Cyber-Cerberus and Hackers’ Hades

Cyber-Cerberus and Hackers’ Hades How to make home(land)s cyber-safer places

The creation of cyberspace may be perceived either as a benign addendum to the biblical Book of Genesis or as man’s fatal conceit making a virtual world mimicking the inherited one. Is it a smarter cover for the physical world – with its old-days and more predictable social life, economic cooperation, and power politics – or a digital hallucination – leaving us disturbed? The godfather of cyberspace is considered William Gibson. He invented the word, using it in his SciFi Burning Chrome story and Neuromancer novel. You do not have to be full-time scientific-fantasist to get the side effects of an avatar-world. An avatar-world will accordingly develop goods and bads that will transcend it and trespass it. Its goods will enhance the source realms, its bads will strike back in it, as happened in the world of www, Facebook, Wikileaks and US presidential campaign interfered by maleficent descendants of the “dark-side” soviets. More

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    Crypto-Kim: Blockchain, Yes; Break Chains, No

    Crypto-Kim: Blockchain, Yes; Break Chains, No

    No. 30, Jul.-Aug. 2021

    The incredible speed with which technology has developed has often left a gap in the regulation of their use. The lack of regulation has become extremely visible in the field of cryptocurrencies, which can be termed as “virtual money”.... More



    Why Nations Move Their Capitals

    Why Nations Move Their Capitals

    No. 30, Jul.-Aug. 2021

    When asked about the capital city of a country, the obvious answer may not be the correct one and there are plenty of examples for this. Usually, we tend to think of cities like Istanbul, Sydney, Lagos or Rio de Janeiro as being capitals, but in.... More



    The Place of Football in the Political Culture of the Twentieth-Century British Working Class

    The Place of Football in the Political Culture of the Twentieth-Century British Working Class

    No. 30, Jul.-Aug. 2021

    Today, football is one of the world’s most popular cultural phenomena. But in order to understand how this ball game has managed to transcend virtually all physical and cultural boundaries, we must take a quick look at its origins.... More



    Adaptive Preferences in the Labour Market

    Adaptive Preferences in the Labour MarketEconomy Near Us (XLII)

    No. 29, May.-Jun. 2021

    We are currently witnessing a reconfiguration of labour market requirements both in terms of employment and in terms of significant changes in skills and knowledge required by digital technologies, with an effect on contractual work.... More



    On Conspiracy Theories and Theorizing

    On Conspiracy Theories and Theorizing

    No. 29, May.-Jun. 2021

    We are inundated with both conspiracy theories and warnings to recognize them as such and ignore them. These instructions come from legitimate elites employing legitimate media sources that feel they are being crowded out by “alternative facts”.... More



    Pleas for Trade Remain Trendy in the Midst of Globalization

    Pleas for Trade Remain Trendy in the Midst of Globalization(Review of Adrian Constantinescu’s, Mechanisms and tools for export stimulation [in Romanian: Mecanisme şi instrumente de stimulare a exporturilor], Expert Publishing House, the Romanian Academy, Bucharest, 2021)

    No. 29, May.-Jun. 2021

    As an economist, I share the belief that, when it comes to realistic alternative systems of social organization, we always choose between the state and the market, between coercion and private property, bureaucratism and entrepreneurship. Thus.... More



    The Great Reset: Rethinking the Future of Work

    The Great Reset: Rethinking the Future of Work

    No. 29, May.-Jun. 2021

    In retrospect, the year 2020 will certainly be seen as the Great Reset. This theme is one that have been echoed repeatedly from different quarters. It is almost certain that post-Covid, the world of work will no longer be geographically bound.... More



    Transatlantic Exchange: Introducing Francis Lieber

    Transatlantic Exchange: Introducing Francis Lieber

    No. 29, May.-Jun. 2021

    It is remarkable how quickly America was transformed from an isolated agrarian republic in 1800 into a hegemonic industrial power by 1900. Intellectual and cultural changes that began taking root in the early half of the century yielded a.... More



    Picketty-Saez v. Lakner-Milanovic: Visions on Income Inequality

    Piketty-Saez v. Lakner-Milanovic: Visions on Income InequalityA comparative analysis

    No. 29, May.-Jun. 2021

    The issue of labor in contemporary Economics and society is a very interesting one. First of all, the rapid changes such as the accelerated evolution of technology and the emergence of new economic paradigms have radically influenced the vision.... More



    Tackling Climate Change and the COVID-19 Pandemic Crisis

    Tackling Climate Change and the COVID-19 Pandemic CrisisEconomy Near Us (XLI)

    No. 29, May.-Jun. 2021

    The issue of climate change has been a global concern in recent years. Based on the theory that global warming is caused by human activity, in the context of industrialization in the last century, governments, corporations, non-.... More



    How Spare Time Legislation Impacts the Workforce in the West

    How Spare Time Legislation Impacts the Workforce in the WestIs the labour market capable of regulating itself?

    No. 29, May.-Jun. 2021

    With today’s modern world being as complex and susceptible to constant change as it is, it is safe to assume that few people, if any, would be able to envision a lifestyle without some basic form of balance. Said balance is sure to include a set of.... More



    Five “Good” Reasons to Hate Economics

    Five “Good” Reasons to Hate Economics

    No. 29, May.-Jun. 2021

    We live in a world where hating something is trendy. Some hate Hawaiian Pizza, some others hate the rich, some hate immigrants, some people hate rap music, etc. Some people hate economics. What is economics about? I would refer to it as a social.... More



    Deciphering Timelessness through Ephemeral Numbers

    Deciphering Timelessness through Ephemeral NumbersIn memory of Professor Cezar Mereuță (1936-2021)

    No. 29, May.-Jun. 2021

    I first made the acquaintance of Professor Cezar Mereuță in the most natural way a young novice economist can meet a master of the profession: as a name on a textbook. In the Professor’s case, his exposure to “the market for ideas” has always been.... More



    IP, Fire, and Other Dangerous Things

    IP, Fire, and Other Dangerous Things

    No. 29, May.-Jun. 2021

    Why is there more money being invested in the development of (video) games than in research of new drugs and medicine? Well, the claim underlying the question may be overblown. But there is evidence for the gaming industry being larger than the.... More



    Romania’s Loss of Competitiveness Compared to Hungary and Poland

    Romania’s Loss of Competitiveness Compared to Hungary and PolandThe real effective exchange rate – a critical indicator

    No. 29, May.-Jun. 2021

    Romania has improved its competitiveness compared to the Czech Republic and Bulgaria at the regional level in recent years but lost ground compared to Croatia, Poland and Hungary, according to data released by Eurostat. With an index.... More



    The Advantages of an Adequate Minimum Wage

    The Advantages of an Adequate Minimum WageEconomy Near Us (XL)

    No. 28, Mar.-Apr. 2021

    We find today, in the specialty literature, analyses and studies that focus on the quality of life, and these frame the concept of wellbeing as concerning the individual and referring to a state. In these works, the semantic features of the concept of.... More



    Seven Things the Suez Canal Incident Taught Us about Globalization

    Seven Things the Suez Canal Incident Taught Us about Globalization

    No. 28, Mar.-Apr. 2021

    The recently resolved Suez Canal incident was the second high profile crisis in global logistics since the beginning of the pandemic. It underscored the significant vulnerabilities of an interdependent world in which supply and production.... More



    Professor Cezar Mereuță’s Paretian Odyssey Continues

    Professor Cezar Mereuță’s Paretian Odyssey ContinuesThe unexpected results of a research that analyzes two parallel worlds, the economy and the pandemic: 10% of the countries of the world generate 80% of the world GDP, but also 80% of the total COVID-19 contagions

    No. 28, Mar.-Apr. 2021

    A paradox confirmed by statistical data: the nodal analysis, used in economics to show that the strongest 10% of the players in a market generate 80% of the total sales in that market, also applies in the field of... the pandemic. This is revealed.... More



    Public Schools, a Rival for Racism and Xenophobia

    Public Schools, a Rival for Racism and Xenophobia

    No. 28, Mar.-Apr. 2021

    Some believe that we live in a world that is advanced and effortlessly evolving in so many different ways, yet it is also stuck and old-fashioned in other ways. Paradoxically, the modern world that we live in is still exposed to racial conflicts.... More



    The Long-Lasting Effects of Colonial Policies

    The Long-Lasting Effects of Colonial PoliciesWhy some post-colonial nations succeed while others do not

    No. 28, Mar.-Apr. 2021

    Whenever we talk about Canada, New Zealand, Libya or Indonesia, we need to bring up the colonial empires which dominated much of the modern world up until the beginning of the Cold War. The periods under colonial rule differ, with.... More



