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    The Planet on a Collision Course

    The Planet on a Collision CourseYet, the world’s menaces are not from out there, but sadly from within

    No. 39, Jan.-Feb. 2023

    The development of science fiction and the Space Race in the mid-twentieth century turned mankind’s attention to the stars, fuelling our collective imagination about the wonders and threats that may lie beyond the skyes, from alien contact to... More



    Foot(Glo)ballisation by World Cup

    Foot(Glo)ballisation by World CupThe most relevant ad-hoc study on the current state and fate of our planet

    No. 38, Nov.-Dec. 2022

    If people were to tell their story to the inhabitants of other worlds in this universe, it would suffice to produce a chronicle of earthly discussions containing the keyword or hashtag #WorldCup. I believe we can safely leave out “football” from this label... More



    Global Initiatives and Supply Chains

    Global Initiatives and Supply Chains

    No. 38, Nov.-Dec. 2022

    The security of global supply chains is a topic that the global public is actively debating for the first time since the OPEC crisis of 1973.There have been incidents since then that have highlighted the vulnerabilities produced by this stage of... More



    Breaking the Long Truce

    Breaking the Long Truce

    No. 38, Nov.-Dec. 2022

    The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element of democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government... More



    Inflation Is Back: What Is to Be Done?

    Inflation Is Back: What Is to Be Done?

    No. 38, Nov.-Dec. 2022

    The pressing matter of inflation is once again on the minds of the citizens and the National Bank of Romania (NBR), whose goal is to preserve and maintain price stability. Over the previous year, inflation has dramatically risen. It continues to include a... More



    My Brentry after Their Brexit

    My Brentry after Their BrexitUpon revisiting the UK, I’ve found it just as I’d left it: as if the EU had never existed

    No. 38, Nov.-Dec. 2022

    Could Britain be immutable as well as irreplaceable? This is a question worth pondering, given several of Britain’s attributes: its greatness as an island with tendrils reaching across the entire planet, even if it is limited today to a mere... More



    Italy’s New Populist Government, in Context

    Italy’s New Populist Government, in Context

    No. 38, Nov.-Dec. 2022

    Contrary to many pundits, many of them hysterics with crypto-fascist hallucinations, I do not believe the victory of Giorgia Meloni has a meaningful significance at the European level. There were many voices anticipating an advance of populist political... More



    Cold War Ballet Battles

    Cold War Ballet BattlesThe Arts of Diplomacy [VI]

    No. 38, Nov.-Dec. 2022

    From 1959 through 1962, a series of ballet exchanges between the United States and the Soviet Union led to mutual admiration for the arts as well as some miscommunication. Both the public and the dance critics from the US and USSR (both being... More



    The Woodstock Days of Peace and Music

    The Woodstock Days of Peace and MusicThe Arts of Diplomacy [V]

    No. 38, Nov.-Dec. 2022

    The 60s and 70s in the United States of America were eras whose counter-cultures were defined by war, racial tensions, and a population of youth defying their government. Held in Bethel, New York, from August 15 to 18, 1969, The Woodstock... More



    “Comfort Woman” and an Uncomfortable History

    “Comfort Woman” and an Uncomfortable HistoryThe Arts of Diplomacy [IV]

    No. 38, Nov.-Dec. 2022

    More than 200,000 girls and women from Korea and other parts of Asia were kidnapped from their homes, trafficked, and held captive at front-line brothels by the Japanese army during World War II. These women and girls were given the euphemistic... More



    On Sustainability Today

    On Sustainability TodayEconomy Near Us (LIX)

    No. 38, Nov.-Dec. 2022

    The current period characterised at global level by the action of economic, environmental, geopolitical, societal and technological crises is leading to the transformation of production and consumption systems, making it necessary to accept for a... More



    A Drive with the Devil

    A Drive with the DevilFord’s affair with Nazi Germany (War creatures, great and small [III])

    No. 38, Nov.-Dec. 2022

    World War 2… When you think of it, you think of all the pain and destruction that it has caused from 1939 until 1945. Nazi Germany, the United Kingdom, Soviet Russia and the United States have been some of the most important... More



    Is Neutrality the Answer?

    Is Neutrality the Answer?Switzerland’s economy in the aftermath of the World Wars (War creatures, great and small [II])

    No. 38, Nov.-Dec. 2022

    Ever since before the establishment of the first settlements, people engaged in wars for various reasons, at first for survival and territorial expansion and then out of economic, political, religious and ideological reasons. When talking about war... More



    The Fashion of War

    The Fashion of WarThe mark bellicosity put on clothing (War creatures, great and small [I])

    No. 38, Nov.-Dec. 2022

    The wars that our parents and grandparents fought and died for in the last century drastically changed the people’s minds and views in regards to many aspects, from creating special rules for the conduct of war to reaching goals through peaceful... More



    R&D Expenditure of Major Economic Actors. Romania, Last Place in the EU

    R&D Expenditure of Major Economic Actors. Romania, Last Place in the EU

    No. 38, Nov.-Dec. 2022

    In 2021, the EU spent €328 billion on research & development (R&D), up by 6% compared with the previous year (€310 billion). Compared with 2011, there was a 43.9% increase. These rates of change are in current prices, meaning they reflect both... More



    What Cost Disinflation?

