Rapid fall of communism was a surprise to Romanian economists. They lacked any theoretical guide to explain such a historic event and allow them to analyze economic and social processes that followed. Neither political economy of socialism, neither Keynesian nor neoclassical theory have allowed...

The book constitutes a scholarly critique to mainstream economic thinking represented broadly under the neoclassical term. Fundamental to the note and style in which the paper is constructed is the fact that the author considers his reaction to orthodox economics as a constructive discussion...

The paper outlines the intellectual biography of Paolo Sylos Labini, a great economist with strong civic ideals. After recalling his education (in Rome, then at Harvard with Schumpeter and at Cambridge with Robertson), the paper illustrates his contributions in a variety of fields, ranging from...

May the history of economic thought be a useful device for addressing a sustainable path towards economic and financial recovery from the Great Financial Depression and the nowadays Sovereign Debt Crises? According to Cicero the answer should be predictable: ‘‘Historia, magistra vitae’’,...

In this article we seek to show that there is a common framework to the various approaches known as heterodox. This framework is the “institutionalism”, which take into account the concrete institutions in which the economic process proceeds. To argue our thesis we deploy two types of...

Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal Institutional Pluralism (LIP) and New Structural...

The paper describes fifty years of research activities in regional science of the Southwestern Regional Economics Institute (IERSO, Bordeaux University), first regional economics institute founded in France by Joseph LAJUGIE in 1951. Section 1 underlines the specificities of the approach in...

Nelson Mandela said, “During my lifetime I have dedicated myself to this struggle of the African people. I have fought against White domination, and I have fought against Black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony...