Articles on Issue Theme

Lucian C. IONESCU
Universitatea Financiar-Bancară din Bucureşti
Starting from the specific nature of the present world monetary & financial crisis, this paper endeavours to identify and to analysis its implications on the evolution of economic science. Historically, the economic science has manifested itself paying a double price: on the one hand, by a certain isolation from the whole social organism and, on the other hand, by a gradual subordination to politics.
The paper considers two extreme tendencies equally negative: an absolute emphasis put either on the normative dimension of political economy or on the positive dimension of economics. The author is pleading for a renewal of the concept of social economy, taking into account the traits of the mankind’s evolution in the XXI-st century.
The paper considers two extreme tendencies equally negative: an absolute emphasis put either on the normative dimension of political economy or on the positive dimension of economics. The author is pleading for a renewal of the concept of social economy, taking into account the traits of the mankind’s evolution in the XXI-st century.
ŒCONOMICA no. 2/2009
Keywords: economy, positive economics, normative political economy, market failure, social economy, economic personalism
JEL: B00, A1, B1, B2, B3, B4
Economia şi criza mondială – între pozitiv şi normativ
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