People’s Republic of Competitive Cooperation Present China’s Silky Ties

People’s Republic of Competitive Cooperation
Present China’s Silky Ties

No. 4, Mar.-Apr. 2017

China has a special geometry and geography of time, and whenever you touch its lands and breathe its epochs, you understand that the sizes and units of measure are different. When travelling to China, a foreigner cannot ignore the time-space continuum in which reigns the cosmopolitan-and-comradely cohabitation of apartment skyscrapers, sometime taller than their corporate cousins, pictures of hard-core communist planner Mao featuring on banknotes circulating in a market economy, workers and peasants equipped with much more than blunt sickles and hammers, apparatchiks and free spirits, mundane youngsters and flying shaolin monks. “To understand China’s last hundred years, see Shanghai. To understand China’s last thousand years, see Beijing. And to understand China’s last three thousand years, see Henan Province”, here is a good piece of advice for those who want to take the perfect tour of China. More

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    Engines of Liberty: American Experiment in Self-Government

    Engines of Liberty: American Experiment in Self-Government

    No. 25, Sep.-Oct. 2020

    Brague’s Challenge. In an American Spectator blog post, “Sin No More,” dated May 1, 2008, Rémi Brague stated a thesis worth exploring: “What cultures that were influenced by the Jewish and Christian religions made of the ideal of liberty that I have... More



    Rebuilding Economics

    Rebuilding EconomicsSeries of articles excerpted from the printed edition [#1]

    No. 25, Sep.-Oct. 2020

    In the last decades, the economic discipline in its hypostasis of Economics (i.e. positive economic theory) was, and also currently is, subject to radical and massive criticism not only from the non-economists (including physicists!), but also from... More



    The World’s 19 Most Powerful Countries Account for 71% of the World’s New Coronavirus Cases

    The World’s 19 Most Powerful Countries Account for 71% of the World’s New Coronavirus Cases

    No. 25, Sep.-Oct. 2020

    On August 31st this year, 6 months have passed since the current pandemic forcefully started, on March 1st. It is an important opportunity to examine how the world’s great powers have developed effective government programs to reduce the... More



    MIND(s that filled) THE GAP(s)

    MIND(s that filled) THE GAP(s)A media campaign of junior reporting on INNOVATIVE / INDUSTRIOUS / INSPIRING, free-market, barrier-breaking, world-spreading, LIBERATING ENTREPRENEURSHIP

    No. 25, Sep.-Oct. 2020

    The Market for Ideas initiated an editorial project in which “international business and economics” students, besides being consumers of quality information, become (co)producers of this “good”. The concept aims for a quadruple gap-filler... More



    Zombified Finance and the Walking Dead Economy

    Zombified Finance and the Walking Dead Economy

    No. 25, Sep.-Oct. 2020

    The financial crisis of 2007 was the result of a constant accumulation of risks facilitated by the gradual lowering of interest rates. This decrease allowed the emergence of an allocation of resources incongruous with the economic... More



    “Under the Spreading Chestnut Tree”… I Forgot My History

    “Under the Spreading Chestnut Tree”… I Forgot My History

    No. 25, Sep.-Oct. 2020

    It is strange for any of us who live in relatively free societies to picture oppression. It is probably why most of us have an insatiable desire for dystopian television productions. The hair raising, mind and heart stimulating stories take us to a... More



    Bracing for Hurricane Democracy

    Bracing for Hurricane Democracy

    No. 25, Sep.-Oct. 2020

    With the conclusion of the two ceremonial national conventions of the two US parties, the Democrats and the Republicans, one may say that the presidential race has begun in earnest. The current election will be unique in modern American... More



    Rights, Constraints, and Offsets in Handling the COVID-19 Pandemic

    Rights, Constraints, and Offsets in Handling the COVID-19 Pandemic

    No. 24, Jul.-Aug. 2020

    The COVID-19 pandemic has shown us, among other things, that the development of human knowledge can entail a series of risks that can endanger both the existence of the individual and of the society in which we live. In this time of crisis, an important... More



    The COVID State

    The COVID State

    No. 24, Jul.-Aug. 2020

    In 1976, an ABC movie entitled “The Boy in the Plastic Bubble” recounted the tragic story of a child suffering from severe combined immunodeficiency (SCID). Although the child died when he was twelve, doctors have since found a cure for this... More



    The Inconsistency of Biological Analogies in Economics

    The Inconsistency of Biological Analogies in Economics

    No. 24, Jul.-Aug. 2020

    I often tend to use biological analogies either as a simple heuristic or an explanatory model in an analysis, or as a purely illustrative model in support of certain ideas by constructing argumentative structures. For instance, in an attempt to understand how... More



    The Sustainable University: Concept and Conception

    The Sustainable University: Concept and Conception

    No. 24, Jul.-Aug. 2020

    “Sustainable University” is a kind of phrase to emanate a semantic scent with connotations – traced back to an ages-old polarity, yet always at great fashion in social affairs – seemingly both conservative and progressive. Really? Can we so... More



    Charter Cities: Vernian Fantasy or Human Reality?

    Charter Cities: Vernian Fantasy or Human Reality?

    No. 24, Jul.-Aug. 2020

    In 1895, the French novelist Jules Verne launched one of his many visionary ideas that either became reality or something future next generations are expected to achieve. Propeller Island follows the story of four musicians whose services are demanded... More



    Corona-blues: A Brief Reflection on the Challenges of Managing the Coronavirus Pandemic

    Corona-blues: A Brief Reflection on the Challenges of Managing the Coronavirus Pandemic

    No. 24, Jul.-Aug. 2020

    That the new coronavirus has taken the world by storm is no longer a surprise, causing significant casualties worldwide as well as civil unrest and disrupting economies, with ever grimmer prognoses. Much has been said about both the... More



    Defined Contribution Pensions, But Not Really

    Defined Contribution Pensions, But Not ReallyEconomy Near Us (XXXI)

    No. 24, Jul.-Aug. 2020

    From a theoretical (and philosophical) point of view, the (defined contribution) pension in a pay-as-you-go system is an impersonal, non-coexistent, inter-generational, and mandatory quid pro quo. The referee which must assure that the quid pro quo is... More



    International Digital Conference on Multidisciplinary Research and Perspectives for Innovative Higher Education 2020

    International Digital Conference on Multidisciplinary Research and Perspectives for Innovative Higher Education 2020

    No. 24, Jul.-Aug. 2020

    University of South Asia, Lahore, Pakistan, presents the International Digital Conference 2020 on Multidisciplinary Research and Perspectives for Innovative Higher Education on July 24-25th, 2020. The main topics include: Artificial.... More



    The Pandemic and the Standard of Living

    The Pandemic and the Standard of Living

    No. 24, Jul.-Aug. 2020

    A recent report was issued by the Research Institute for Quality of Life of the Romanian Academy, titled The pandemic and the standard of living. Social policies. Its authors were Daniel Arpinte, Sorin Cace, Simona Mihaiu, Iulian Stanescu, Simona... More



    Stealing into Power by Opposition to Power

    Stealing into Power by Opposition to Power

    No. 24, Jul.-Aug. 2020

    Two acute observers of the American system and its decentralized character were Alexis de Tocqueville, who with his friend Gustave de Beaumont traveled through America for around nine months while studying America’s prisons... More



    Twelve Countries Cumulate 80% of the Pandemic Deaths

    Twelve Countries Cumulate 80% of the Pandemic Deaths

    No. 24, Jul.-Aug. 2020

    The “parallel world” of the pandemic has two main coordinates: contagion cases and deaths, accompanied by the very important indicator of fatality rate relative to contagion cases (Rc/d).In our previous interventions, we demonstrated that the... More



    Placing the Central Asia Region in the Equation of Neo-Colonialism Promoted by Russia

    Placing the Central Asia Region in the Equation of Neo-Colonialism Promoted by Russia

    No. 24, Jul.-Aug. 2020

    The reconsideration of Russia’s foreign policy was made under the condition that, as a result of the steep increase in international prices for crude oil and natural gas, considerable financial resources flooded into the state treasury. With... More