    What Cost Disinflation?

    No. 38, Nov.-Dec. 2022

    The debate over the causes of the 2021 worldwide surge in inflation has been superseded by events without having furnished a consensual conclusion. Many economists and policymakers still hold that the key determinants are supply-side... More



    The Dark Side of Black Friday: Expensive Cheapness

    The Dark Side of Black Friday: Expensive CheapnessMIND(s that filled) THE GAP(s) [XIX]

    No. 38, Nov.-Dec. 2022

    Black Friday has become a well-known commercial event, but how many of us know what it means? Is it a boon to our pockets or is it really just a way for the big retailers to sell their products?People believe that Black Friday is named after the concept that... More



    Robotize This! The (Im)Personal Care Industry

    Robotize This! The (Im)Personal Care IndustryMIND(s that filled) THE GAP(s) [XVIII]

    No. 38, Nov.-Dec. 2022

    In recent years, there has been more and more talk about digitalization and the use of robots in redundant activities, and the discussions also touch on people’s fear of being replaced by robots. Specialists appreciate, however, that robots do... More



    Alibaba and the Opened Treasure of Online Trading

    Alibaba and the Opened Treasure of Online TradingJack Ma’s brief (business) life story, the reformer that few believed in – MIND(s that filled) THE GAP(s) [XVII]

    No. 38, Nov.-Dec. 2022

    Ali Baba is an Arabian folktale hero, conjured up by Scheherazade in one of her 1001 tales, “Ali Baba and the Forty Thieves”. But how do you get from this fairy tale character to naming a company after him? Perhaps it has something to do with an... More



    The Value of Agricultural Output in Romania, Up by 25% in 2021

    The Value of Agricultural Output in Romania, Up by 25% in 2021

    No. 38, Nov.-Dec. 2022

    The value of agricultural output in Romania increased by 25% in 2021, according to the economic accounts for agriculture (EAA) for 2021 published by Eurostat. The sharpest rate of increase was recorded in Bulgaria (+37%) and the third best... More



    The Future of the Outer Space Economy: Powerful States and Visionary Entrepreneurs in the Exoeconomic Paradigm

    The Future of the Outer Space Economy: Powerful States and Visionary Entrepreneurs in the Exoeconomic ParadigmCall for articles

    No. 37, Sep.-Oct. 2022

    The analysis of the economic integration of the off-planet space in the sphere of human activities is an arduous and complex process, a crucial, even vital one. The exploitation of the outer space has become a decisive component of the... More



    Evergrande – a Test of China

    Evergrande – a Test of China

    No. 37, Sep.-Oct. 2022

    For several months, the financial world has been watching with concern the evolution of Evergrande Group in China, whose financial problems have conjured up the specter of an economic contagion that can destabilize not only China's opaque... More



    Sovereignty, Security, Prosperity, and the Future of the Eurasia Project

    Sovereignty, Security, Prosperity, and the Future of the Eurasia Project

    No. 37, Sep.-Oct. 2022

    It is time to think big, far beyond China’s Belt and Road. From the Arctic Circle bordered by the Nordic nations in Europe to the steppes of Central Asia, the peoples that live and work across the breadth of the world’s oldest trade routes have an... More



    Three Seas Initiative: New Direction Foreign Policy Council

    Three Seas Initiative: New Direction Foreign Policy CouncilDubrovnik, Croatia, 14 October 2022

    No. 37, Sep.-Oct. 2022

    Since its founding in 2015, the Three Seas Initiative has grown in importance in the region, uniting the countries of Central and Eastern Europe, and becoming the primary forum for discussion of investment opportunities and energy security. However... More



    The Digital Economy – Generating Opportunities or Vulnerabilities?

    The Digital Economy – Generating Opportunities or Vulnerabilities?Economy Near Us (LVIII)

    No. 37, Sep.-Oct. 2022

    I have argued several times (including in papers published in TMFI) that technological progress can be approached as an opportunity, since, through education and the training of new skills on the labour market, it creates circumstances... More



    Romania: The Highest Shares of Children in Poverty or Social Exclusion in the EU

    Romania: The Highest Shares of Children in Poverty or Social Exclusion in the EU

    No. 37, Sep.-Oct. 2022

    Among the EU Member States in 2021, the highest shares of children at risk of poverty or social exclusion were recorded in Romania, according to Eurostat data. The percentage of 41.5% was well above those for Spain (33.4%) and Bulgaria... More



    Some Reflections on My Experience of Romania

    Some Reflections on My Experience of Romania

    No. 37, Sep.-Oct. 2022

    My first direct contact with Romania took place in July 1965. It was choreographed in such a manner that opportunities to meet members of the public were limited. An inescapable feature of life in Romania under the Communist regime was the... More



    The Restless Desire of Power for Power

    The Restless Desire of Power for Power

    No. 37, Sep.-Oct. 2022

    Today, the regulatory operations of central governments impinge upon virtually all areas of life, leading to widespread efforts by interest groups to have their vision of the good life implemented through law and regulatory oversight. Much of the... More



    CAPITOL LETTERS (Ep. 12): The Truth per Thaler Spent (or the Return on Insightfulness)

