Carl Menger founded the Austrian School of economics at the end of the 19th century. He rejected some of the main ideas … to Economics (1881). The submitted paper presents the main implications of the investigations on the theory of economic …

The theoretical legacy of Carl Menger involves works on value, capital and the origin of social institutions. There is … a huge literature on Menger, that has been growing since Schumpeter wrote his short article on the founding father of … Austrian Economics in 1921. Reavaliations concerning the place of Menger in the history of economic thought have suggested the …

tension between empirical history and economic theory, thereby illustrating the resulting approach to policy. We contend that …

. In fact, any human action is the outcome of a process of thought which means that there is no action without theory …. Therefore, the necessity of theorizing is not debatable, but the important problem is to select the most relevant theory. From … this point of view it is striking that most commentators did not refer to the most relevant theory to explain the recent …

Middle Ages right up to the creation of the WTO/GATT. As the theory predicts, monarchy is prone to free trade, while …

The current paper is an attempt to reconstruct the economic policy debates in Bulgaria around the Great Depression in … management and post-crisis development of Bulgaria today. The paper is only secondarily interested in the quantitative economic …

in France (a country in the “core”) with that in Bulgaria (a peripheral country). Second, applying modern econometric … techniques (VAR models) we would like to “test “whether the theory designating a dominant role of the exchange rate on inflation … variables and the direction of their causality. Going back to the history of stabilization in France and Bulgaria in the …