Theoretical and Applied Economics
No. 12 / 2008 (529)
The physics of human nature
„The supposed efficiency of the free economy as it was promoted in the 50’s and 60’s looks more like a propaganda against communism rather than science.”
The global economic crisis raises - beyond its consequences - a principial issue: is Economics a science?
The founding assumption of Economics is that it reveals the regularities generated by the market. The rational basis of Economics seems to offer the provable rules of rationality. From the scarceness of the resources to the usage of added value, Economics offers principles, rules and laws with claims of generality. In the microeconomic component, as well as in the macroeconomic and socioeconomic ones, Economics recommends itself as a science.
Contents
Contextualism Revisited: Towards a More Relevant Conceptualization of Public Administration for Ethical and Sustainable Leadership in the Global Context
Characteristics of Managing Operational Banking Risk
A New International Economic and Financial Order
Considerations Regarding GW as a Way for Evaluation of the Efficiency of the Reenterprise of the Enterprises
Economic Efficiency of EU Decision Making Process. Case Study: Measurement of Voting Power Indices of Romanian Parliament, 1996-2004
Aspects Regarding the Motivation and Forms of Foreign Banks’ Penetration in Central and Eastern Europe