The “Economic Metronome” (EM) is a term, used for the mathematical formula of a set of fundamental interrelations of key importance for the monetary-value expression among: the main factors of economical activity of any range; their productivity; the primary proportions in production,...

The economic metronome (IM) is a term for a mathematical formula of a set of fundamental interrelations of a key importance for the value-monetary expression among: the main factors of business activity of any kind; their productivity; the primary proportions in production, distribution, exchange...

This article summarizes some unorthodox aspects of the institutional approach to the markets as social structures (institutions). Demonstrated is the possibility to extend the new institutional analysis, based on the concepts of formal and informal rules, property rights, transaction costs,...

The paper justifies the need to develop in detail the issues of economic synergetics, which studies synergetic economic systems and is a methodology of the theory of economic transitions. The principles of self-organisation of the economic systems are grounded under the conditions of...

The main thesis is that the model of the economic person contains the methodological codification of the modern science of economics. The model comprises as its constituent elements deductive assumptions on the target-oriented function of people who are faced with economic choices, on the...

This paper examines the revival of political economy in various forms in the last decades. The first part is dedicated to the evolution of the definition of the economic science to lay the foundation of a better understanding of the current use of the term “political economy”. The second...

This paper examines the revival of political economy in various forms in the last few decades. The first part is dedicated to the evolution of the definition of the economic science to lay the foundation of a better understanding of the current use of the term "political economy". The second...

This article challenges the formulation of the paradox “there is growth, but it arouses no optimism“. The author defends the proposition that the existing economic growth does not give rise to optimism because it does not lead to increased level and quality of life among low-income social...

This paper challenges the formulation of the paradox "there is growth, but it gives rise to no optimism". The thesis that economic growth stirs up no optimism, because it does not lead to raising the level and quality of life of low-income groups of the population is defended. Its macroeconomic...

The article deals with the problems connected with the result from the labour of intellectuals. In the countries with developed economies one can notice tendencies towards a strong decrease of manual labour participation and intensive increase of the share of those employed in services and...