Planet Earth, with its plethora of natural (im)balances, has a venerable age of 4.54 billion years; the (industrial) imprint placed by the human species on it, considered to be not negligible, counts of just little over two centuries; while the digital/IT&C/virtual existence of man, in what we...

The "circular economy" package put forward by the European Commission in 2015 is an ambitious plan in the area of environmental protection. The aim of this legal framework is to replace what is nowadays referred to as the "linear economy", in which people consume and throw away, with an economic...

Comparative judgements related to economic systems (along with pending political ideologies) represent a subject of investigation that, at first glance, appertains to the "ABC" of social sciences, although the "literacy" of policy-makers, business officials, or public opinion reveals surprising...

In spite of the apparent general consensus, both economic theory in abstracto and the political practice in the realm of competition are looked upon from (too) many perspectives. Far from being convergent or even complementary, the “theories” and “policies” are rather contradictory and...

Traditional literature regarding “corporate governance” finds the “tension between ownership and management” (as it was shaped by the agency theory) to be a node in the logic of what should be the answer to the question “how the structure of the corporation property can be designated...

Taxation, an essential element of an efficient public finance system, is the best way for collecting income to achive the public expenditures programs and, in the same time, a way to redistribute the income, in order to get rid of poverty and to ensure social equity. Studies on the topic of...

The central budget of a country collects only a fraction of the total fiscal revenues and executes only o fraction of the national public expenditures, the rest of the revenues and expenditures becoming the responsability of subnational governments. The economist Charles Tiebout developed a...

Cost-benefit analysis, used for the first time by the French engineer Jules Dupuit, is a practical method for measuring costs and benefits of investment projects. Costs and benefits arise both today and the future, and for that reason, in order to be aggregated and brought into comparison, it is...

The "economic" naturally meets the "cultural" because both spheres deal, differently albeit convergingly, with "values" and "valuations". Materially crafted and spiritually charged, tactile/tangible and ineffable/intangible, privately owned and collectively enjoyed, nourished currently and...