    The Absorption of Uncertainty and Exiting from the Pandemic

    The Absorption of Uncertainty and Exiting from the PandemicEconomy Near Us (XXX)

    No. 23, May.-Jun. 2020

    The individuals (and, to some extent, the groups) make decisions based on their perception regarding the future, rather than on a rigorous calculus based on accurate models of rationality (such a conclusion has long been reached by the researchers... More



    A New Silk Road – Russia’s position

    A New Silk Road – Russia’s Position

    No. 23, May.-Jun. 2020

    The first version of the Silk Road is placed by analysts at the beginning of the westward expansion of the Han Dynasty (206 BC - 220 AD). Chinese products (silk, porcelain, spices or other goods) that were highly prized began to be delivered to Europe... More



    NASA & SpaceX Launch – A New Milestone in Space Exploration

    NASA & SpaceX Launch – A New Milestone in Space Exploration

    No. 23, May.-Jun. 2020

    Over the years, space has proven to be one of the few topics that captivated people from all around the world to follow the same TV programming or online event at the same time. Individuals with different backgrounds, ethnicities, races... More



    Reading Between the Lines

    Reading Between the Lines

    No. 23, May.-Jun. 2020

    The macroeconomic situation of Romania is a subject of considerable debate inside the country. The important development of the country is, nevertheless, marred by imbalances and underwhelming reforms, constantly... More



    Conservatism and Spiritual and Social Recovery

    Conservatism and Spiritual and Social Recovery

    No. 23, May.-Jun. 2020

    As I read newspapers, popular magazines, listen to National Public Radio, watch cable television, attend Catholic Mass, and work with American academics at the deracinated institutions called colleges, I am conscious that American secular... More



    Revolt of the Disdained: Sovereignty or Submission

    Revolt of the Disdained: Sovereignty or Submission

    No. 23, May.-Jun. 2020

    The 2016 presidential election hinged on the return of overlooked or marginalized middle-class and working-class Democrats and independents – many of whom had earlier supported Richard Nixon and Ronald Reagan – to reinvigorate traditional... More



    Some Thoughts on COVID-19 Pandemic Shock

    Some Thoughts on COVID-19 Pandemic ShockEconomy Near Us (XXIX)

    No. 23, May.-Jun. 2020

    On the nature of COVID-19 pandemic shockWe think the COVID-19 pandemic shock “verifies” the following features:the shock is atypical: it has the particularity that it bypasses the standard “path” – that is, it does not affect the nominal flows... More



    Coco & Chanel: Creating Herself and a Whole Universe, from Croquis to Couture

    Coco & Chanel: Creating Herself and a Whole Universe, from Croquis to CoutureMIND(s that filled) THE GAP(s) [XVI]

    No. 23, May.-Jun. 2020

    Imagine the epitome of an elegant, stylish woman of modern times. Is she sporting chic suit pants and a matching blazer, or maybe a timeless black dress? Is her jewellery exquisite without overbearing opulence, perfectly assorted to her handbag... More



    Will We 3D-Print Medicine at Home?

    Will We 3D-Print Medicine at Home?MIND(s that filled) THE GAP(s) [XV]

    No. 23, May.-Jun. 2020

    It is around 7 AM, little Jim has just been woken up by his mom. He can distinguish clatter of softly gyrating gears from rain taping at his windowsill. There was no reason to focus more on those everyday sounds especially because he heard the same... More



    Three Paradoxes of the Territorial Distributions of Contaminations with COVID-19

    Three Paradoxes of the Territorial Distributions of Contaminations with COVID-19

    No. 23, May.-Jun. 2020

    A month ago, in the first episode regarding the pandemic, we identified the fact that the structural distribution of the spread of SARS-CoV-2 virus throughout the countries and autonomous territories of the world fulfils all the standards of the... More



    Power Through Play: Thinking Energy Outside the Box

    Power Through Play: Thinking Energy Outside the BoxMIND(s that filled) THE GAP(s) [XIV]

    No. 23, May.-Jun. 2020

    According to the World Bank (2019), roughly 1 billion people have no access to electricity whatsoever, but a Nigerian-American entrepreneur thinks football might be the solution. How is it possible? The story begins with Harvard graduate Jessica... More



    The Million Dollar Pixels: How a Student’s Idea Changed the Internet for the Better

    The Million Dollar Pixels: How a Student’s Idea Changed the Internet for the BetterMIND(s that filled) THE GAP(s) [XIII]

    No. 23, May.-Jun. 2020

    The internet. A place where (almost) everybody can see (almost) everything (almost) for free. An incredible technological asset of humanity as a whole. But how can we find everything? Do we pay these people? How many people would agree to make the... More



    Bringing Lasting Positive Change for Women

    Bringing Lasting Positive Change for Women

    No. 23, May.-Jun. 2020

    Any change brings both positive and negative consequences. Therefore, a development planner should respect various principles to promote change that minimizes negative effects. Also, certain priorities or values should be reflected. This... More



    Making History While Snacking: Microwave Meets Marketplace

    Making History While Snacking: Microwave Meets MarketplaceMIND(s that filled) THE GAP(s) [XII]

    No. 23, May.-Jun. 2020

    World War II, going on between 1939 and 1945, was one of the bloodiest confrontations in the world. It cannot be overstated how much this conflict changed the course of history, for better (if anything good can be related to wars) or worse. For... More



    Think Fast: Interactive Filmmaking Puts Consumers in the Spotlight (Or Is It Just an Illusion?)

    Think Fast: Interactive Filmmaking Puts Consumers in the Spotlight (Or Is It Just an Illusion?)MIND(s that filled) THE GAP(s) [XI]

    No. 23, May.-Jun. 2020

    In 1967, the cinephiles attending that year’s edition of Expo Montreal were left with the experience of a lifetime, having been submerged into a new dimension of film-making. Radúz Činčera’s vision brought the audiences a new perspective, as his... More



    The Risk of Poverty by Age-Groups in Romania

    The Risk of Poverty by Age-Groups in RomaniaHistory, on the verge of repeating itself after ten years

    No. 23, May.-Jun. 2020

    The risk of poverty recorded in Romania for the entire population was higher in 2019 than in 2008, according to data published by Eurostat. Almost one in four Romanians (23.8%) had an equivalent level of disposable income less than 60%... More



    Centuries of “Concrete”-Solid Discoveries of the Humankind: From Building the Roman Empire Towards Contemporary Buildings

    Centuries of “Concrete”-Solid Discoveries of the Humankind: From Building the Roman Empire Towards Contemporary BuildingsMIND(s that filled) THE GAP(s) [X]

    No. 23, May.-Jun. 2020

    Have you ever questioned what lies at the basis of the so-called highly-developed cities, at the foundation of the tallest buildings worldwide or how the infrastructure came to life? The answer is directed towards… concrete. It built the modern world... More



    WaitSafe in the Pandemic: How to Fluently Reconcile Social Distancing with Personal Mobility

    WaitSafe in the Pandemic: How to Fluently Reconcile Social Distancing with Personal MobilityMIND(s that filled) THE GAP(s) [IX]

    No. 23, May.-Jun. 2020

    The easing of the lockdown ignited with the advent of COVID-19 pandemic is still subject to strict conditions, as communities need to accommodate sanitary safety concerns with solutions for the freedom of movement for individuals, as the latter is a... More



    The Press – Social “Mediator” or “Instigator”?

    The Press – Social “Mediator” or “Instigator”?