    CAPITOL LETTERS (Ep. 12): The Truth per Thaler Spent (or the Return on Insightfulness)The Economics of Science

    No. 37, Sep.-Oct. 2022

    That Economics is a science is a statement against which it is difficult to argue. Be that as it may, enquiring “what kind of science it is” (exact or social science) should be taken as a pertinent question in its own right. Economists, both... More



    The Hunger Games: Weaponizing Food

    The Hunger Games: Weaponizing Food

    No. 37, Sep.-Oct. 2022

    Since the beginning of time, food has been used as a weapon of war. Enemies have tried to starve each other to death. The Romans did it, and so did the Germans, the Americans, and Britain weaponized food against India and the Central... More



    The Hunger Games: Weaponizing Food

    CAPITOL LETTERS (Ep. 11): Across (Twelve) Land(s) and (Three) Sea(s)3SI. And a déjà-vu

    No. 37, Sep.-Oct. 2022

    Phobos, kerdos and doxa: fear, egotism and glory. These are the inner forces of human nature, according to Thucydides, the “grandfather” of political realism, if we are to concede paternity in modern times to H. Morgenthau. These forces animate... More



    Material Consumption, a Key Problem for Sustainable Development in Romania

    Material Consumption, a Key Problem for Sustainable Development in Romania

    No. 37, Sep.-Oct. 2022

    Romania is on the podium in the top 3 in terms of domestic material consumption between EU Member States and holds the first position in the category of non-metallic materials, which includes household garbage. The data were presented... More



    CAPITOL LETTERS (Ep. 10): Samuel F.B. Morse, the Janusian Creator

    CAPITOL LETTERS (Ep. 10): Samuel F.B. Morse, the Janusian CreatorAmerica’s Da Vinci (de)code(d)?

    No. 37, Sep.-Oct. 2022

    “What hath God wrought?” Biblical wonder in the face of divine creation, spelled out by a creative man of science and of art, a man of faith, as well as one of feud. Samuel F.B. Morse by his name, the founding father, in the electro-magnetic “field”... More



    Give Us, God, Our Daily Experts (Part II)

    Give Us, God, Our Daily Experts (Part II)Economy Near Us (LVII)

    No. 37, Sep.-Oct. 2022

    I continue now with the other remaining two classes of incompetency (or, equally, of incompetents), which give themselves the high title of expert. In other places and moments, I have spoken about the conceptual distinction between... More



    From Apollo to Artemis and Beyond

    From Apollo to Artemis and Beyond

    No. 37, Sep.-Oct. 2022

    I consider human curiosity and quest for knowledge to be the main element that propels space exploration. We want to know what lies beyond the limits of our planet, beyond the limits of our solar system, beyond the limits of our galaxy, and to... More



    CAPITOL LETTERS (Ep. 9): The Green New Deals Tango

    CAPITOL LETTERS (Ep. 9): The Green New Deals TangoThe European and American eco face-lifts. And a point on the circular economy’s ruggedness

    No. 36, Jul.-Aug. 2022

    It is currently common sense (regardless of the amount of actual sense) to proselytize the teachings of “climate-changes-caused-by-man-and-to-be-reversed-also-by-man”. Before long, “Dubito” will be summarily excised from René Descartes’ famous... More



    The Theory of Inflation Expectations on Trial

    The Theory of Inflation Expectations on Trial

    No. 36, Jul.-Aug. 2022

    The concept of expectations has, arguably, been the crown jewel of contemporary macroeconomics. In itself, it represents roughly half of all so-called “micro-foundations” innovations that distinguishes modern macroeconomics from its... More



    CAPITOL LETTERS (Ep. 8): Profit to the People!

    CAPITOL LETTERS (Ep. 8): Profit to the People!However, spelling CSR with “C” from compassion, not compulsion

    No. 36, Jul.-Aug. 2022

    “Profit to the People!”. But not by taking from (i.e., taxing) Peter in order to give to (i.e., to spend on) Paul (or putting it more bluntly, “robbing Peter to pay Paul”), but by letting Peter being Paul’s partner, employer or employee, supplier or customer and... More



    The Geopolitical Game of Thrones and Europe’s Energy Crisis

    The Geopolitical Game of Thrones and Europe’s Energy Crisis

    No. 36, Jul.-Aug. 2022

    Ever since the Russia-Ukraine conflict started, it has evolved into an economic war between Russia, on the one side, and the European Union and the United States, on the other. While the US and the EU imposed heavy sanctions to cripple the... More



    CAPITOL LETTERS (Ep. 7): The Noble (and Nobel-Winning) Losing Fight Against Poverty

    CAPITOL LETTERS (Ep. 7): The Noble (and Nobel-Winning) Losing Fight Against PovertyWe are still rich in poor judgments

    No. 36, Jul.-Aug. 2022

    In the essay The Soul of Man Under Socialism, Oscar Wilde puts forth a mindboggling argument for socialism. The poet thereby finds poor people uncomely, so he’d want someone (or something) to redeem them from the desolation of this... More



