Bogdan Tatavura
Bogdan Tatavura
Economist, B.A. from the Bucharest University of Economic Studies, Faculty of Management, and historian, B.A. from the University of Bucharest, Faculty of History
The Intersection of Religion and Economic Behaviour

The Intersection of Religion and Economic Behaviour

The World Bank published two years ago a study conducted by two Bulgarian economists, Simeon Djankov and Elena Nikolova, which shows major differences in attitudes toward state authority and the adoption of new ideas between Orthodox, on the one hand, and Catholics and Protestants, on the other hand. Differences in attitudes between Orthodox and Protestant Catholics are rooted in major theological differences between these branches of Christianity. Western Christianity (which gave rise to Catholicism and Protestantism) emphasizes reason, individualism, and questioning authority, while Eastern Christianity is associated with mysticism, affection, and community spirit, with less emphasis on law, reason, and questioning authority. [1]  More


Economic Fireside Stories Revisited

Economic Fireside Stories Revisited

The winter holidays is the time for gifts, carols, for meeting with loved ones, for stories near the fireplace and for memories, for mulled wine with cinnamon and warm cake. I propose to you that you read three stories, woven around the teachings of some famous economists from the past centuries. Although they are a product of imagination, the stories describe phenomena that had and continue to have an overwhelming influence on people’s lives. I hope that what you will read further will remind you of the stories you read in childhood, beside the Christmas tree, beyond the economic lessons.  More


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The Romanian-American Foundation for the Promotion of Education and Culture (RAFPEC)
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OEconomica No. 1, 2016