Rapid fall of communism was a surprise to Romanian economists. They lacked any theoretical guide to explain such a historic event and allow them to analyze economic and social processes that followed. Neither political economy of socialism, neither Keynesian nor neoclassical theory have allowed...

In this paper we try to evaluate, through critical analysis, the process of mathematic modeling used within economics. The paper aims to underline the importance of mathematic modeling within economics, but also to point aut that the current modeling of the economic process is not one of the...

May the history of economic thought be a useful device for addressing a sustainable path towards economic and financial recovery from the Great Financial Depression and the nowadays Sovereign Debt Crises? According to Cicero the answer should be predictable: ‘‘Historia, magistra vitae’’,...

El contenido teórico de una obra puede estar condicionado por el genus dicendi que su autor usa para comunicar sus ideas. Y, puesto que el ensayo es el género literario típico que usan los científicos para criticar antiguos paradigmas y proponer otros nuevos, aplicamos estas consideraciones...

This paper tells you everything you need to know in order to impress your friends with your knowledge of the most famous people and the useful past of the subject of economics. However, it is recommended that this paper should not be read in the company of anyone who reads dusty old books, and...

The purpose of this paper is to study the link between an important development in the physical sciences, the discovery of the law of entropy, and its impact on the evolution of heterodox monetary theory early this century. Based on the recognition that, unlike the physical world, the monetary...

This is a review-article on a book on the history of political economy in Italy from the 16th century up today, written by Riccardo Faucci, a known Italian historian of economic thought.

This research aims to critically assess the references to theories of crises and economic cycles that existed in the main textbooks on political economy of Portuguese universities during the first half of the 20th Century, and, as much as possible, categorise their authors into international...

The purpose of this paper is to study the link between an important development in the physical sciences, the discovery of the law of entropy, and its impact on the evolution of heterodox monetary theory early this century. Based on the recognition that, unlike the physical world, the monetary...