    Protecting Fiscal and Constitutional Integrity

    Protecting Fiscal and Constitutional Integrity

    No. 36, Jul.-Aug. 2022

    Liberty thrives under rule of law when it applies equally to all. What Francis Lieber called institutional liberty hinges on a willingness of the public and their leaders to recognize and uphold constitutional limitations on the state. Civil liberty... More



    CAPITOL LETTERS (Ep. 6): The Gam(bl)er (Former and Future?) POTUS

    CAPITOL LETTERS (Ep. 6): The Gam(bl)er (Former and Future?) POTUSTrump, beyond the Mar-a-Lago “nuclear”/“unclear” foray

    No. 36, Jul.-Aug. 2022

    As a student, I used to sleep at night, as my days were fulfilling and filled with my studies and the like. My nights as a student in the dorm room were (for the most part) buzzing with an “audio-video” ecosystem. I contributed to the “video” aspect with... More



    Give Us, God, Our Daily Experts (Part I)

    Give Us, God, Our Daily Experts (Part I)Economy Near Us (LVI)

    No. 36, Jul.-Aug. 2022

    On the concept of expert, as semantically opposed to the concept of the politician, I had spoken many times before, including, if I remember well, under this heading too. More exactly, in principle, the politician is an expert of purposes, while the expert... More



    CAPITOL LETTERS (Ep. 5): The Antinomies of the Universe

    CAPITOL LETTERS (Ep. 5): The Antinomies of the UniverseHumaneness’s case

    No. 36, Jul.-Aug. 2022

    Philosophers, scientists, theologians, all appear to live with a somehow implicit and inbuilt mindset that the physical/metaphysical Universe is, despite its obvious oneness, a binary being. This mind-dazzling property seems to apply... More



    Voices from the Goulash Archipelago

    Voices from the Goulash ArchipelagoThoughts on the Orbán speech

    No. 36, Jul.-Aug. 2022

    Hungarian Prime Minister Viktor Orbán has made his yearly pilgrimages to Băile Tușnad (Tusnádfürdő in Hungarian) in Romania into opportunities for oracular speeches on the fate of the Hungarian nation and for the West. This is part of... More



    CAPITOL LETTERS (Ep. 4): The Smithsonian Republic of Knowledge

    CAPITOL LETTERS (Ep. 4): The Smithsonian Republic of KnowledgeAn old world in the New World

    No. 36, Jul.-Aug. 2022

    Patronage is living proof that exceptional public goods can be produced, at least in part, privately. And this goes against the emphatical treatises on economics that theorize and preach the contrary. And when the theory seems far too dry for a... More



    Today We Are Paying the Bill for Rapid Economic Growth

    Today We Are Paying the Bill for Rapid Economic Growth

    No. 36, Jul.-Aug. 2022

    Rapid economic growth brings a lot of good things. If it also improves people's quality of life then we can talk solely about the benefits themselves. Except that something makes a difference. This rapid prosperity has to be paid for, sometimes long... More



    Political Uncertainty and Inflation

    Political Uncertainty and Inflation

    No. 36, Jul.-Aug. 2022

    Recent political events in Romania (the removal of some ministers, the dissolution of the ruling coalition, the dismissal of the government by a motion of no confidence etc.) created a great deal of uncertainty regarding fiscal, monetary and... More



    CAPITOL LETTERS (Ep. 3): The Price of Pricing the Priceless

    CAPITOL LETTERS (Ep. 3): The Price of Pricing the PricelessBeauty is also in the eye of the money-holder

    No. 36, Jul.-Aug. 2022

    The intensifying dialogue among social sciences is one of the most insightful contemporary academic advancements. Promising gains stem from interdisciplinarity, by connecting themes and concepts from a variety of fields, engaging... More



    The Three Seas Initiative – Much Ado about Something

    The Three Seas Initiative – Much Ado about SomethingA useful initiative hobbled by structural issues

    No. 36, Jul.-Aug. 2022

    In pre-war Poland, Marshal Józef Piłsudski developed a grand strategy titled Prometheanism, which meant to weaken the Russian Empire and its successor state, the Soviet Union, by encouraging national independence movements. The... More



    When Art Is Becoming Digital, Should Everyone Get a Piece?

    When Art Is Becoming Digital, Should Everyone Get a Piece?

    No. 36, Jul.-Aug. 2022

    Contrary to other types of commodities that went through a process of digitalization before becoming more accessible to the general public, the art world is not getting there yet. Until now, the digitalization of art seems to enhance the hyper... More



    CAPITOL LETTERS (Ep. 2): “Enlightenment” and “Environment”

    CAPITOL LETTERS (Ep. 2): “Enlightenment” and “Environment”Europe vs. Edison

    No. 36, Jul.-Aug. 2022

    The Smithsonian Museums in Washington, D.C. are, par excellence, propitious places for memory. Universal, and also personal. Walking through the National Museum of American History, I made the acquaintance, in sculptural form, of a... More



    Romania, Last in the EU Regarding the Expected Duration of Working Life

    Romania, Last in the EU Regarding the Expected Duration of Working Life

    No. 36, Jul.-Aug. 2022

    Romania was placed last among the EU Member States regarding the expected duration of working life, according to data provided by Eurostat for 2021. The duration of 31.3 years was lower than in Italy (31.6 years), Greece (32.9 years), Bulgaria (33.1 years)... More



    Ersatz Liberals (Part II)

    Ersatz Liberals (Part II)Economy Near Us (LV)

    No. 36, Jul.-Aug. 2022

    In my last communication, I have identified some issues based on which I would illustrate the weaknesses of those I called the ersatz liberals. I want to now add another issue, so I shall examine, below, five cases that are on the table of current... More



    CAPITOL LETTERS (Ep. 1): Industrial Revolutions

    CAPITOL LETTERS (Ep. 1): Industrial RevolutionsHerald and hubris

    No. 36, Jul.-Aug. 2022

    Industrial Revolutions (IR) are manifestations of the delightful concept of “creative destruction” (J. Schumpeter). This means destroying the useless as a force of creation for the useful, not vice versa, that is being creative in destroying. Destruction... More



    The Economic Consequences of the Russian-Ukrainian War

    The Economic Consequences of the Russian-Ukrainian War

    No. 35, May.-Jun. 2022

    The Russian invasion in Ukraine marked a new war in Europe, which started four months ago and whose end is not yet in sight. The longer the conflict lasts, the larger the threats to world peace will become. The Western world’s reaction was to apply... More



    CAPITOL LETTERS (Ep. 0): New World Orders

    CAPITOL LETTERS (Ep. 0): New World OrdersAll is old and new indeed

    No. 35, May.-Jun. 2022

    When we speak of “order” where the international system is concerned (international relations, to be precise), the discussion gives the impression of value-neutrality, in the same vein as the scientific approach to a problem. However, the minute we... More



    The Future of the Cultural Economy: Ideological Assumptions, Technological Breakthroughs and Ecological Constraints

    The Future of the Cultural Economy: Ideological Assumptions, Technological Breakthroughs and Ecological ConstraintsCall for articles

    No. 35, May.-Jun. 2022

    The “economic” and “cultural” traits of human existence are brought together by the objective fact of subjective values (that incite our sought ends) and valuations (that inform our chosen means). While “cultural economy” is that interplay of... More



    Fostering Recovery through Metaverse Business Modelling

    Fostering Recovery through Metaverse Business ModellingThe 5th International Conference on Economics and Social Sciences (icESS), June 16-17, 2022

    No. 35, May.-Jun. 2022

    The past years’ uncertainties and pressures resulted from the pandemic, alongside new developments in social technology, 5G, cloud computing, augmented and virtual reality, generated the perfect setting for the Metaverse to gain traction. Several... More



    Ersatz Liberals (Part I)

    Ersatz Liberals (Part I)Economy Near Us (LIV)

    No. 35, May.-Jun. 2022

    (Too) many of today’s politicians in Romania claim an intellectual and/or moral affiliation to different political ideologies or schools. Ignoring the fact that such a claim resonates with the voters if and only if the population reaches an average level of... More



    Inflation: Old Wine in New Bottles

    Inflation: Old Wine in New Bottles

    No. 35, May.-Jun. 2022

    Inflation is rapidly rising at present across most of the world. This happens in the aftermath of a first pandemic year during in which the fears of deflation that have characterised the decade following the 2008 financial crisis resurfaced in earnest... More



    How Many Healthy Life Years for Romanians in EU Context

    How Many Healthy Life Years for Romanians in EU Context

    No. 35, May.-Jun. 2022

    In 2020, the number of healthy life years at birth in the EU was 64.5 years for women and 63.5 years for men. Romanians had a significantly shorter healthy life span, four years less for women and 4.2 years less for men. Nevertheless, we ranked at 17... More



    Economic Sovereignty: Between Slogans and Realities

    Economic Sovereignty: Between Slogans and Realities

    No. 35, May.-Jun. 2022

    In the speeches of some politicians and in the writings of some Romanian journalists and economists, the slogan of economic sovereignty is often present. The economic conception expressed by this phrase is obviously inspired by the xenophobic... More



    The Post-Cold War Hybridization of Geopolitical Concepts

    The Post-Cold War Hybridization of Geopolitical Concepts

    No. 35, May.-Jun. 2022

    On November 9, 1989, humanity registered an event whose concrete, yet symbolic value continues to echo to the present day: the wall that had split not only Berlin, but Europe and the whole world as well, started to crumble… Was the Cold War... More



    Europe’s Self-Inflicted Energy Disaster

    Europe’s Self-Inflicted Energy Disaster

    No. 35, May.-Jun. 2022

    The European Union has many inherent advantages and a number of good policy decisions made over the years, to promote convergence and take advantage of its size for economies of scale. However, there are a few sore spots as regards... More



    The Grapes of Parnassos: Is the West Withering on the Vine?

    The Grapes of Parnassos: Is the West Withering on the Vine?