    The 2020 GDP of Romania

    The 2020 GDP of RomaniaEqual to the 2019 GDP in nominal terms and the 2018 one in real terms

    No. 28, Mar.-Apr. 2021

    The National Institute of Statistics confirmed the signal result of the economic growth for 2020 at the level of -3.9%, in the first preliminary version made public. The nominal value resulting from the overall calculation for the last year was RON.... More



    A Few Considerations about the Gender Gap in the COVID-19 Impact on the Labour Market

    A Few Considerations about the Gender Gap in the COVID-19 Impact on the Labour MarketEconomy Near Us (XXXIX)

    No. 28, Mar.-Apr. 2021

    March marks one year since Romania entered a state of emergency and remained on alert due to the pandemic. The Romanian state, like all of the states of Europe and the world, is still looking for solutions to limit its spread. The priority.... More



    A Reactionary Response to a Likewise Football

    A Reactionary Response to a Likewise FootballFrom Conference League to Super League

    No. 28, Mar.-Apr. 2021

    Context: TheChampions League (CL) is the greatest inter-club football competition in Europe and the entire world. Organised every year, it includes the best 32 European football club teams: 26 qualified in advance, while six of them have to go.... More



    The Evolving Identity of the Firm. Cognitive Peculiarities and Idiosyncratic Perceptions

    The Evolving Identity of the Firm. Cognitive Peculiarities and Idiosyncratic Perceptions

    No. 28, Mar.-Apr. 2021

    Research into the theory of the firm began with the publication of “The Nature of the Firm” (Coase, 1937), which led to the appearance of four essential questions about the nature of the firm. Why do firms exist? Why are these organized the.... More



    The Intersection of Religion and Economic Behaviour

    The Intersection of Religion and Economic Behaviour

    No. 28, Mar.-Apr. 2021

    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.... More



    The Road to a Free Economy

    The Road to a Free EconomyOnce upon a time in 1989. And the journey is on going

    No. 28, Mar.-Apr. 2021

    János Kornai needs no introduction to our readers. He is an intellectual force to be reckoned with in the service of liberty. The following pages are an extract from his memoirs specifically selected from a time of great change in Hungary, to.... More



    Binding Leviathan: The Case for Institutional Liberty

    Binding Leviathan: The Case for Institutional Liberty

    No. 28, Mar.-Apr. 2021

    In political theory, as in any inquiry, a question must begin with a perception or a premise. The question is this: How can the identity and integrity of a self-governing institution – whether a church, business, school, even a family – be maintained.... More



    Realities and Perspectives of a New Social Paradigm

    Realities and Perspectives of a New Social ParadigmEconomy Near Us (XXXVIII)

    No. 27, Jan.-Feb. 2021

    Society is currently undergoing a series of transformations, as a result of the effects of the global pandemic, with consequences in all areas of our existence. Approaching from a conceptual point of view the present reality, the concept of entropy returns.... More



    Pablo Neruda – Poetry, Polities, Peace

    Pablo Neruda – Poetry, Polities, PeaceMasters of Diplomacy (III)

    No. 27, Jan.-Feb. 2021

    One of the greatest poets that have ever lived in the Latin America was none other than the Chilean Pablo Neruda (photo: right) born under the name Ricardo Eliécer Neftalí Reyes Basoalto. He was born in Parral, Chile on July 12, 1904.... More



    Beneath It All in Hungary Is Political Corruption

    Beneath It All in Hungary Is Political Corruption

    No. 27, Jan.-Feb. 2021

    Hungary is the black sheep of the European Union. Its contrarian agenda offends the common opinion of other Member States. Just recently, the Hungarian government not only threatened to veto the EU recovery budget but also voiced its.... More



    Vijaya Lakshmi Pandit – Casting a Flood of Light on India

    Vijaya Lakshmi Pandit – Casting a Flood of Light on IndiaMasters of Diplomacy (II)

    No. 27, Jan.-Feb. 2021

    What does it take to fight for the freedom of your country? Some may say it takes courage, strength of character or faith. Some may say you need to be a hero, but The Great Daughter of India, as Vijaya Lakshmi Pandit (photo: right) was often called.... More



    Long-Term Interest Rate Fell Below 3%

    Long-Term Interest Rate Fell Below 3%A courageous change of economic vision would be required

