The contemporary financial crisis has transformed into economic crisis. The occurrence of financial crises has encouraged the emergence of a kind of routine which guarantees the stability of a government's bailout programmes implemented through the banking sector in support of de-facto bankrupt...

Homo transformaticus, therefore, is the carrier of a necroeconomy's routine who transforms economy. Unlike a necroeconomy, whose routine is carried by a human being which is 'still-to-be-formed,' a zombie-economy's routine is carried by the 'gone and departed' man, the so-called zombie...

Based on an analysis of a modified version of the standard Keynesian Model of a product market, it is shown that a change in the average tax rate has a complex effect on aggregate demand. Since the parameter of marginal propensities to purchase is easily regulated, by selecting its appropriate...

The market, as the economic foundation of capitalism, is often recognized as the basis of inequality. In fact the free market model implicitly posits complete equality of opportunity for the agents participating in it. In order to minimize inequalities due to externalities, the government...

After the collapse of the Communist regimes and their command economies, the countries of the former Soviet Union found themselves with only a very small amount of goods to supply to the global market. There was no way that they could have existed in an economy of this type that is nothing more...

The article examines the approach to estimating the effect of the tax burden on the amount of total output and budget revenues. This approach uses a behavioral model, with a specific version of an entropy function. The suggested model makes it possible to determine the fiscal points...

The paper presents a macroeconomic equilibrium model in which aggregate demand and aggregate supply are considered not in relation to the price level, as is traditionally done, but in terms of functions dependent on the average tax rate. Based on an analysis of the model, it is shown that when...