    No. 35, May.-Jun. 2022

    The West – what Philip Rieff called “church civilization” – is succumbing to the false fruits of cultural revolutions which succeed in part because the passing of a single generation is all it takes to wipe the slate and in part because its custodians... More



    Faux Treaty on Witch-Hunting

    Faux Treaty on Witch-HuntingOn the ethics of economic sanctions

    No. 35, May.-Jun. 2022

    “Russia has invaded Ukraine! Russia must be punished!” Thus goes the most commonly expressed sentiment these days, postulating an imperative that seems, however, by far easier said than done. “Economically, politically”, the speech then... More



    The European Significance of the War in Ukraine

    The European Significance of the War in Ukraine

    No. 35, May.-Jun. 2022

    The all-out war unleashed by Russia against Ukraine in February 2022, after months of Sitzkrieg (a play on words between blitzkrieg – lightning war – and sitting around) on its North-Eastern borders, is obviously of primordial concern for... More



    Mayday, May 9!

    Mayday, May 9!The art of(fsets) war

    No. 35, May.-Jun. 2022

    Europeans believe that on a day like May 9 the European Union was made. In fact, it was on the 9th of May 1950 that the idea was launched, in the form of a public declaration that was assured of its impact. It is the famous “Schuman Declaration”, not... More



    Some Aspects on Complexity Economics in the Actual Context

    Some Aspects on Complexity Economics in the Actual ContextEconomy Near Us (LIII)

    No. 35, May.-Jun. 2022

    In Stephen Hawking’s terms, the 21st century will be regarded as “the century of complexity”, implying the ability to unify accepted definitions of complexity from mixed fields, under the auspices of an exhaustive theory which is built under the... More



    Why Columbus Was Not Chinese

    Why Columbus Was Not ChineseAn argument for decentralised rule

    No. 35, May.-Jun. 2022

    Christopher Columbus, the world’s most famous explorer, represents a unique case study in world history and innovation. He is regarded as being a (very) controversial figure, his story being filled with mass murders and enslavement... More



    The US Supreme Court – Kritarchy and Compartmentalizing Manias

    The US Supreme Court – Kritarchy and Compartmentalizing Manias

    No. 34, Mar.-Apr. 2022

    A recent leak from the Supreme Court of the United States (a very serious breach of trust, probably with political aims) is whipping up a severe political disturbance, right before the mid-term elections, which the Party in the White House traditionally... More



    Complicity and Complacency: American Liberalism’s Radical Turn

    Complicity and Complacency: American Liberalism’s Radical Turn

    No. 34, Mar.-Apr. 2022

    What will it take to bring politics back down to earth? We must stop lifting it to heaven! In this age of political religions, all ideologies are best seen as Christian heresies. Since man is made in the image of God, all imitate, covet, even worship this.... More



    Romania, Second Lowest Hourly Labour Cost in EU

    Romania, Second Lowest Hourly Labour Cost in EU

    No. 34, Mar.-Apr. 2022

    Romania had the second lowest hourly labour cost in the EU in 2021, according to data published by Eurostat. The recorded value (€8.5) was higher than in Bulgaria (€7.0), but under the levels for Latvia (€ 11.1), Croatia (€ 11.2), Lithuania... More



    The Boomerang Effect of the Russia - Ukraine Conflict on the Wheat Supply Chain

    The Boomerang Effect of the Russia - Ukraine Conflict on the Wheat Supply Chain

    No. 34, Mar.-Apr. 2022

    One of the most significant shockwaves to be felt outside of Ukraine since the Russian invasion is not in Europe, but in Africa. With an export of $14.75 billion, Russia stood in 8th position of total export to Africa in 2021. Even though the import... More



    The Triad Nature - Nurture - Culture and the Social Justice in the Context of the Current Crises

    The Triad Nature - Nurture - Culture and the Social Justice in the Context of the Current CrisesEconomy Near Us (LII)

    No. 34, Mar.-Apr. 2022

    Discussions about the trinomial nature - nurture - culture back in topically in situations where our living conditions are threatened. Whenever our minimal comfort is threatened, we turn to values such as personal identity, self-respect, ethics, morality... More



    The War Economy: of bits and bobs

    The War Economy: Of Bits and BobsWith your shield or on it?!

    No. 34, Mar.-Apr. 2022

    There are some key assertions which are axiomatic for the pureblood moralists and demonstrable for utilitarians, such as – “war means defeat even for the victors”, “war is the health of the state”, “peace between nations is inconceivable without... More



    The New Liliput’s Warlord

    The New Liliput’s WarlordThe Arts of Diplomacy [III]

    No. 34, Mar.-Apr. 2022

    The Munich Conference of 1938 marked a turning point in World War II. Leading European politicians in Britain and France then succumbed to the demands of the Nazi regime in Germany, while offering them resources to engage in a possible war. After... More



    Semiconductors – the “Future Currency” for Development

    Semiconductors – the “Future Currency” for Development

    No. 34, Mar.-Apr. 2022

    “Semiconductors became as scarce as gold”. As weird this phrase it may look at first glance, it is actually a reality. And it may be a very grim reality if the demand rate will continue to be way higher than supply. These small electronic components are vital... More



    The “Czar” and the Sankt…ions

    The “Czar” and the Sankt…ionsCan wars be won just by a stroke of the pen?