    No. 23, May.-Jun. 2020

    On the 3rd of May we celebrate World Press Freedom Day. The power of the Press (hereinafter deliberately written with capital P, in speaking precisely of its societal vocation) and its impact on the average citizen and on the wider masses of the people is... More



    More than a Fifth of Romanians Are Employed by Multinationals

    More than a Fifth of Romanians Are Employed by MultinationalsFrance Took over from Germany

    No. 23, May.-Jun. 2020

    Germany (16.6%), France (12.4%) and Italy (9.2%) are the countries that hold the largest share in the Romanian economy by the number of employees operating in 80,591 groups of enterprises, according to the data processed and... More



    COVID-19’s Distributions and Balances of Power

    COVID-19’s Distributions and Balances of PowerProfessor CEZAR MEREUȚĂ: “Understanding this is the new challenge the most powerful leaders in the world have to face”

    No. 23, May.-Jun. 2020

    Who would have thought that precisely the most powerful countries on the planet, which invested the most in their health systems, registered the most cases of contamination with the new coronavirus? Well, an analysis by Professor Cezar... More



    The Romanian Government’s Underwhelming Response to the COVID-19 Crisis

    The Romanian Government’s Underwhelming Response to the COVID-19 Crisis

    No. 23, May.-Jun. 2020

    The Romanian Government’s response to the COVID-19 crisis has nothing exceptional, no original idea, no single individualized policy, no special or particular focus. If Sweden, no matter how controversial, dared to pursue an individualized strategy... More



    European (Dis)Integration During Pandemics

    European (Dis)Integration During PandemicsLessons for EU members about the convergence of interests

    No. 23, May.-Jun. 2020

    The big aspirations of “Unity in diversity” within European speeches seem to fade, as the supranational gathering around connection and cooperation is now, in the context of the pandemic, an ideal with less commitment than before... More



    Romania – the Fourth EU Economy in the Share of Foreign Capital Enterprises

    Romania – the Fourth EU Economy in the Share of Foreign Capital EnterprisesAnd an Interesting Paradox

    No. 23, May.-Jun. 2020

    Romania ranks fourth among EU Member States in terms of the share in gross value added (GVA) of enterprises with foreign capital (controlled from abroad) – FCE –, according to a study published by Eurostat, based on data from 2017... More



    Pandemic: How to Avoid What Is Worse

    Pandemic: How to Avoid What Is Worse

    No. 23, May.-Jun. 2020

    In addition to major health issues, COVID-19 creates major economic problems. The risk of a deep global recession is very high. It is a shock that reduces supply, especially through the shock on the labour force, through illness or social... More



    A Primer on Political Economy

    A Primer on Political Economy

    No. 23, May.-Jun. 2020

    Economist Walter E. Williams learned a principle of success by missing lunch. “At 13, I was a typical barbarian growing up in the slums of Philadelphia”, he recalls. “My mother supported us by working as a maid. Frivolous consumption often meant... More



    Exploring the Transformation of Human Work in Relation to the Shock of the Novel Coronavirus Pandemic

    Exploring the Transformation of Human Work in Relation to the Shock of the Novel Coronavirus PandemicEconomy Near Us (XXVIII)

    No. 22, Mar.-Apr. 2020

    Work is one of the concerns of our daily lives. Permanent, but often on very short-term, concerns about work issues are at the forefront of public debates specific to the economic or other fields of social sciences. Countless scientific studies and... More



    No Way In, No Way Out

    No Way In, No Way Out

    No. 22, Mar.-Apr. 2020

    Scratching beneath the surface of socio-political matters results in a multitude of findings and novelties. It is time that enough answers were given to the everlasting questions which naturally follow the inquiry into the reasonableness of dominating... More



    Mutating Mindsets and Contagious Behaviours (Part III): Diagnosing the Geopolitical and Geoeconomic Risks of the Coronavirus Outbreak

    Mutating Mindsets and Contagious Behaviours (Part III): Diagnosing the Geopolitical and Geoeconomic Risks of the Coronavirus Outbreak

    No. 22, Mar.-Apr. 2020

    In the previous parts, we argued why behavioural economics does a better job of explaining consumer and supplier behaviour in the time of the coronavirus outbreak than the neoclassical paradigm. Both approaches were discussed at a... More



    Coronavirus: Commission Hosts a European Hackathon to Develop Innovative Solutions to Fight the Outbreak

    Coronavirus: Commission Hosts a European Hackathon to Develop Innovative Solutions to Fight the Outbreak

    No. 22, Mar.-Apr. 2020

    As of 24 April and throughout the weekend, the Commission will host the pan-European #EUvsVirus Hackathon, under the patronage of Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth. The hackathon... More



    Mutating Mindsets and Contagious Behaviours (Part II): Zooming in on Economic Decision-Making in the Time of the Coronavirus

    Mutating Mindsets and Contagious Behaviours (Part II): Zooming in on Economic Decision-Making in the Time of the Coronavirus

    No. 22, Mar.-Apr. 2020

    As we have reemphasized, neoclassical economics, with all its shortcomings, is still considered to be the mainstream wisdom and the reconciliating synthesis of ages-old advances in economic science. Behavioural economics, for its part, is a rather... More



    The COVID Crisis and the 2nd Pillar of the Romanian Pension System

    The COVID Crisis and the 2nd Pillar of the Romanian Pension System

    No. 22, Mar.-Apr. 2020

    Far from the public attention, the value of the assets held in the seven private funds that manage the pension money in Pillar II for seven and a half million future pensioners decreased dramatically in the second part of February and continued to decline... More



    Mutating Mindsets and Contagious Behaviours (Part I): An Overview of the Coronavirus Outbreak and Its Insights for Economic Theory

    Mutating Mindsets and Contagious Behaviours (Part I): An Overview of the Coronavirus Outbreak and Its Insights for Economic Theory

    No. 22, Mar.-Apr. 2020

    It is no longer a secret that the new coronavirus outbreak is the most significant issue troubling mankind at the moment, generating a level of panic and uncertainty with powerful effects on all level of society, politics and the economy. What... More



    Was the Islamic State a Real State?

    Was the Islamic State a Real State?

    No. 22, Mar.-Apr. 2020

    The self-proclaimed Islamic State, known to the international press under the ISIS moniker, became a true center of power in the Middle East in the period 2014-2017. Its success came with a background of instability generated by the Arab Spring... More



    The CORONAtion of Equality, the Abdication of Inequality

    The CORONAtion of Equality, the Abdication of InequalityOr viceversa?

    No. 22, Mar.-Apr. 2020

    We all are equal in front of death, but we are living lives in unequal ways, because of our deeply uneven endowments and unsimilar chances that Gods or odds reserve for us. We are (supposedly) alike in front of laws, while some... More



    Communicative Action, Subjective Perception and the Hermeneutics of Capital Structure

    Communicative Action, Subjective Perception and the Hermeneutics of Capital Structure

    No. 22, Mar.-Apr. 2020

    This article highlights the implications of the subjective communication and interaction between economic agents in the process of expanding individual and implicitly social knowledge. Each economic actor goes through a set of unique... More



    Free vs. Fair Trade – Pandemic Edition

    Free vs. Fair Trade – Pandemic Edition

    No. 22, Mar.-Apr. 2020

    At the beginning of studying economics, the two basic ideas every undergrad learns about are the theories of absolute and of comparative advantage, respectively. Ricardo, one of the most influential classical economists, claims that countries... More



    A Treatise to Challenge the World of Tweets

    A Treatise to Challenge the World of Tweets“Information may be abundant, but knowledge remains scarce”. This is the message of a collective of scholars from the Bucharest University of Economic Studies, the Faculty of International Business and Economics

    No. 22, Mar.-Apr. 2020

    One may reasonably question any new… old-style opus, in times of “fast and furious” facts and figures, expressions of international economic relations (scientific literature markets here included): Isn’t it enough that we are now part of an... More



    Smith, Hayek and the Virus: Entrepreneurial Responses in Times of Crisis

    Smith, Hayek and the Virus: Entrepreneurial Responses in Times of Crisis

    No. 22, Mar.-Apr. 2020

    The world is struggling with despair in the face of an uncaring threat at the moment of writing these ideas: that word is not even worth mentioning any longer, since it is probably on the lips (and in the ears) of the majority of people worldwide.... More



    Taxation of Wage Earnings for Pension Purposes in Romania, since 1950

    Taxation of Wage Earnings for Pension Purposes in Romania, since 1950Some implications at present

