TheMarketForIdeas

Andreas Stamate-Ștefan
Andreas Stamate-Ștefan
Economist, Assistant Professor, Ph. D., the Bucharest University of Economic Studies, mainly interested in international trade - theory and policy -, comparative economic systems and history of economic thought
Trump, the Tariff Man, and the Necessity for a Distinction: Economist vs. Entrepreneur

Trump, the Tariff Man, and the Necessity for a Distinction: Economist vs. Entrepreneur

Andreas Stamate-Ștefan

No. 52, Mar.-Apr. 2025 The dispute between Trump and the rest of the world regarding custom duties calls back into question a fundamental issue: the distinction between economist and entrepreneur. Furthermore, it shows us the fact that being a businessman, an entrepreneur or a capitalist (I shall use these three terms interchangeably), does not imply having a correct understanding of what is happening in/to the economy. Sometimes, simple economic consequences, such as the ones brought about by imposing a customs duty on imports, can pass you by. The way Trump, the Tariff Man, gives credit to certain Mercantilist principles of seeing international trade, enables us to take a deeper look into this distinction between economists and businessmen/entrepreneurs. More


On Brexit and Other Exits

On Brexit and Other Exits

Andreas Stamate-Ștefan

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 the intricate EU institutional architecture, stands proof that in the age of multilateralism, unilateralism is far from a lost idea.  More


Eclecticism in Economic Theory is Just another Name for State Intervention: The Case of Virgil Madgearu

Eclecticism in Economic Theory is Just another Name for State Intervention: The Case of Virgil Madgearu

Andreas Stamate-Ștefan

Romanian economic historiography on Virgil N. Madgearu (1887-1940), economist and ideologue of the National Peasants’ Party, lacks of a coherent perspective on the ideas and theories underlying the great historical scene, despite its insights and factual information.The present study pays tribute to a classical liberal interpretation of economic history and economic ideas. It reconstructs the portrait of Madgearu, under the banner of “what would a classical liberal economist would have to say about him?” Was he closer to a laissez-faire approach, as understood by the French and British schools of thought, or to various other schools who support state intervention? More


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The Market For Ideas Association

The Romanian-American Foundation for the Promotion of Education and Culture (RAFPEC)
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OEconomica

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