    No. 34, Mar.-Apr. 2022

    Dear Friends, On February, 24, 2022, Ukraine and its people faced an act of the aggression by the Russian Federation. For mostly a month Ukraine is suffering from brutal, open and large-scale aggression and terror by the Russian Federation in our... More



    Address of the Scientific Community of Taras Shevchenko National University of Kyiv to the Partners and Friends in the World Scientific Community

    Address of the Scientific Community of Taras Shevchenko National University of Kyiv to the Partners and Friends in the World Scientific Community

    No. 34, Mar.-Apr. 2022

    Dear Friends, On February, 24, 2022, Ukraine and its people faced an act of the aggression by the Russian Federation. For mostly a month Ukraine is suffering from brutal, open and large-scale aggression and terror by the Russian Federation in our... More



    The Increase in Energy Prices Puts Romania in the Middle of EU Member States

    The Increase in Energy Prices Puts Romania in the Middle of EU Member States

    No. 34, Mar.-Apr. 2022

    Romania ranked in the 13-14th place among EU Member States regarding the increase of prices for energy in January 2022, compared to the same month of the previous year. With a level of 24.1%, our country is below the European average of 27%... More



    American Foreign Policy toward Eastern Europe

    American Foreign Policy toward Eastern Europe

    No. 34, Mar.-Apr. 2022

    In the election for the American President in 2024, foreign policy and national security in America will become a political football in the wake of President Biden’s bungling of American policy toward Russia. Much of this is self-inflicted due to the Democrat... More



    We Still Have Paris!

    We Still Have Paris!The Arts of Diplomacy [II]

    No. 34, Mar.-Apr. 2022

    The Germans occupied Paris on June 14th, 1940 without a fight. The event came one month after the Germans entered France and just a few months after the war started. Everyone expected France to intervene against Hitler’s attack on Poland on... More



    The Highest Proportion of Young People Who Were Severely Materially and Socially Deprived, Recorded in Romania

    The Highest Proportion of Young People Who Were Severely Materially and Socially Deprived, Recorded in Romania

    No. 34, Mar.-Apr. 2022

    Among the EU Member States in 2020, the highest proportion of young people who were severely materially and socially deprived in 2020 was recorded in Romania (24%), followed by Bulgaria (21%) and Greece (16%). On the other hand, the... More



    A Possible Relationship Between the Inclusive Nature of the Modern Labour Market and Technological Progress

    A Possible Relationship Between the Inclusive Nature of the Modern Labour Market and Technological ProgressEconomy Near Us (LI)

    No. 34, Mar.-Apr. 2022

    The article aims to bring to the attention or debate a possible relationship between the inclusive nature of the modern labour market and technological progress. From this relationship, labour market policy options arise that would favour inclusion... More



    The Coronavirus Epidemic in Romania: A Government Failure All-Along (II)

    The Coronavirus Epidemic in Romania: A Government Failure All-Along (II)

    No. 34, Mar.-Apr. 2022

    When vaccination began simultaneously in all 27 EU states, in late December 2020, Romania reported for a short while some of the highest figures in the bloc, but it quickly became the second least vaccinated member country. It is now customary to... More



    A Far-Reaching Book

    A Far-Reaching BookThe Sustainable Development Theory: A Critical Approach: Vol. 1. The Discourse of the Founders; Vol. 2. When Certainties Become Doubts, Palgrave, London, 2020; 2021. Authors: Ion Pohoață, Delia Elena Diaconașu, Vladimir Crupenschi

    No. 33, Jan.-Feb. 2022

    Erudition and research stand to gain from the publishing of this outstanding two-volume study. Sailing against the winds, three scholars from Iași set out to write not just a mere scientific paper – to keep up with the times – but a book. And it turned... More



    The Coronavirus Epidemic in Romania: A Government Failure All-Along (I)

    The Coronavirus Epidemic in Romania: A Government Failure All-Along (I)

    No. 33, Jan.-Feb. 2022

    More than two years after the start of the coronavirus epidemic, the real magnitude of the disaster it has wrought in Romania is plain for everyone to see. Although it entered into lockdown as one of the least affected countries, at least according to... More



    Canvassing the Freedom of a Nation

    Canvassing the Freedom of a NationThe Arts of Diplomacy [I]

    No. 33, Jan.-Feb. 2022

    Among the four paintings created by John Trumbull that adorn the walls of the Capitol Rotunda to commemorate the greatest events of the American Revolution, one in particular makes reference to a salient part of the history of the United... More



    Did the Pandemic Reverse Pasokification?

    Did the Pandemic Reverse Pasokification?Are the left-wing parties in Europe ready for a comeback?

    No. 33, Jan.-Feb. 2022

    Most of us probably do not remember the Greek political former hegemon PASOK. Instead, some of us may be inclined to skip over the letter “S” and think of another kind of Greek hegemon, the football team PAOK. However, PASOK (Panhellenic... More



    Some Aspects of Today’s Economic Growth

    Some Aspects of Today’s Economic GrowthEconomy Near Us (L)

    No. 33, Jan.-Feb. 2022

    We include in the conceptual framework of economic growth, in a broader sense, the individual, the society, the institutional performance, the investment, geopolitical situation, but also issues of natural resource management and the current... More



    Pieces of a Puzzling 2050

    Pieces of a Puzzling 2050As seen from the present of 2022

    No. 33, Jan.-Feb. 2022

    Imagining the future is frequently a delightful pastime, as evidenced by the numerous science-fiction works that have been published over the last century. The various authors pondered how humanity and the role of human beings (both... More