    No. 22, Mar.-Apr. 2020

    The income tax has increased about four times in Romania since 1950, according to data published by the National Institute of Statistics (INS). The evolution of gross and net earnings shows that we have reached a doubling compared to the period.... More



    Pandemic: Of Words, Beasts, and the Gates of Peace

    Pandemic: Of Words, Beasts, and the Gates of Peace

    No. 22, Mar.-Apr. 2020

    The world is facing a pandemic. People are looking for ways in which to minimize its effects and defeat the virus. Some are taking all the necessary precautions. Some are treating the situation lightly. Some are panicking. And some… are.... More



    On the Self-Testability of the Minimum Wage

    On the Self-Testability of the Minimum WageEconomy Near Us (XXVII)

    No. 22, Mar.-Apr. 2020

    As I have shown, in a previous intervention, in which I explained the conceptual difference between the minimum salary (the actual minimum wage, with the particularity that is generated by the market, rigorously called “minimum nominal salary”).... More



    Corona-Economy: From Crisis to Rebuilding Trust

    Corona-Economy: From Crisis to Rebuilding Trust

    No. 22, Mar.-Apr. 2020

    The Corona-Economy is already the grand economic challenge of the year 2020, but also of the political establishment. The latest developments are very serious, quite worrying for many sectors, which demand a coordinated response in terms of.... More



    The Race to The Bottom in Oil

    The Race to the Bottom in Oil

    No. 22, Mar.-Apr. 2020

    With the developed world in transition towards a short and medium-term economic self-flagellation as a means of reducing the impact of the SARS-COV-2 virus spread, there is little room for economic news that is not related to markets tumbling.... More



    Will the Coronavirus Amplify the Role of the Government in the Economy?

    Will the Coronavirus Amplify the Role of the Government in the Economy?

    No. 22, Mar.-Apr. 2020

    A defining phenomenon for virtually the last hundred years is the expansion of state influence in all areas. The extreme was reached in the communist and fascist countries, where, under dictatorship, all freedoms were altered. In Western.... More



    Brâncuși’s Endlessness and the Scarcity of Some Means

    Brâncuși’s Endlessness and the Scarcity of Some MeansTo whom does his work belong?

    No. 22, Mar.-Apr. 2020

    The public subscription for Brâncuși’s “The Wisdom of the Earth”, to get it from private hands “back” to the Romanian state, failed not so long ago. In markets, big money is paid for his works, more than “all” Romanians managed to gather. The moral? Art.... More



    COVID-19: Counting the Cost

    COVID-19: Counting the Cost

    No. 22, Mar.-Apr. 2020

    Fighting epidemics, or stopping them from spreading, has a cost. The direct costs of the COVID-19 pandemic are, of course, deaths and the sickness that prevents people from working. However, the indirect effect or Economic Cost include the labor.... More



    How the Evolution of ITC Shaped the Field of Diplomacy

    How the Evolution of ITC Shaped the Field of Diplomacy

    No. 22, Mar.-Apr. 2020

    When looking at the historical evolution of diplomacy and foreign policy, for centuries they have ended up relying on the traditional establishment of delegations or ambassadors, formalizing bilateral and multilateral agreements regarding various.... More



    The CoVID-19 Pandemic – Changing the Paradigm

    The COVID-19 Pandemic – Changing the ParadigmSir William Osler: “Medicine is a science of uncertainty and the art of probability”

    No. 22, Mar.-Apr. 2020

    For almost three months now the entire world is in the midst of a very aggressive and rapidly evolving outbreak with new Coronavirus, that today is known as COVID-19. The origin of the outbreak is in China, the province of Hubei (Wuhan) and.... More



    A Strategy of Subversion

    A Strategy of Subversion

    No. 22, Mar.-Apr. 2020

    Half a century ago the German sociologist Helmut Schelsky succinctly dissected the political strategy of left-wing radicals in West Germany and the West generally. His essay, “The New Strategy of Revolution,” remains one of the best.... More



    (Corpo)Rational Person(ality)

    (Corpo)Rational Person(ality)

    No. 22, Mar.-Apr. 2020

    It is perhaps characteristic of modern times to gather large groups of people who share the same perpetual quest for what is called freedom of expression and action within a free world, to make use of it with every single opportunity they might.... More



    Interstellar Rights

    Interstellar RightsProviding more legal support to companies to explore outer space brings benefits to all mankind

    No. 22, Mar.-Apr. 2020

    The exploration of space is now shifting the paradigm as recent innovations put in light incredible discoveries. The space economy is undoubtedly the most captivating industry of the future. As it develops, dependence on satellite-based.... More



    From Energetics to Economics

    From Energetics to EconomicsStarting from the nodal analysis concept, engineer Cezar Mereuță opens up a new domain of inter-disciplinary research for economists

    No. 21, Jan.-Feb. 2020

    The fine connoisseurs say that statistics are perfectly comparable with the beach attire of an attractive young woman: reveals what everyone is allowed to see, but hides from the public eye the most appealing details. Because statistics is a science.... More



    The Efficient Wage and Its Challenges

    The Efficient Wage and Its ChallengesEconomy Near Us (XXVI)

    No. 21, Jan.-Feb. 2020

    The standard Economics states that the gross nominal wage which is consistent (that is, non-contradictory) with the criterion of economic behaviour of the employer – the gross profit maximization – must be at most at the level of monetary.... More



    Technology and Ethics: Of Man and Wisdom

    Technology and Ethics: Of Man and Wisdom

    No. 21, Jan.-Feb. 2020

    In Isaac Asimov’s Bicentennial Man, the fictional robot character of Andrew Martin spends centuries suffering many modifications in order to be accepted by humanity as one of their own.The story shows Andrew, whose name comes from the Greek.... More



    Romania: A New Energy Power

    Romania: A New Energy PowerAfter a slowly diminishing status, brighter days to come?

    No. 21, Jan.-Feb. 2020

    While contemporary interest in energy questions focus on the Middle East, Romania has an impressive record in petroleum production which can be traced to 1517. Romania has a history of more than 150 years in oil extraction and in 1838 became.... More



    A Leaflet for Economics?

    A Leaflet for Economics?

    No. 21, Jan.-Feb. 2020

    It may be rightfully supposed that the first few months of higher education represent a turning point for most people. It is undoubtedly of a great importance that people take the decision of wholeheartedly stepping into a new environment and.... More



    Europe after Brexit: Isolating the Continent

    Europe after Brexit: Isolating the Continent

    No. 21, Jan.-Feb. 2020

    The exit of the United Kingdom from the European Union remains undoubtedly the event of the year 2020. From a technical, procedural and institutional point of view, it was an impeccable, flawless process, according to the provisions... More



    With Regards to Government Charity for the Private Sector

    With Regards to Government Charity for the Private SectorEconomy Near Us (XXV)

    No. 21, Jan.-Feb. 2020

    In a market economy, which is also presumed to function within a free society, generally, the goods and services needed for individuals are acquired through economic transactions (regularly through work and the processes around it – saving... More



    Relations with East Asia – A View from Romania

    Relations with East Asia – A View from Romania

    No. 21, Jan.-Feb. 2020

    The situation of the world today makes it difficult to even agree on whether we, as humanity, are going towards the right or the wrong direction. This is indeed a time of increasing fluidity, fake news, rapidly rising populism, which all makes vision and... More



    The Future of Cars: Reinventing Transportation

    The Future of Cars: Reinventing Transportation

    No. 21, Jan.-Feb. 2020

    The automobile industry’s cycle-race to embrace electric and autonomous vehicles did not include all its factories and workers. Neither did softening global auto sales help the market situation. And a change in the downward slope of the number of... More



    On Brexit and Other Exits

    On Brexit and Other Exits(Praxeo)Logical insights regarding economic and political integration

    No. 21, Jan.-Feb. 2020

    The United Kingdom has just spent its first days out of the European Union. The exit, completed by the Prime Minister Boris Johnson (the third British PM in a row, since Brexit began, four years ago) together with his political counterparts from... More