    No. 27, Jan.-Feb. 2021

    Long-term interest rates for Romania fell by almost one percentage point in just two months, according to data released by Eurostat. After increasing up to 4.83% in April 2020, at the end of June it reached a level below the threshold of four.... More



    Vespasian V. Pella – A Peace Fighter

    Vespasian V. Pella – A Peace FighterMasters of Diplomacy (I)

    No. 27, Jan.-Feb. 2021

    It is indisputably mandatory, Vespasian Pella (photo: second from the right, sitting at the table) asserted, to have the following in order to prevent and combat the state “collective crime” – a recognition of the war’s criminal nature, alongside the.... More



    Automatic Stabilizers as Publicly-Oriented Predictors

    Automatic Stabilizers as Publicly-Oriented PredictorsEconomy Near Us (XXXVII)

    No. 27, Jan.-Feb. 2021

    In the economic process, the volatility of macroeconomic variables is not the true problem, but its unpredictability. In fact, this conclusion is equally valid for microeconomics. For example, under the EMH – Efficient Market Hypothesis – a.... More



    When the Appetite for Entertainment Scores Goals

    When the Appetite for Entertainment Scores Goals

    No. 27, Jan.-Feb. 2021

    Romania is attacking on the left side of the pitch, Răzvan Marin and Florin Tănase have a short exchange of passes in the corner of the penalty box, which opens some wide spaces for the latter to penetrate and make a decisive pass for Eric Bicfalvi.... More



    The Pandemic Recession and Government Stimulus

    The Pandemic Recession and Government Stimulus

    No. 27, Jan.-Feb. 2021

    Never before has the global economy been deliberately put into an induced coma. Owing to the coronavirus pandemic, businesses are struggling to break even and unemployment is soaring high. The sudden shock called for a speedy and.... More



    Romanian National Culture Day and the New Normal

    Romanian National Culture Day and the New Normal

    No. 27, Jan.-Feb. 2021

    Do not worry: this is going to be short and… bitter. Bitter is good. In drinks, according to personal taste, and in real life, because it prompts reflection.Therefore, here is what I want to reflect upon today – once again on the National Culture Day of us.... More



    The Effect of Brexit on Romanian Foreign Trade

    The Effect of Brexit on Romanian Foreign Trade

    No. 27, Jan.-Feb. 2021

    Over the last few years, the United Kingdom has been Romania’s most important foreign trade partner with whom we have managed to record a significant trade surplus. The island economy’s exit from the community bloc and the.... More



    Will Lithuania Reclaim Its Own Business Tax Model?

    Will Lithuania Reclaim Its Own Business Tax Model?

    No. 27, Jan.-Feb. 2021

    The recent parliamentary elections in Lithuania have sparked hope that after 18 years the country will revisit its decision to give up a zero-tax rate on reinvested profits, a regime that gave an immense impetus to the country’s investment and.... More



    Piloting Through the 2020 Corona-World:

    Piloting Through the 2020 Corona-World:•An objectively subjective selection•

    No. 27, Jan.-Feb. 2021

    The much-lauded Chinese curse of living in interesting times has certainly applied to 2020. The year saw many disruptions, but also the fulfilment of key trends related to inter-state and intra-state conflict. While no one will mourn its end, we may be right.... More



    MORE ARTICLES

    On the Nature of the Concept of Tolerance

    On the Nature of the Concept of Tolerance Essay on three conferences delivered by Andrei Plesu, Mircea Dumitru and Horia-Roman Patapievici

    I would like to discuss the following issues related to the concept of tolerance (the concept of intolerance can be derived, relatively un-problematically, from that of tolerance): the nature (source) of the concept of tolerance. More

    The Future of Economics Is Human

    The Future of Economics Is Human

    Private actors have long embraced behavioral economics as a way to boost sales and profits yet, until recently, the line of study had not been endowed with a front row seat in the hall of economic policy development. This year’s recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (called the Nobel Prize for Economics), Richard H. Thaler, increases the proportion of behavioral economists upon whom the prestigious award has been bestowed to 6%. His work offers a glimpse into a particular type of libertarianism: coined as “libertarian paternalism” by this year’s Nobel Prize recipient and the co-author of his bestselling book “Nudge”, Cass Sunstein, the pair argues for guiding people in their choices under specific conditions. Libertarian paternalism would prevent losses resulting from neglecting to act upon lucrative propositions such as signing up for a savings plan where the employer matches one’s contribution up to a certain percent of one’s income and reasons in favor of providing as default options for policy implementation the best alternative for the individual or society as a whole (such as automatic enrollment in said savings program) in order to assist fallible or inexperienced individuals with key decisions. Thaler tries to match the two seemingly conflicting interests of the individual and the group (to him, choices need not be a zero-sum game) by minimizing the cost of externalities through defaults that are beneficial to one party while interfering minimally with respect to the other (a widespread example is that of favoring opt-out policies rather than opt-in, on the one hand to increase the number of participants and, on the other, to bank on people’s inertia). More

