Not seeing a Scroll to Top Button? Go to our FAQ page for more info. Cosmin Marinescu

Romania’s Economy in Graphs: Performance, Risks, Challenges | 11 martie 2018 | Romania reached a record economic growth in 2017, yet one that was mainly based on consumption. The contribution of investment became positive, but investment levels

“The Epic” of Oltchim: Finding the Alternative?

Share

After more than two decades of transition, formal reform cycles (of a capitalist nature?), transplantation of policies unanimously declared à la Washington Consensus, European and Atlantic accessions, here we are, back to our origins, meaning back to the socialist industry that fed, apparently not a long time ago, economic nationalisms and patriotic egos. “The epic” of Oltchim,

Institutions and Prosperity (I)

Share

manvs-institutionAgainst mainstream considerations, the history of modern economic development does not identify itself with the history of technological progress, but with the history of “rights”, conceived as a (economical and juridical) “technology” that structures human interaction within society. This evolution is inseparable from the genesis of capitalism and of the modern system of

The Scenery of Optimal Taxation: Progressive vs. Flat Tax

Share

In this study I invite you to a journey on the land of tax analysis, one that is surrounded by passion and controversies. The purpose of this “journey” is to understand the possibility that the economic science can “prescribe” the optimal taxation, both when it comes to the tax regime (progressive vs. flat tax), as well as regarding the level of taxation. I will argue the need to destroy some myths

Economic Calculation Reloaded: “the Economy” of the Public Sector

Share

fotolia_36692129_xs_0The argument of the economic calculation does not magically vanish once we leave the institutional realm of socialism, I’d say on the contrary. In every economy considered nowadays, with frequent excesses of vocabulary generosity, a “free market” economy, there exist many instances in which the resource allocation faces totally different exigencies from those specific to

Syndicalism – (Our) Secret Recipe in Social Europe

Share

A couple of years ago, the front page of news bulletins presented great union demonstrations and manifestations that almost paralyzed iconic cities. We have witnessed, concerned and bewildered, the terrifying show Europe offered to the entire world. The “Bolkestein Directive”, against which tens of thousands of people manifested for months, seemed to become the title of a

Cosmin Marinescu