Food prices in Bulgaria are approaching the average European level, Violeta Ivanova from the Confederation of Bulgarian Trade Unions (CITUB) commented in the studio of “Hello, Bulgaria”. “Our food products reach 71% of the average European price levels, and some of them, such as vegetable oils, exceed the average European levels by about 9%. The prices of milk and dairy products …
More »GDP growth does not equal economic growth
Author: Steven Horwitz, FEE.org Even the smartest economists can make the simplest mistake. Two contemporary books – “Violence and Social Order” by Douglas North, Barry Weigast, and John Joseph Wallis (not to be confused with John Wallis, a 17th-century mathematician) and “Why Nations Fail” by Daron Acemoglu and …
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EKIP– Expert Club for Economics and Politics A Different Opinion