    In Pursuit of the West

    In Pursuit of the West

    There is a ceaseless notion going on about the rearwardness of Eastern European states and their inability to build lastingness. Ideas uninterruptedly flow about a retrograde existence that keeps the East away from competing with the West; that the hiatus seems to enlarge day after day. Alignment with the West is one of the biggest endeavours of the East. Many efforts are put into an attempt of modernization which gives the impression of being beyond comprehension and realization. Arraying in the same clothes as the big brother looks to have become a mantra of the East, with an ubiquitous hope of a finest hour that will come when differences will no longer exist. Odd enough, the East sets its hopes in an ideal it has never managed to obtain for centuries, but which is now seen as an end goal. More

    Man, Mansion, and Motion (II)

    Man, Mansion, and Motion (II) A Forward History of Homesteading and Horsepowering

    The last argument concluded by leaving an open door to the second facet of our topic: the duality of transport/mobility & house/stability. We set up the context of our discussion based on the relationship between action and movement, which has applicability in the analysed duality. We argued how the action axiom is the spine of the above dualism and we performed afterwards a short review of the history of transport from its roots to its forthcoming developments. Having taken care of transport, we will discuss in this article how humans acted with regard to the concept of homesteading. More

    Romania’s “Sonderweg” to Illiberal Democracy

    Romania’s “Sonderweg” to Illiberal Democracy

    In German historiography, there is a current of thought dating to the 19th century regarding a “special path” (Sonderweg) of political development in Germany or German settled areas. Its first incarnation was a positive one, underlying the German aptitude for social reform and development in the absence of dangerous pressures. After WW2, it became a way of explaining the rise of Nazism and retconning it as inevitable, thus making the leap from theory to tool for self-blame. This article argues that Romania is undergoing its own Sonderweg to illiberalism, based on local specificities of a political and structural nature. More

    “Unplugged Skills”: The Need to Live beyond Technology’s Limitations

    “Unplugged Skills”: The Need to Live beyond Technology’s Limitations

    It would seem as if there is an electrical outlet for everything from one’s toothbrush to their car now. Society is in continuous technological progress. Advances in scientific and technical knowledge have extended and improved our lives. Most of us live in comfort only afforded to kings a few centuries ago and with capabilities they could not have imagined. And with all the new technology come new skill sets, new job prospects, and exciting opportunities. We now have the freedom to work from home or from anywhere in the world, as long as we have a computer and a good internet connection. We can run a business online. We can shop online. We can keep in touch with people from thousands of miles away and deliver messages that reach them in seconds. Everything seems to herald in an exciting future. More

    Models of Globalization

    Models of Globalization The first four meetings of the Interdisciplinary Scientific Seminar “Octav Onicescu”

    By the end of June 2017, when the seminar on “Marxist mathematical economics” was wrapping up, I announced a plan to organize a scientific seminar on “Models of globalization”, and I expoused its basic themes. It extends the economic study from the national to the supranational (of international organizations) and global levels, as was the obvious progression of inquiries. In September, after consulting with potential participants and especially professor Emil Dinga (director of the Seminary “N. Georgescu-Roegen”, of Logic and Methodology of Economics), a plan of organization and a list of reviewers and reports were established. Hence, on the 28th of September 2017, I was able to publish online the purpose, the organization and the program of the seminar, which was described as “interdisciplinary”. Latter on, under the approval of the participants, it was named “Octav Onicescu”, because he was an important promoter of interdisciplinary studies and the seminar was housed by the Institute for Mathematical Statistics and Applied Mathematics, of the Romanian Academy, which bears his name. I also managed for the seminars (together the discussions) to be recorded and published on youtube,com and to be broadcast live, through Skype. More

