This article tries to make evident the fact that the scientific endeavour of “macro”-behaviouristic-empiricist paradigms does not have a real basis because it is not grounded on the ultimate principle of society: human action. The emphasis of this article is on the perspective that the most...

The latter financial crisis has led in many occasions to a reconsideration of the present economic system. Before suggesting any reform, this paper intends to observe whether the root of the business cycles is indeed a tragedy of the commons in the present banking system, the aim being that...

Focused especially on the causes, Woods elegantly discovers in the tradition of the Austrian School of economics that the main culprit for the creation of crises is the monetary system’s nature. As he goes, this is a system that allows a process of artificially expanded money supply which...

The present work intends to bring few clarifications, hopefully useful, in the general problem of economic competition. As it is probably already known by the reader, most of the XXth century studies on this subject are almost mysteriously dominated by the neoclassical writers\\\'s (leaders...

In my book entitled Socialism, Economic Calculation and Entrepreneurship I explain in theoretical terms what socialism is and why it is an intellectual error, a scientific impossibility, why the socialism which still exists, despite the fall of the Berlin Wall, in the form of economic...

In the present article, we identify the corporation as a pluri-personal consistent “aggregate”. We treat the shareholders - managers tension as irrelevant, focusing on situations in which the “corporate” actors (the shareholding-managerial aggregate) gain in integrum social privileges,...

The logic of agency problems is that “legally” the principals are (institutionally) hampered from configuring or securing the contractual precautions they wish to enforce out of those available in a pure free market. We review topics pointing that omnipotent management phenomenon is not a...

Nowadays it becomes obvious that entrepreneurship and economic performance are closely linked. 

The current financial crisis is the result of longstanding political interventionism. 

As the recession has deepened and the financial debacle has passed from one flare-up to another during the past seven or eight months, commentary on the economy’s troubles has swelled tremendously.