Neither economics nor political science can explain the process of modern social development. The fact that developed societies always have developed economies and developed polities suggests that the connection between economics and politics must be a fundamental part of the development...

Utopian socialists believed that socialism is inevitable because it is a more rational system to organize production and life, a system more in line with the "good" nature of human beings. Marxism rejected this reasoning replacing it with what is known as historical materialism: social systems,...

The 21-century world has come up with new face that calls for innovative ways to gain power. Soft power is second face of power that allows obtaining desired result by attracting and co-opting others rather than coercing them. Islamic Economy deals with billions of dollars in several sectors...

This article reviews an English translation of "First Principles of Islamic Economics" (Leicester: Islamic Foundation, 2011) by Maulana Sayyid Abu'l A‘la Maududi (1903-1979), a foundational document of the field, that was published in Urdu in 1969. After a brief Introduction the selections in...

This article analyses rural depopulation in Japan and its implications by means of a case study of Niigata Prefecture and Sado Island. In the first part of the article, we present population maps to show that rural demographic shrinkage is both deepening as well as broadening to include urban...

This article aims to contribute to the ongoing discussions on the nature of money by introducing systematic analysis to relate power to money. It proposes an Ideal Type to explain the critical role of power relations for the genesis and operation of money and monetary order. It is based on the...

This paper is dedicated to the relationship between market development and democracy. We distinguish between contexts and preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is reached, and whether, conversely,...

This paper is dedicated to the relation between market development and democracy. We distinguish contexts and preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is reached, and whether, conversely, democratization is...

This study provides recent estimates of returns to education in transition countries, investigating how the economic boom in the region has affected these returns. We find that transition countries continue to have relatively low returns to education and that the economic boom did not lead to a...

A tanulmány a közép-kelet-európai régió változásait először a világtörténelem kontextusában elemzi. Történelmi összehasonlításokkal igazolja, hogy egyedülálló átalakulásról van szó. Ez az egyetlen totális átalakulás, amely a nyugati civilizációban végbemenő...