Theoretical and Applied Economics
No. 4 / 2010 (545)
The Crisis of Reflexivity
„When performing economic analyses, facts could amaze (fascinate or blind) us to such an extent that we can no longer see the idea to which they belong.”
A ghost roams free on the inside of knowledge: the present economic crisis could belong to that category of fluctuations represented by the behavior of the fundamental elements of nature. The suggestion is that, similar to states removed from equilibrium (where the effect of the law of bifurcation takes place), both in the depth of economic facts as well as in their ideational reflection (in Economics) an alternative opening occurs, a contextually different passage emerges, another level of complexity which demands another level of interpretation.
Contents
The Gravity Law of Marketing - a Major Reason for Change to a Better Performance
The Consumerism and Consumer Protection Policies in the European Community
Comparative Analysis of Investment Funds Stocks-based Portfolios and BET Stocks-based Portfolios
The Management of the Citizen Oriented Applications
Impact of Public Internal Financial Control on Public Administration in Croatia
International Trade under Crisis Constraints
The Management of Operational Risk Specific to Non-banking Financial Institutions in the Context of Actual Financial Crisis
Testing the Nonlinearity of the Phillips Curve. Implications for Monetary Policy