The main aim of this article is to illustrate the influence that the irrational human activities have on the macro economic development. We have in mind to explain the crucial role of this type of behaviors in shaping the cyclical sequence of boom and recession periods. This paper is also aiming...

The present study analyzes the delimitation of money creation's major theories developed by the Banking School, on the one hand, and the Currency School, on the other hand. We took into account a series of researches on how the adopted banking policy is influencing the economic performance and...

This paper realizes a comparative study among Eastern European countries regarding their ways of economic growth characterized by a higher or lower increase of inequality in their income distribution. The market liberalization from the early 1990s in the former communist countries have resulted...