Historically entrepreneurial activity is a multifold phenomenon that is developing rapidly and has an origin in antiquity. First so-called businessmen started their business enriching themselves by means of violence, in particular by robberies and swindles. Development of domestic and foreign...

Commodity currencies have been stood against fiat money in the discourses on the history of money, implying a development from primitive forms of money – which needed anchor in a real commodity to gain acceptance, for instance gold, silver or copper – to a more sophisticated monetary regime...

The rationale of this paper is a prime pattern of history of economic thought in the previous ages of classic ancient times of Greek and Roman civilizations using a methodological matrix able to capture the mainstream ideas from social, political and religious events within the pages of Bible....

Analysis of Savings in the Classics View

С исторической точки зрения предпринимательская деятельность – это многоаспектное явление, которое интенсивно развивается и проникает своими корнями в...

С исторической точки зрения предпринимательская деятельность – это многоаспектное явление, которое интенсивно развивается и проникает своими корнями в...

Написанная почти 300 лет назад «Книга о скудости и богатстве» И.Т. Посошкова является первым в России произведением, специально посвященным комплексному анализу...

This paper presents a simple model of how a small open economy can undervalue its real exchange rate using its capital account policies. The paper presents several properties of such policies, and proposes a rule of thumb to assess their welfare cost. The model is applied to an analysis of...