    A Perspective by and for the Youth

    A Perspective by and for the Youth

    No. 21, Jan.-Feb. 2020

    To most of us, it goes without saying that today’s youth will be tomorrow’s helmsmen amidst the tumultuous sea that life is. For “the little ones had become big, and the big ones had become almost men during the two years they were adrift in the... More



    My Mauser Is Bigger than Yours

    My Mauser Is Bigger than YoursThe arms race in the South Caucasus

    No. 21, Jan.-Feb. 2020

    The arrival of four recently acquired Russian Su-30SM heavy multifunctional jet fighters in Armenia is far from being defined as ‘turning the chessboard on one’s opponent’, but it definitely triggers a new stage in the arms race between Armenia... More



    Political and Economic Fallacies: A Tribute to Sir Roger Scruton

    Political and Economic Fallacies: A Tribute to Sir Roger Scruton

    No. 21, Jan.-Feb. 2020

    Adam Smith’s invisible hand, Frederic Bastiat’s essay “What Is Seen and What Is Unseen,” Michael Polanyi’s Tacit Dimension, Friedrich Hayek’s “spontaneous order,” and the Christian doctrines of subsidiarity and sphere sovereignty – these... More



    Leadership à la CEE: Values & Approaches

    Leadership à la CEE: Values & Approaches

    No. 21, Jan.-Feb. 2020

    Another book review? Of yet another leadership book? There are and continue to appear so many books on leadership from so many angles, including innovation, creativity and artificial intelligence. And yet, what makes this particular book... More



    Russia’s Trump Card against China and Reshaping Power Dynamics

    Russia’s Trump Card Against China and Reshaping Power DynamicsWhat Russia stands to gain from the US - China rivalry

    No. 21, Jan.-Feb. 2020

    On 18 December 2019, Donald Trump, the current President of the United States of America, was impeached by the House Judiciary Committee following allegations of abuse of power and obstruction of Congress, the third US President to be... More



    Russian Relations with North Korea

    Russian Relations with North Korea

    No. 21, Jan.-Feb. 2020

    The changing relationship between Russia and North Korea has its beginnings when the Soviet Union and China became rivals for influence within the Communist world. In the contemporary context, there is a triangle of complicated relations... More



    The Market Liberalization of Space Odysseys

    The Market Liberalization of Space Odysseys

    No. 21, Jan.-Feb. 2020

    Towards the end of 2019, a software issue during launch meant that Boeing’s Starliner spacecraft was unable to perform its first mission to supply the International Space Station as intended. It might by counted as merely one of the many problems... More



    The Anthropocene-Fallacy: Learning from Wrong Ideas

    The Anthropocene-Fallacy: Learning from Wrong Ideas

    No. 21, Jan.-Feb. 2020

    The Anthropocene is a proposed geological epoch dating from the commencement of significant human impact on Earth’s geology and ecosystems, including, but not limited to, anthropogenic climate change. While it is not an... More



    The “Avenger” from SpaceX and Tesla

    The “Avenger” from SpaceX and TeslaMIND(s that filled) THE GAP(s) [VIII]

    No. 21, Jan.-Feb. 2020

    The main purpose of this essay is to highlight the life and the entrepreneurial journey of one the most influential people of the moment and how he permanently changed the world with his abilities and perception of things. Elon Reeve Musk... More



    BTS – The Freedom of Musical Expression Remains Unlimited

    BTS – The Freedom of Musical Expression Remains UnlimitedMIND(s that filled) THE GAP(s) [VII]

    No. 21, Jan.-Feb. 2020

    In the past, there was The Beatles. In the second half of the 20th century, The Beatles became the most popular band in the entire world. Time passed and the 21st century brought new legends to the music industry. Most likely the biggest boy band in... More



    Foundation: The Very Basis in Makeup

    Foundation: The Very Basis in MakeupMIND(s that filled) THE GAP(s) [VI]

    No. 21, Jan.-Feb. 2020

    Perhaps everyone who uses makeup has wondered at least once about its origins? Every little thing has its own past but not a lot of people know the history of foundation. Surprisingly, its antecedents are not as pretty.Foundation traces its... More



    Mr. Sam’s Walmart Empire in Uncle Sam’s American Republic

    Mr. Sam’s Walmart Empire in Uncle Sam’s American RepublicMIND(s that filled) THE GAP(s) [V]

    No. 21, Jan.-Feb. 2020

    Samuel Moore (or how people liked to call him later on, “Mr. Sam”) was born in 1918 in Kingfisher, Oklahoma, and lived there until 1923 with his parents, Thomas Gibson Walton and Nancy Lee Lawrence Walton. He had a brother, James... More



    Innovation in the Eye of the Beholder: Optical Breakthroughs

    Innovation in the Eye of the Beholder: Optical BreakthroughsMIND(s that filled) THE GAP(s) [IV]

    No. 21, Jan.-Feb. 2020

    he commonplace objects that we surround ourselves with are just as indispensable for our everyday businesses as they are, individually and collectively, piecemeal retellings of different parts of our civilization and the progressive attempts by... More



    ADI DASsler’s “Impossible is Nothing” and “The Miracle of Bern”

    ADI DASsler’s “Impossible is Nothing” and “The Miracle of Bern”MIND(s that filled) THE GAP(s) [III]

    No. 21, Jan.-Feb. 2020

    “It’s over! Over! Over! Germany are the World Champions!”, Radio reporter Herbert Zimmermann’s jubilant words still resound in the hearts of many Germans, as a newly-created West Germany conquered the most coveted trophy in international... More



    Apple’s Handheld Evolution: From the Newton MessagePad to the iPhone

    Apple’s Handheld Evolution: From the Newton MessagePad to the iPhoneMIND(s that filled) THE GAP(s) [II]

    No. 21, Jan.-Feb. 2020

    Ever wonder how some things came to be? Just look at your phone. We cannot even imagine life without it anymore, but it is not always that we think of how much sweat and tears were put into achieving this particular invention. To be more... More



    Make Education Relevant Again!

    Make Education Relevant Again!MIND(s that filled) THE GAP(s) [I]

    No. 21, Jan.-Feb. 2020

    “The times they are a-changin’” and, along with them, the people’s needs and desires are changing as well. This is reflected in many ways throughout the economy, but perhaps the most interesting example we can ponder are the transformations that... More



    The Market for Ideas: Supplying and Demanding Thoughtfulness

    The Market for Ideas: Supplying and Demanding ThoughtfulnessRuminations that inspired the creation, three years ago, of a wilfully free-speech and free-access, hopefully critical and creative, magazine

    No. 21, Jan.-Feb. 2020

    It has been three years since our project – The Market for Ideas – took shape. We have tried to present our readers with interesting ideas from a wide variety of fields and penned by a wide variety of others. To the best of our abilities, we have tried not to... More



    Crossroad Years

    Crossroad YearsSensing 2019, with a tint of 1989 and a glow of 2020+

    No. 21, Jan.-Feb. 2020

    Human beings are obsessed with identifying trends and motifs in the passage of historical ages and to personalize, even deify, their geographical cradles. From the very sages of cultures and civilization(s) to the common folk, it seems that every turn... More



    MORE ARTICLES

    Cultural Goods and Cultural Welfare

    Cultural Goods and Cultural Welfare Some Praxeological and Proprietarian Notes

    No. 4, Mar.-Apr. 2017

    The core intellectual conundrum that fuels the present essay is the following: is culture a product made in “free markets” or a “public good” to be provided by the state – allegedly the only societal institution able to grant individuals the collective means for bundling cultural values, for breeding cultural capital, and for maintaining sustainable cultural behaviour? The answers diverge culturally: from laissez-faire French harmonists to Marxist or Maoist communists, from cosmopolitan libertarians to nationalist autarkists, from old-school conservatives to politically-correct progressives, from Maecenas-entrepreneurs to sacrosanct bureaucrats, from freelance, self-contained artists to publicly-subsidized, politically-connected spoiled artificers. More