    A Romanian Perspective on the Three Seas Initiative

    A Romanian Perspective on the Three Seas Initiative

    The Three Seas Initiative is a recent formula describing an older concept. Romania is a reflexive supporter of regional cooperation initiatives, but it is paying special attention to this initiative, as it encompasses a geopolitically significant area with relevance to long-term Romanian interests. This paper argues that this valuable initiative has a latent geopolitical subtext with regards to the two powers flanking the region which is perceived as such, if not commonly articulated, by the countries of the initiative. At the same time, the Black Sea will be a main deciding factor for the success and failure of the Initiatives, owing to several underlying conditions, as well as potential complicating factors. Any sort of Three Seas Initiative development will have to keep this in mind or else risk a concentration of vulnerabilities in the middle portion of the Initiative’s geographical space. The Three Seas Initiative must also be regarded from the perspective of synergies with Chinese initiatives, such as the Belt and Road Initiative and the 16+1 cooperation between China and Central and Eastern European countries. More

    Pandora’s Botnet

    Pandora’s Botnet How the cyber visionaries are sticking us with the bill

    Cybersecurity is mentioned so often that it has become a cliché like climate change, with the other thing they have in common being a disagreement on what solutions are required, who is responsible for them and whether there is a responsibility in changing behaviour so as to minimize these risks. All of these difficult questions are left unanswered not just by the conceptual breadth and diversity of the issue at hand, but also by the ease with which dilettantes and people with agendas can spot facile solutions that obviate the need for difficult questions and answers. More

    PrestiDigital GeoPolitics

    PrestiDigital GeoPolitics Web Spatiality and Territoriality

    We, humans, live and act in the old physical space, though spatiality will never be the same after digits became the atoms of some “virtual matter”, in which our bodies and souls e-immersed. Cyberspace, equated reasonably with the Internet, allows for larger and better markets and fortunes, as well as more and fierce dangers to our security and liberty, to our homes and homelands. More

    The Grand (Binary) Chessboard: Security, Geopolitics and Geoeconomics in the Cyber-era

    The Grand (Binary) Chessboard: Security, Geopolitics and Geoeconomics in the Cyber-era

    For each age that we think to define, there are words that describe the aspects or characteristics that are thought to define it best. The mid-twentieth century was known as the ‘Atomic Age’, when the results of research into nuclear physics were brought to the forefront with the detonation of nuclear bombs. Shortly thereafter, it was succeeded by the Space Age, with the drive to explore outer space and the competition between the world’s superpowers to develop technology to that end. Somewhere from the 1970s, the Information Age is believed to have begun, sprung by the Digital Revolution, with information technology playing an increasingly greater role in human affairs on an ever-growing number of levels: the economy, society, culture, language and politics. Thus, geographic distance became less and less relevant in defining human interaction, and physical contact was no longer an imperative for relations between people. More

    Essentials of Military Cyber Security Strategies

    Essentials of Military Cyber Security Strategies

    There are considerable, even astonishing, differences between the old and new versions of Department of Defense (DoD) cyber strategies. There is a four-year period between the two strategies and the new version explicitly states that the United States may take offensive actions against its persistent adversaries in cyber space. In this article, the major changes in the new strategy are shared with the reader. Secondly, cyber-attacks against the assets of the US in a four-year period have been summarized. Probably, these persistent attacks may be the primary reason for the offensive nature of the new strategy. This article also shares the essentials of a military cyber security strategy, which are in parallel with the evolution of the DoD cyber strategy.  More

    Cyber Conflict and International Law

    Cyber Conflict and International Law

    This article provides a brief overview of the international principles and standards applicable to cyber conflict. The main assumption is that globalization and technological development have changed the international order. These changes affect the nation states and principles and standards established to regulate their relations. The existing international law has limited applicability to regulate potential cyber conflict. Therefore, the International Community must take further steps to prevent these challenges.  More

    Cyber Diplomacy – Addressing the Gap in Strategic Cyber Policy

    Cyber Diplomacy – Addressing the Gap in Strategic Cyber Policy

    Although it is a new topic, cyber-diplomacy has already advanced in leaps and bounds worldwide in an attempt to define and to summarize the efforts constantly made to solve a new type of conflict, namely those taking place in cyberspace. The primary role of diplomacy is to generate common advantage through dialogue, thus the primary role of cyber diplomacy would be to generate advantage through dialogue on cyber security issues. More concrete, a simple assumption would be that cyber diplomacy uses diplomatic tools to solve the problems that emerge in cyberspace. Topics like internet governance, enforcement of law against cyber crime, response to malicious attacks arising in cyberspace, the protection of critical infrastructure, just to mention a few, are of utmost importance and require a dedicated agenda and concrete action. The last decade has seen emerging technologies impact national economic systems in virtual space. This has changed the diplomatic agenda, with cyber threats moving to the top and with many governments already acknowledging that ignoring cyber diplomacy is no longer an option for global dynamics. Both a confusion in terminology and a lack of common legislation when addressing the cyber diplomacy topic is observed, since beyond internet governance and cyber security, a range of topics, from military use of internet to economic growth, are also enclosed by cyber diplomacy.  More