    The Russia-Ukraine Crisis: A Deceptive Geopolitical Jigsaw

    The Russia-Ukraine Crisis: A Deceptive Geopolitical Jigsaw

    No. 33, Jan.-Feb. 2022

    Seven years after the Crimean annexation and the events in Eastern Ukraine, there has been talk again of a possible Russian attack on the Ukrainian state, scheduled for early 2022. One should remember that these speculations were not... More



    The Rise of the Administrative State

    The Rise of the Administrative State

    No. 33, Jan.-Feb. 2022

    Before the Great Depression, President Calvin Coolidge restated an earlier vision of America which had been memorialized at Independence Day celebrations for 150 years. In his sesquicentennial address entitled “The Inspiration of the... More



    Pirouettes and Profits: Pointe Shoes Updated

    Pirouettes and Profits: Pointe Shoes UpdatedMIND(s that filled) THE GAP(s) [XVII]

    No. 33, Jan.-Feb. 2022

    Have you ever wondered how ballerinas make executing such delicate movements look so effortless? From the 19th century, when Maria Taglioni was the first ballerina to ever perform a full-length ballet on pointes, this specific footwear was never... More



    Of Sand and Time – Life, Dignity and Age in a World of the Self

    Of Sand and Time – Life, Dignity and Age in a World of the Self

    No. 33, Jan.-Feb. 2022

    For the first 18 years of life, people are dependent on others. Their productive years are perhaps from 18 to 60, or more, if they are lucky. Then, they become reliant on others again. After having gotten used to independence, they revert to a childlike... More



    On Normative Violence

    On Normative ViolenceEconomy Near Us (XLIX)

    No. 33, Jan.-Feb. 2022

    The social contract (no matter its type: contractarian – John Rawls, of capability – Martha Nussbaum, or of resilience – Robert Nozick) was born precisely to eliminate or avoid the private violence or, at least, to guarantee protection against it, with the state as... More



    The Year 2050, the Imaginary and the Unimaginable

    The Year 2050, the Imaginary and the UnimaginableWe do not know what tomorrow will bring, but we are getting ready for the day after

    No. 33, Jan.-Feb. 2022

    Both “imaginariums” and “histories”, while differing on essential ingredients, visions and vestiges respectively, share an essential imperfection – incomplete information and/or bounded rationality. We compose mosaics (using also our... More



    The Woodstock Days of Peace and Music

    The Woodstock Days of Peace and Music The Arts of Diplomacy [V]

    The 60s and 70s in the United States of America were eras whose counter-cultures were defined by war, racial tensions, and a population of youth defying their government. Held in Bethel, New York, from August 15 to 18, 1969, The Woodstock Festival was a cultural playground of drugs and rock’n’roll that symbolized America’s political and social climate.Like many prestigious music events, Woodstock is a one-off. Yet the impact of the 1969 festival has been felt for decades, changing the live music industry and inspiring millions of people, many of whom weren’t even born then. Woodstock was preceded by the 1967 Summer of Love, the Monterey International Pop Festival and the Atlantic City Pop Festival. But it would overshadow them all. Why? Woodstock was the culmination of a decade of turmoil, marking the awakening of American youth. The 1960s were marked by the Civil Rights Movement, the Vietnam War controversy, riots at the 1968 Chicago Democratic Convention and several high-profile assassination attempts. The second half of the decade in particular was marked by a value war and a surge of anti-establishment sentiment among the country’s young citizens. Woodstock showed that the counterculture was alive and thriving, and that its members were more conscious than ever. More

    Cold War Ballet Battles

    Cold War Ballet Battles The Arts of Diplomacy [VI]

    From 1959 through 1962, a series of ballet exchanges between the United States and the Soviet Union led to mutual admiration for the arts as well as some miscommunication. Both the public and the dance critics from the US and USSR (both being highly distrustful of each other’s actions) were undecided if what they were seeing deserved a series of standing ovations and curtain calls, or maybe no reaction at all.The early years of the Cold War brought with them a new diplomatic tool that appeared to be harmless, simply a means of educating and introducing people on the subject of ballet – this theatrical, gentle and graceful art form. Little did the public know that the use of these cultural exchanges was to undermine the enemy and spread propaganda and ideas meant to influence their views and make them question what they believed: the Americans were supposed to switch from seeing Russians as uncultured, rigid and shut out from the world, while the Russians were supposed to gain further confirmation that their lifestyle was the norm and that the western world is not one they would like to live in.  More

    “Comfort Woman” and an Uncomfortable History

    “Comfort Woman” and an Uncomfortable History The Arts of Diplomacy [IV]

    More than 200,000 girls and women from Korea and other parts of Asia were kidnapped from their homes, trafficked, and held captive at front-line brothels by the Japanese army during World War II. These women and girls were given the euphemistic name “comfort women”. They were sexual slaves who endured rape, cruelty, and inhumane living conditions.Only after Kim Hak-sun, a comfort woman victim, gave her first-ever testimony about her ordeal as a Korean comfort woman in 1991 did these crimes receive widespread notice. Due to this testimony, the topic gained international attention. More

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