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Theoretical and Applied Economics
No. 10 / 2009 (539)

The Costs of Democracy

„There are boundaries of the nonsense which must not be
crossed with too much ease.”
Adam Michnik

The theories are not guilty for the failure. No matter how many times the failure of neo-monetary theory is paired with the phenomenology of the present crisis, the truth lies elsewhere. The failure is due to the marriage between neo-monetary theory and the belief in the infallibility of the market. A sort of union with an omnipotent divinity.

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The Costs of Democracy
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
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