "FOR and AGAINST the social state", organized by the Bulgarian Libertarian Society. The audience at the Studio 5 club, where the clash of ideas took place, had many more questions than time allowed, so both participants agreed to …
More »On the war against the poor
In the last months of his life, US President John F. Kennedy pushed the idea of a massive political campaign – a war on poverty in the country – through his cabinet. His successor in the White House – Lyndon B. Johnson – further developed the plan and presented his vision of the “Great Society” to the US Congress. As …
More »On the welfare state – myths, lies and the left space
At the beginning of December, I traditionally groan under piles of final economics and philosophy tests and essays from my students at Northwood University in Michigan. This year, I decided to take a break by listening to a recording of an event organized by my friends at BLO – a debate between Petar Ganev from IME and comrade …
More »Income inequality between men and women – a cause for concern or a hidden misconception?
Can we talk about inequality when we compare the free choices of different individuals regarding what education to get or what job to start? In a competitive market, we cannot expect everyone to earn the same, and very often people confuse the difference in wages with discrimination or inability to …
More »The welfare state enslaves European workers
Oliver Mark Hartwich For Germans, July 8th was a good day. Not just because it was this author's birthday or because of Germany's pleasant 7-1 victory over Brazil in the World Cup, but also because this year, it is Tax Freedom Day. …
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EKIP– Expert Club for Economics and Politics A Different Opinion