    Terrorist Influence on Children in Cyberspace

    Terrorist Influence on Children in Cyberspace

    Terrorist groups are using cyberspace to propagandize ideological, political and religious concepts, for mutual communication and organization of activities, for planning attacks in the real world and for financing. Social networks such as Facebook, Twitter, Instagram, Telegrams have contributed to radicalization and recruitment, primarily of children and young people who accept the principles of terrorists and join their ranks. Modern ways of communication have enabled terrorists to successfully increase membership and their ranks without direct, physical contact. More

    Terrorism Has No Echo without the Media

    Terrorism Has No Echo without the Media

    Terrorism can be seen as an act of communication. In order to transform an attack into a message, the media’s dissemination capabilities are needed, being a vital pawn in the game the terrorists are playing. Sending the perfect message in the way the terrorist desire is much more important that the act itself. The challenge in the relationship stated is the conflict of interests between the media having to broadcast unbiased information about the event, the social responsibility they carry and the prospect of giving sensational news that may alter the reality in order to have a wider audience.  More

    What Is Blockchain?

    What Is Blockchain? An introduction for laymen

    During the age of the crusades, several knightly orders were formed out of international groups of feudal knights to protect pilgrims to the Holy Land. In the interludes between the various wars, the number of pilgrims would grow, seeking salvation and other personal benefits, such as the prestige of having performed the pilgrimage. The Templars were one of the groups approached by these medieval tourists and were asked for protection on the long road against robbers. The trend continued and there was a growing need for protection. Since the Templar Order had a limited number of members, they became overwhelmed and they came up with a solution. More

    Building the Future, One Blockchain at a Time

    Building the Future, One Blockchain at a Time

    The European Center for Excellence in Blockchain (ECEB) was founded in Bucharest in 2017 by the National Institute for Research and Development in Informatics (ICI), the Idea Factory Think Tank and Old Dominion University (Norfolk, Virginia, USA) as a as a promoter of the Blockchain issue and its link with the protection of Critical Infrastructures for state institutions and for the private sector (i.e. finance, energy, etc.), both nationally and internationally. It seeks to foster an understanding of blockchain issues on the part of decision makers and to encourage the development of key applications for use in governance, such as that of critical infrastructures. It will cooperate with both public authorities and private actors to facilitate a sustainable exploitation of blockchain potential. More

    Development Exposed

    Development Exposed Ian Goldin, The Pursuit of Development. Economic Growth, Social Change, and Ideas

    Ian Goldin’s book entitled The Pursuit of Development. Economic Growth, Social Change, and Ideas was originally published in English in 2016 by Oxford University Press and was translated in Romanian (În căutarea dezvoltării: creșterea economică, schimbările sociale și ideile) in 2017 by Comunicare.ro Publishing House (introduction: Paul Dobrescu; translation from English: Viorela Dima-coordinator, Raluca-Elena Hurduzeu and Elena Tălmăcian).  More

    Hyperborean Folklore – The Art of Symbols & Numbers

    Hyperborean Folklore – The Art of Symbols & Numbers

    The Art Gallery “Cecilia Cuțescu-Storck” at the Bucharest University of Economic Studies hosted the artistic photography exposition named “Hyperborean Folklore – The Art of Symbols & Numbers” which has the main theme of the reinterpretation of the ancestral and cultural symbolism found in the manufacturing of the national authentic Romanian dress, in a contemporary manner of fashion that brings to the present the artistic dowry that artists inherited from their Romanian origin. More

    A Community in Search of Unity, a Union in Search of Communion

    A Community in Search of Unity, a Union in Search of Communion

    The Faculty of International Business and Economics, from the Bucharest University of Economic Studies, hosted on 16th-17th November 2017 the 8th edition of The Future of Europe International Conference, with the participation of distinguished speakers and generous auditorium from Academia, public administration, and business environment. More

