Already in May, the National Statistical Institute of Bulgaria announced long-awaited news: on a monthly basis, the general consumer price index recorded a decline for the first time since the beginning of the war, and in June, this trend continued, even more noticeably. This has also been accompanied by a cooling down of the annual price change, which has fallen well below its peak since autumn 2022.

According to media reports, the Ukrainian offensive is progressing slower than expected. However, there are many indications that the main phase of the offensive is still ahead of us, and the actions taken so far have only been rehearsals. The attacks are advancing towards the Sea of Azov in order to cut off Russian access to Crimea and divide the occupation zone into two parts.

Connectivity has undeniably simplified life for people worldwide. However, the remarkable mechanisms behind this connectivity often go unnoticed as we simply enjoy its fruits. When talking to friends and family most do not know how exactly the Internet works. A study conducted in the US confirms this: 80% of respondents cannot explain how we get the Internet. It comes from the Wi-Fi, doesn’t it?

“Keep your chin up” is the headline of the June issue of the New Monthly Enterprise Survey, a #NRES conducted by the Institute for Economic Research and Policy Consulting since May 2022. From June 15 to June 30, 2023, the heads of 530 enterprises located in 21 out of 27 regions of Ukraine answered questions about the current state of affairs at enterprises and their expectations for further business development.

In the fifth installment of the popular Harry Potter books, Dolores Umbridge, the personification of government meddling in education, forbids professors in Hogwarts from disclosing anything beyond what is strictly pertinent to their lessons. One rebellious schoolkid, however, points out in Umbridge’s class that she cannot reprimand him for misbehaving during the lesson, as it is irrelevant to the subject. He gets detention.

The work and ideas of the Polish astronomer, mathematician, and economist Nicolaus Copernicus (1473-1543) are worth studying, not only for those who still believe that the Earth is flat but also for anyone interested in intellectual revolutions. Among his achievements is the identification of the real causes of inflation, which has been no less of an intellectual revolution. Copernicus challenged the prevailing idea that our planet was the center of the universe.

Who should be taxed, how should they be taxed and what purpose should it serve? These questions are as old as the world. To help answer them, in his 1776 work “The Wealth of Nations” the Scottish economist and philosopher Adam Smith formulated four principles of taxation. According to him, taxes should be proportional to the benefits that a person derives from belonging to society.