    Starting Up on the Island of Love

    Starting Up on the Island of Love

    No. 4, Mar.-Apr. 2017

    Victor Kislyi would for sure have been delighted with current market conditions in Cyprus, but even so, the strong-minded, iron-forged Belorussian young entrepreneur was never short of success. In August 1998 he deployed his units in Nicosia, joined them with home-based brainiacs from Minsk and started a quest to conquer the world with turn-based and real-time strategy warship games. Crown of the jewelry: the 2010 launched World of Tanks. A five-man startup in 1998, Wargaming turned into a four thousand plus employee business with over six million euros in net income. Reason enough for Cypriot authorities to reconsider their stance upon doing international business on the island of love. More

    Hyperconnected: Internet of Things, Big Data and the Future of CRM

    Hyperconnected: Internet of Things, Big Data and the Future of CRM

    No. 4, Mar.-Apr. 2017

    The way in which devices that we are using on a daily basis are designed with all kind of sensors and connected between themselves and the internet, this is the Internet of Things (IoT). Smartphones, smart TVs, and even having a smart home is pushing us into the future. We are facing a revolution, every app we use, every online search, everything that we are doing that is connected in one way or another to the online environment is building up the IoT, feeding it with information which can, and has already started to be used to predict, improve and innovate. More

    Coaching the Business Game

    Coaching the Business Game

    No. 4, Mar.-Apr. 2017

    There is a set of conventional attitudes and customs that employees from business environment try to focus on in daily work in order to achieve results. Either they are members of top management or entry-level positions, business comrades are guiding themselves (more or less) by the following principles. More

    Internationalization Squared

    Research Center in International Business and Economics (CCREI) Internationalization Squared

    No. 4, Mar.-Apr. 2017

    Research Center in International Business and Economics (CCREI) is an academic entity where the complex processes and phenomena specific to internal and global economic and socio - political landscape are analyzed and interpreted in a professional way. CCREI functions under the umbrella of the Department of International Business and Economics, Faculty of International Business and Economics, the Bucharest University of Economic Studies. More

    Cultural Diversity: Same Question, but a Different Answer. The Story of Azerbaijani Multiculturalism

    Cultural Diversity: Same Question, but a Different Answer. The Story of Azerbaijani Multiculturalism

    No. 4, Mar.-Apr. 2017

    We live in a world where people are sacrificed for being a minority. They are sacrificed for being different, although the very notion of ‘different’ is a purely subjective one. More than 70 years ago, anti-Semitism culminated with the killing of millions in Europe. Yet nowadays, the US president announces his intention to build a wall at the Mexican border. On the Asian continent, the armed forced of Myanmar are supposedly seeking the repression of the country’s Muslim minority. Africa is plagued by numerous conflicts, most of them stemming from ethnic and religious reasons, such as the rampages of the group previously known as Boko Haram in Nigeria. And Europe is facing a rise of nationalism and anti-immigrant attitudes, displayed through episodes such as Brexit or the popularity of the far-right in the French presidential elections. While the scope and the approach changed, and its roots also vary, the general attitude of rejection towards those who share a different culture, ethnicity, or religion still persists.   More

    The Risks of the Belt and Road Initiative in the Construction of the Eurasian Economic Corridor

    The Risks of the Belt and Road Initiative in the Construction of the Eurasian Economic Corridor

    No. 4, Mar.-Apr. 2017

    The EU/European market has always been fundamental to the development of economy and trade of China. The EU is the No. 1 trading partner of China. With regards to GDP, the EU is the largest economy in the world with the US and China ranking as the second and third largest economies respectively. Needless to say, the cooperation between the EU and China is of great significance to the economic development of China. For this reason, China has committed to pushing forward the construction of the Eurasian Economic Corridor, so as to facilitate the bilateral trade between the two sides. More

    Cooperation Rationale for China and the CEE Countries

    Cooperation Rationale for China and the CEE Countries

    No. 4, Mar.-Apr. 2017

    When the BRI (Belt and Road Initiative) was first introduced to the world, it was both hailed and doubted. One common misunderstanding regarding the BRI is whether it can transcend individual infrastructure construction and realize true regional economic integration, which would surely help China manage its overcapacity problem and its structural economic transition. However, we should go further and ask another question – what are the infrastructures for? More

    The New Silk Road: Hope in Times of Imminent Danger

    The New Silk Road: Hope in Times of Imminent Danger

    No. 4, Mar.-Apr. 2017

    Dark storm clouds are gathering on the horizon. The financial crisis is back, new tensions between the USA and Russia lie ahead – with heavy implications for Europe – as result of sanctions just established by the American Congress, not the President. On the other hand, we have an inkling of a new and more just world order in the making by China’s New Silk Road Initiative, formerly known as the One Belt, One Road and commonly named the Belt and Road Initiative. If mankind is to survive, we have to bury the old paradigm of geopolitics, that brought us two World Wars and threatens us today with the deadly prospect of a final one – the thermonuclear annihilation of civilization.  More

    The Other Side of the (Chinese) Wall

    The Other Side of the (Chinese) Wall

    No. 4, Mar.-Apr. 2017

    For someone who has been born in the Western world it is quite a challenge to accept or at least to imagine that world is much more diverse, old and complex than the European civilization. Even today, in the age of globalization and Internet, very few Europeans know that Europe represents just about 17% of the world gross product and only a tiny 7% of the world population. More

    Comments on the New Chinese Initiatives and Their Potential Impact on the Sino-Romanian Relations

    Comments on the New Chinese Initiatives and Their Potential Impact on the Sino-Romanian Relations

    No. 4, Mar.-Apr. 2017

    Since 2012, the new Chinese administration has begun to model the Chinese “going-out strategy” under the characteristics of self-assurance, confidence, leadership and global networking. Initially, the Belt and Road initiative (BRI), announced in autumn 2013 by President Xi Jinping, might have appeared as utopian in the intention of reactivating and extending the Silk Road by land and sea beyond Asia-Pacific, towards Europe, Africa and America. The long-term vision of the BRI is underscored by its first implementation phase, which should be finished until 2049, the year of the 100th anniversary of the People’s Republic of China. More

    Romania and China – Friends with No Benefits

    Romania and China – Friends with No Benefits

    No. 4, Mar.-Apr. 2017

    When it comes to the relations between Romania and China both parties refer to each other as being “old friends”, invoking a “traditional friendship” that ties the two nations separated by more than 8,000 km. Although Romania was one of the earliest countries to recognize the People’s Republic of China and the relations were close during the 1970s and the 1980s, with China being one of Romania’s strategic trading partners, the 1990s have been a period of mutual disengagement not only concerning Romania, but all the Central and Eastern European countries (hereafter referred as CEEC). Closer ties were reestablished starting with 1998 as China consolidated its position as an important player in the global economy, marking its new phase of development by entering the World Trade Organization in 2001, The CEEC were also in a process of reorientation, gaining security guarantees and new economic perspectives through their piecemeal European and Trans-Atlantic integration. More

    What Is the Real Cooperation Between China and the Countries of Southeastern Europe

    What Is the Real Cooperation Between China and the Countries of Southeastern Europe How may export to the Chinese market be increased?