    For a Privatization of Environmental Public Policies

    For a Privatization of Environmental Public Policies (Towards an intellectual climate change on sustainable development)

    Climate change and sustainable development are, somehow, like “love and marriage”, and they go together like “a horse and carriage”; and if you ask “the local [as well as global] gentry”, they will say that this is “elementary”. But despite a basic consensus, that something is happening to our earthly environment and something must rapidly be done, the problem is much more delicate scientifically and politically. More

    Orient and Occident – Perceptual and Complementary Macro-Regions

    Orient and Occident – Perceptual and Complementary Macro-Regions

    The Occident (The West) is a term that is borrowed from Latin (occidens) and translates as "sunset". From an etymological and semantic point of view, it refers to features of a geographic nature. The sunset, seen from the perspective of a fix point, means the west. Anyone at any point in the world can see that the sun always rises from the east and sets in the west. It follows that the West is located somewhere, where the sun sets. Examples of names that include terms such as occident and occidental (the West and western) are numerous, both in the western and eastern hemispheres: the Western Sahara or Occidental Sahara (the West African geographical region administered by Morocco), the Western Carpathians (Carpaţii Occidentali in Romanian; a Western Carpathian subdivision), Occidental Grand Erg (the area covered with sand dunes in the West of the Sahara desert), the Sierra Madre Occidental (mountains in western part of Mexico) or Negros Occidental (an administrative sub-region located in the western part of the Negros Island of the Philippines). More

    Defence and Security: The UK and Romania after Brexit

    Defence and Security: The UK and Romania after Brexit

    We live in a better world than our parents or grandparents did. Romania’s GDP is a remarkable five times higher that it was at the turn of this millennium. More countries, like Romania, are more open, democratic and stable than they were a couple of generations ago. We are more tolerant, with more rights for religious, ethnic and sexual minorities. We have access to technologies that were unimaginable just a few decades ago. And even if we look outside the developed world, there is good news. In 1990, 1.9 billion human beings lived in extreme poverty. That number had, despite population growth, been cut in half by 2010. In 25 years, global mortality rate for children under 5 years of age declined by more than half. Many fewer people are contracting HIV/AIDS and more are living with it. More

    À la recherche de l’identité perdue

    À la recherche de l’identité perdue

    In most contexts, the name Catalonia is typically associated with the world of culture, arts, architecture and sports. It evokes the splendour of the Sagrada Familia, the distinctive styles of Antoni Gaudi and Salvador Dali, the venerable Montserrat Caballé and, of course, the famous Barcelona FC. Yet, in the aftermath of the declaration of independence passed by the Autonomous Community’s Parliament on October 27, 2017, the name is now also associated with the increasingly prominent trend towards fragmentation that has defined socio-political dynamics in the Western world in recent years, in particular Europe. More

    The 2017 Austrian Elections

    The 2017 Austrian Elections A hint on the gap between contemporary Austrian politics and Austrian economics heritage

    Since October 2006, Austria has been governed by a “big coalition” between the two major parties, the Conservative People’s Party ÖVP and the Social Democratic Party SPÖ. Years which, in the eyes of most, have been dominated by intergovernmental conflict and bipartisan obstruction. More

    The Ebb of German-Turkish Relations

    The Ebb of German-Turkish Relations

    The political crisis in the relations between Germany and Turkey deepens as the tensions grow and bellicose statements and mutual accusations envelop more dimensions of the bilateral agenda. Millions of Turks are living and working in Germany, Germans, in their turn, traditionally make up to around fifteen percent of the country’s tourism arrivals. The bilateral trade volume is around 37 billion U.S. dollars p.a.. Relations between Germany and Turkey have always been subject to serious and long-term synergies. Both sides have much to lose, but this, however, is not a dampener on hostile rhetoric. More

    The Saudi Shake-up

    The Saudi Shake-up

    News of the ongoing purge of numerous high-level officials and Saudi Royal Family members by the Saudi government has rattled global markets and raised further doubts regarding the stability of the Kingdom. What some are calling a counter-coup is presented as an anti-corruption move that saw over 1,200 bank accounts frozen and numerous assets being seized. Two Saudi princes have also died, one in an as yet unexplained helicopter crash near the Yemeni border and the other, the youngest son of King Fahd who ruled Saudi Arabia until 2005, died in a shoot-out between his security detail and government forces. 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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