Based on human capital theory, initiated by some representatives of the new school in Chicago in the second half of the twentieth century (Th. W. Schultz, G. Becker and G. Stigler), we see that there is a theoretical vein-slogan: "Man is the most precious wealth of a country," and if we...

Nowadays, ethics seems to be a very important issue when speaking about the way of doing business. Many economists ask if it is necessary to study the way ethics are transmitted to the next generations of businessmen and if business ethics comes from education. Finally, does it have anything to...

Alexandru D. Xenopol (1847-1920), a leading figure of the Romanian intellectual tradition of the turn of the century – academician, economist, philosopher, historian, educator, sociologist and writer – has remained in the universal cultural memory as a tireless promoter of the economic...

The complexity and interdependence of the economies of various geographical and political entities have one generic binder - money. The economic history of the last century, replicated in the first decade of our century, can be “written” with money. Indeed, money, a multiple discovery of the...

Nowadays, ethics seems to be a very important issue when speaking about the way of doing business. Many economists ask if it is necessary to study the way ethics are transmitted to the next generations of businessmen and if business ethics comes from education. Finally, does it have anything to...

In the nineteenth century, the accelerating globalization started to show demands that the majority of the Romanians could not understand. The delay in the economic development, the political-state establishment, the scarcity of instruction and education, the historical and geographical context...

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....

A brief retrospective on economic thought reveals that, in the quest for the scientific status of their research, economists had to refine not only their research methods, but even the economic language itself. The use and, sometimes, the abuse of the “positive” concept in present economic...

The last half-century was marked by an academic revolution, which brought unprecedented changes in terms of application and diversity. Understanding the ongoing and dynamic process is not an easy task, but is extremely important, especially when you are in the midst of the changes it brings....

Over the years scholars, politicians, economists and others have recognized that no country could achieve economic growth and development without an efficient educational system. Functional education plays a central role in preparing individuals to become the labour force and in the same time to...