The recent recession has brought a sharp decrease in income, output, and world trade, as well as an increase in unemployment in developed and underdeveloped countries. Experts such as Paul Krugman, Christina Romer, or Barry Eichengreen, compare the current situation with the Great Depression of...

The History Schumpeter´s of Economic Analysis, is a tour de forcé of scholarship. The display of erudition is 'truly unbelievable. How could one man have acquired and then digested so much knowledge? Not only does the History offer two thousand years of economics, from Aristotle to Paul...

In the history of economic thought Walter Eucken is mostly known for his impact in establishing the Social Market Economy in post-war Germany. Even though there is a growing interest in his ideas especially from an Austrian and a Constitutional Economics perspective, his influence on the...

The lesson of crisis in economy, if we could condense it into a single idea, would sound like this: when private property gets mixed with illusion and fraud, the societal order becomes a tensed experiments system, both discretionary and costly. This is, in fact, the interventionism’s essence,...

Der vorliegende Beitrag beschaeftigt sich sowohl aus ideengeschichtlicher als auch aus wirtschafts- und sozialgeschichtlicher Perspektive mit den Konzeptionen der Sozialen Marktwirtschaft und der Sozialen Gerechtigkeit. Dabei wird dargestellt, wie versucht wurde, die zentralen...

Studies a number of aspects of the reform of public finance and public management in France (LOLF), with special attention to science and technology policy, using a pragmatist approach to the sociology of the state.

The present paper tackles two broad theses. According to the first, in the Eastern Orthodox view wealth, riches, material prosperity and whatever these things presuppose (the extended division of labour, trade, money, profit oriented entrepreneurship etc.) are not evil or condemnable in...

Abstract: Legal interpretation in the United States changed dramatically between 1930 and 1950. The Great Depression and World War II unleashed radical critique (particularly prior to the war). Legal realism proposed radical new methods of legal interpretation to try to meet the challenges of...

The concepts of market, economic concentration, concurrent with competition mechanisms are key elements to market economy systems, that decisively shape the architecture of national economies. While to economic science, similarly to the group of social sciences, the experiment is not allowed,...