    No. 4, Mar.-Apr. 2017

    We have been listening to more and more stories of the New Silk Road (the Belt and Road Initiatives), both in the countries of Eastern and South-Eastern Europe that are approached by this Chinese initiative, as well as in the countries of Western Europe and the United States, which view it with great suspicion.  More

    The Framework of China’s Cooperation with Central-Eastern Europe: A View from the Baltics

    The Framework of China’s Cooperation with Central-Eastern Europe: A View from the Baltics

    No. 4, Mar.-Apr. 2017

    This small material represents an interpretation-based commentary on a particular issue – how a strategically important region for a global actor could clearly determine its role within a sophisticated framework related to a geo-strategic initiative of another global actor. Our discussion revolves around the Baltic States, the EU, China, its Belt and Road Initiative (BRI), and, a direct extension of the latter, the Chinese state’s rapidly developing interconnectedness with a patchy region of sixteen Central and Eastern European countries (the 16+1 Initiative).  More

    The Usefulness of the Danube Strategy for the 16+1 Mechanism and the Belt and Road Initiative

    The Usefulness of the Danube Strategy for the 16+1 Mechanism and the Belt and Road Initiative

    No. 4, Mar.-Apr. 2017

    On the initiative of the People’s Republic of China aimed at intensifying and expanding cooperation with 11 EU member and 5 non-EU member states all in Eastern and South-East Europe the so-called “16+1” mechanism for cooperation was established. It embraces several fields, from investments, transport and finance, to science, education and culture. In the framework of the initiative, China has defined three potential priority areas for economic cooperation: infrastructure, high technologies and green technologies. For ensuring continuous development of the cooperation, a platform of regular meetings was established in 2012. At these meetings, the Chinese Prime Minister meets once a year with the leaders of the 16 countries. Upon the “16+1” mechanism the “Belt and Road Initiative” (BRI) of China got a strong support for realization in Eastern and South-Eastern Europe. More

    China's Space Programme – Born Out of National Needs, Poised to Support Global Progress

    China's Space Programme – Born Out of National Needs, Poised to Support Global Progress

    No. 4, Mar.-Apr. 2017

    The 21st century is believed to become the Asian century. In the last few years, China has introduced several economic and political initiatives which promote its rise as a global power. Embedded in its development and rise is the national space programme. Western observers tend to look at China's space programme as being small, slow, technologically less advanced and not significant enough. Is this a correct view of the current reality? Is China's space programme able to support not only national advancement in science and technology but also support global progress? Which role does the New Silk Road project play in this process? Is it possible to predict China’s near-term future in space? The authors, through consulting open source information and performing in-depth analyses, look to find qualified answers to these questions.  More

    The Drunkenness of Words and the Drunkenness of Reason

    The Drunkenness of Words and the Drunkenness of Reason Preface to the Romanian translation of  The Rape of the Masters: How Political Correctness Sabotages Art,  by Roger Kimball

    No. 4, Mar.-Apr. 2017

    There are books and authors about which you somehow feel they must exist even if you have not met them yet. Under an avalanche of cultural nonsense, you are still waiting for the emergence of some intelligent voices, educated and courageous, to reconfirm the criteria, to affirm, without fear or uneasiness, that white is white and black is black, voices which are not intimidated by the spirit of time, by false academic requirements or endlessly cultural whims, and to write well and make an indispensable artistic recovery effort, in the spirit once proclaimed by T.S. Eliot, “elucidation of works of art and the correction of taste”. More

    Music Industry Development – Future Global Trends on the Rise

    Music Industry Development – Future Global Trends on the Rise

    No. 4, Mar.-Apr. 2017

    The music industry has developed at high speed in the last 30 years and it has changed the way music is listened to, purchased and even produced. Global Internet connections made possible the distribution of music in an instant and immaterial form. Daily, millions of people use different tools like Facebook Social Media, Google+, Twitter, Youtube etc., to interact with the music industry and its dedicated platforms like Soundcloud, Mixcloud, Spotify, Digitally Imported, etc. More

    The Astana Process - Problems and Prospects

    The Astana Process - Problems and Prospects

    No. 4, Mar.-Apr. 2017

    In late 2016, the heads of Russia and Turkey proposed to hold talks in Astana. The President of Kazakhstan, Nursultan Nazarbayev, during the telephone talks with Vladimir Putin and Recep Tayyip Erdogan supported this initiative and expressed readiness to provide a platform for such talks. More

    The Fight against Extremism in Central Asia and the Role of the SCO and the CSTO

    The Fight against Extremism in Central Asia and the Role of the SCO and the CSTO

    No. 4, Mar.-Apr. 2017

    This article is devoted to the problem of building regional security in the Central Asian States within the structures of the Shanghai Cooperation Organisation (SCO) and the Collective Security Treaty Organization (CSTO). Only coalitional efforts of all interested States can provide effective resistance to the transborder terrorism in the region. Therefore, the importance of international cooperation in the field of security is increasing. Of the central Asian states, Kazakhstan, Kyrgyzstan and Tajikistan are members of CSTO. Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan are members of the SCO. Therefore, the organizational-institutional framework of the CSTO and the Shanghai Pact allows these States to combat these threats. Meanwhile, Turkmenistan remains a neutral state, non-aligned to the blocs being formed or joined by its neighbors.  More

    Youth Empowerment Seen from the Gulf Countries

    Youth Empowerment Seen from the Gulf Countries

    No. 4, Mar.-Apr. 2017

    Lack of communication, the failure of governments to design policies, inertia in changing mindsets and reluctance were the problems seen as obstacles in promoting the youth in today’s world during the 6th edition of the International Government Communication Forum that took place last week in the emirate of Sharjah in the United Arab Emirates, a forum that gathered over 2,500 governmental experts, academics, researchers and business people, former Presidents of countries and Prime Ministers. More

    Why the EU Banking Union Won’t Work for Long

    Why the EU Banking Union Won’t Work for Long

    No. 4, Mar.-Apr. 2017

    Banks are economic profit driven entities taught to perform in a competitive environment. Business agents cannot act lawfully in a predetermined and heavily regulated environment without seeking new niches and innovative business lines. Historically, money lenders and banking establishments have lent money to all kinds of borrowers and have financed various activities. More

    Planning for Freedom in Central and Eastern Europe: Mises’s Proposal for Political Integration

    Planning for Freedom in Central and Eastern Europe: Mises’s Proposal for Political Integration

    No. 4, Mar.-Apr. 2017

    Today, Ludwig von Mises (1881 - 1973) is primarily remembered for his contributions to economic theory. But Mises’ contributions are not confined to scholarly works on economics and epistemology. We may say that there is yet another side to this profound thinker and prodigious author, to which Ebeling (2012) astutely refers to as the "unknown Mises" or Mises, the applied economist. More

    South-Asian Standoff: The Broader Implications of Russian Involvement in the South China Sea

    South-Asian Standoff: The Broader Implications of Russian Involvement in the South China Sea

    No. 4, Mar.-Apr. 2017

    Sino-Russian relations are never easy to categorise neatly. Marked in equal measures by common interests and a mutual distrust, by a tendency to cooperate as well as the pressure of the competition that their geopolitical profiles consign them to, China and Russia have not had any significant clashes since the end of the Cold War, when a Sino-American alliance was forged as part of the US strategy to contain the USSR. Over the years, there have been various efforts on both camps to capitalise on their mutual interests and solidify their collaboration. Both countries are part of the Shanghai Cooperation Organisation, and China has resumed importing Russian military gear following a European Union-enforced arms embargo in the wake of the Tiananmen Square protests. The NATO presence in Central Asia and the Middle East has also driven Russia and China to seek common ground in order to avert the expansion of American influence in the region. Moreover, in 2014, China and Russia signed a 30-year deal to sell energy to China and to build the ambitiously named Power of Siberia, a pipeline which would transport Russian gas to the Far East. More

    Trump and the Paris Agreement

    Trump and the Paris Agreement

    No. 4, Mar.-Apr. 2017

    The negotiations for the Paris Agreement were concluded at the 21st Conference of Parties of the UN Framework Convention on Climate Change in December 2015, and it entered into force in October 2016. It has been signed by 195 countries and ratified by 144. President Trump has repeatedly spoken out against the Paris Agreement and the “climate change industry” and made it a campaign plank to exit the Agreement. For all of its apparent randomness, there is one obvious trend in his Cabinet appointments, past and present, which is to appoint people who exhibit an ideological break from the policies of the past Administration or who are skeptical of the worldview of their respective agencies. Naming a “climate change skeptic” and pro-business advocate, Scott Pruitt, to the Environmental Protection Agency was one such move. Naming a China and free trade skeptic, Robert Lighthizer, to be US Trade Representative (a Cabinet level appointment) was another. And there are still more examples, such as the failed nomination of fast-food CEO Andrew Puzder as Secretary of Labor. More

