Theoretical and Applied Economics
No. 5 / 2010 (546)
The Law of Entropy – the Most Economical of All Natural Laws. Current Manifestations of World Economics
Adrian VIERIŢĂ
Bucharest Academy of Economic Studies
Abstract. The last three centuries have witnessed a specific social evolution, one much more dynamical than those of the previous era. The general vector of this dynamics is represented by the progress in technology and science that had taken place in all arrays of social action, a phenomenon largely manifested throughout Western European countries and North America. It is against this general setup that the world saw the formation and development of both European national communities and of the capitalist market economies, two of the historical causes that lead to the fall of the feudal social and economical system.
Contents
The Liquidity of the Bucharest Stock Exchange (BSE) during the Financial Crisis
Causality between Prices and Wages: VECM Analysis for EU-12
Relevant Costs for Decision in an Effective Controlling System
Increasing Responsibility towards Environment
A Study of Customer Relationship Management Practices in Madhya Pradesh State Tourism Services
The Law of Entropy – the Most Economical of All Natural Laws. Current Manifestations of World Economics
Clusters - Tourism Activity Increase Competitiveness Support