Theoretical and Applied Economics
No. 1 / 2010 (542)
The Moloch of Theory
The setup of the economy is a product of competing theoretical visions. Among other things which have been revealed by the current crisis, such as the inefficiencies of the policies for containing the recessive effects, we also find the structural inconsistency at the level of objective-functions of a real and nominal type, on one side, and these and the objective-function of the competitive market, on the other side. The context of the problem is assured by the fact that adversely defined theories provide essentially different axioms for the understanding of the functioning of the economy on the real and nominal levels, while the competitive market theory does not mediate the disputes and does not eliminate the alterations.
Contents
- Some Issues Concerning Romanian Investors’ Behaviour. Results of a Survey
Victor DRAGOTĂ
Vlad ŞERBĂNESCU
- Study Regarding the Influencing Factors of the Romanian Small and Medium-Sized
Enterprises’ Internationalisation Process
Renata ANTONIE NIŢU
Emőke-Szidónia FEDER
- Models with Simultaneous Equations for Local Development
Ani MATEI
Stoica ANGHELESCU
- The Informatics Security Cost of Distributed Applications
Ion IVAN
Dragoş PALAGHIŢĂ
- The Relationship between Export and Economic Growth in Libya Arab Jamahiriya
Khaled R.M. ELBEYDI
Abdulbaset M. HAMUDA
Vladimir GAZDA