    Budapest, Again the “Capital” of 16+1

    Budapest, Again the “Capital” of 16+1

    No. 4, Mar.-Apr. 2017

    Budapest hosts this year on the 27th of November the sixth summit of 16+1 Initiative, designed China and its 16 Central and Eastern European (CEE) partners. The first economic forum of the 16+1 countries took place also in Budapest, six years ago. The 16+1 mechanism was officially initiated in 2012 during the Warsaw Summit by the People’s Republic of China in order to stimulate the cooperation with Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia. The subsequent yearly summits (Bucharest, Belgrade, Suzhou and Riga) and side events such as business forums, national coordinators’ gatherings, seminars and various 16+1 Ministers' meetings have given a new impetus to China-CEE relations.  More

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    Amfiteatru Economic

    OEconomica No. 1, 2016
    IN THE AGORA
    Agora
    “Pierre Werner Centenary” medal “Pierre Werner Centenary” medal

    The National Institute for Economic Research “Costin C. Kirițescu” of the Romanian Academy bestowed the “Pierre Werner Centenary” medal to the Rector of the Bucharest University of Economic Studies, Professor Nicolae Istudor, Ph.D., in recognition of his contributions to higher education and academic research and of his sustained efforts to promote the national culture and its values in the Wernerian sense of harmony and compatibility with the wider European civilization and its aspirations.

    The ceremony was occasioned by the 4th edition of the International Conference ESPERA 2016 on “Economic Scientific Research – Theoretical, Empirical and Practical Approaches”, which took place in Bucharest on December 15-16, 2016. Professor Nicolae Istudor’s keynote speech may be viewed here.

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    Geopolitics and the New Silk Road Geopolitics and the New Silk Road

    Professor Silviu Neguț, Ph.D., delivered a speech on the geopolitics of the New Silk Road and its Eurasian philosophical backdrop during a conference organized by the Black Sea University Foundation on the subject of “Oil and the New Silk Road”. The event took place on December 13, 2016, and brought together a host of noted Romanian specialists from academia, government and private sector. Among them were Vasile Iuga, Senior advisor at PwC Romania, Radu Dudău, the Energy Policy Group, and Liviu Mureșan, the EURISC Foundation. The discussions were moderated by Professor Dan Dungaciu, Ph.D., President of the Black Sea University Foundation and head of the Institute for World Economy, the Romanian Academy (details here).

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    NATO foreign ministers’ meeting NATO foreign ministers’ meeting

    Alexandru Georgescu was a participant, alongside Răzvan Munteanu, Iulian Popescu and Andrei Vlăsceanu, on the ZIUA Z (D Day) TV Show hosted by Col. (ret.) dr. Ion Petrescu on the subject of the latest meeting of NATO Foreign Ministers. The TV Show aired live on December 8, 2016, on 6TV and can be viewed online here.

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    Romania’s EU Council Presidency Romania’s EU Council Presidency

    On November 28, 2016, dr. Octavian-Dragomir Jora declared for Agerpres: “Looking forward to Romania’s Presidency of the EU Council in the first semester of 2019, our country has to employ wisdom and intelligence in mating two essential strains of modern governance by utilizing an appropriate political decision-making structure and an open and competent popular consultation. The first is going to be the often invoked ‘country project’. It does not have to represent a simple piece of ‘literature’, filled with the intellectual infatuation of the contributors and the documents’ custodians, but a two-directional educational exercise (between the decision-making and reflecting elites, on the one hand, and the public, on the other hand) and a sincere discovery of ‘national interest’. In my opinion, this is the best known ‘unknown’ of the domestic public discourse. It is a fixture in the national psyche post-accession, while remaining tantalizingly out of reach of both the public and the authorities and their advisors. The second one is this administrative exercise, which demands institutional maturity: the Presidency of EU Council. Addressed responsibly and rigorously, the course of managing the EU agenda represents a unique moment of opportunity and challenge which can have the benefit of improving Romania’s image as an exotic and erratic presence in the European picture”. (www.agerpres.ro)

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    European challenges for Romania European challenges for Romania

    Europarliamentarian Laurențiu Rebega and the Foundation for the Europe of Nations and Freedom organized on the 26th of November, in Târgu Mureș, the Conference “The European Union and Economic Challenges for Romania”. The event took place in proximity to the impending anniversary of Romania’s accession to the EU, nearly ten years ago. The presentations discussed the pros and cons of accession and highlighted the risks, vulnerabilities and threats that our country will have to manage. Professor Dumitru Miron, Ph.D., and Associate Professor Octavian-Dragomir Jora, Ph.D., from the Faculty of International Business and Economics, the Bucharest University of Economic Studies, Professor Nicolae Băciuț, writer and publicist, and Cora Maria Muntean, President of the National Association of Romanian Merchants (ANCR), were among the speakers (details here).

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    CEECs and the geopolitical winter CEECs and the geopolitical winter

    Alexandru Georgescu was a participant, alongside Răzvan Munteanu and Iulian Popescu, on the Valori Euroatlantice (Euroatlantic Values) TV Show hosted by Col. (ret.) dr. Ion Petrescu on the subject of the Geopolitical Winter in Eastern Europe. The TV Show aired on November 20, 2016, on 6TV and can be viewed online here. Key quotes and comments can be found here.

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    Science and the metrics of visibility Science and the metrics of visibility

    Octavian-Dragomir Jora delivered a speech at Târgul de Carte Gaudeamus (the Gaudeamus Book Fair), on November 16, 2016, during the launch of an important book, “A concepe, a redacta și a publica un articol științific. O abordare în contextul cercetării economice” (“Conceiving, Writing and Publishing a Scientific Article. An Approach in the Context of Economic Research”), written by Vasile Dinu, Gheorghe Săvoiu and Dan-Cristian Dabija. Octavian-Dragomir Jora argues that the neglect of scientific dissemination in national journals is a result of a structure of perverse incentives for researchers, for whom a series of “minimalistic” criteria have been set with an exclusively external orientation and without an attempt to establish a reasonable set of coefficients for truthful comparison between internal and external publications. This leads to distortions of the Romanian landscape for reviewing, validating and disseminating scientific ideas, hindering their gradual entry into the worldwide scientific marketplace and maintaining an unproductive separation between national and global spaces (details here).

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    Riga 2016, China-CEECs meetings Riga 2016, China-CEECs meetings

    As a member of the EURISC Foundation, Alexandru Georgescu was the only Romanian attending the International Think Tank Forum of China and Central and Eastern European Countries held in Riga, Latvia, on November 4, 2016, in parallel with a series of other events related to 16+1 cooperation, including the Summit of the Heads of Government of 16+1, the launch of the Logistics and Transport Center for 16+1 in Riga, a business forum and a conference of sinologists. A short article in Romanian describing the event can be accessed here. A publication titled “Afterthoughts of the Riga 2016 China and Central and Eastern European Countries Think Tank Forum” can be accessed here, featuring also a contribution from Alexandru Georgescu.

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    16+1 and Belt and Road initiatives 16+1 and Belt and Road initiatives

    As a member of the EURISC Foundation, Alexandru Georgescu accompanied EURISC Foundation President dr. Liviu Mureșan to the International Conference on Synergies between 16+1 and the Belt and Road Initiative, organized by the Shanghai Institutes for International Studies (SIIS) on September 25-26, 2016, in Shanghai. A short article in Romanian describing the event can be accessed here.

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    EU, liberal or illiberal momentum EU, liberal or illiberal momentum

    The Center for Institutional Analysis and Development – Eleutheria (CADI), The Friedrich Naumann Foundation (FN), The Institute for Economic Studies – Europe (IES – Europe) and The Society for Individual Freedom (SoLib) organized The September School of Economics, Politics and Philosophy, September 20-25, 2016, at the Hotel Apollo Hermannstadt in Sibiu, Romania. This year’s theme was “Europe at the Crossroads: Illiberal Challenges, Liberal Alternatives”. On this occasion, Octavian-Dragomir Jora delivered a speech entitled “Brave New Europe: Technology, Democracy, Technocracy, Demagoguery” (details here).

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