Purpose – The overlapping measures of “state vulnerability” prompt a double interrogation: about their methodological validity, and analytical relevance. Against this epistemic framework, the purpose of this paper is to ask whether the relentless quest for precision may prevent obtaining...

Purpose – This paper aims to tackle in turn the merits and limits of Nicholas Georgescu-Roegen's entropic model, as well as its implications for the methodological discourse in economics. This appraisal of the Georgescu-Roegen's work emphasizes the emergence of the entropic nature of the...

Two decades elapsed since economics had to replace Marxist political economy and be taught from scratch. This paper gives an account of the consequences and implications of this process in career advancement, research output, and teaching experiences for the economics community in Romania. Our...

Purpose – This paper aims to advance the argument that the process of wealth creation predominantly originates from the economic system of democracy. It seeks to put forth the concept of economic democracy and understand as the process enabling the opportunities for welfare gains to multiply...