That institutions matter is widely accepted among economists and so are social norms as an important category of informal institutions. Social norms matter in many economic situations, but in particular for markets. The economic literature has studied the interrelation between markets and social...

That institutions matter is widely accepted among economists and so are social norms as an important category of informal institutions. Social norms matter in many economic situations, but in particular for markets. The economic literature has studied the interrelation between markets and social...

1. Editorial: Consequences of Social Transformation for Economic Theory -- 2. A Survey on Business Cycles: History, Theory and Empirical Findings -- 3. Implementation of the Evolutionary-Genetic Methodology in the Mechanisms of Synthesis of Economic Theory -- 4. Synthesis of Mainstream and...

There has always been a debate on the roles of government and market for economic growth and development. Economic development encompasses more than just growth; it seeks the betterment of the standard of living and higher Human Development Index. There is no single strategy that would be...

While a comprehensive economic valuation of all use and non-use values of the forest is impossible, indigenous societies seem to have a clear, albeit inchoate idea of the value of the forest on which they depend for their material and cultural existence. Forests were valued in all ancient...

The essay deals with the issue of urban circularity understood as a subset of the Circular Economy paradigm, highlighting potential and limits of an emerging new model spreading on a global scale. The critical reasoning starts from a very recent production of institutional documents and the...

In the age of materialism, while on the one hand consumer goods are being produced with such speed and quantity that far exceed the real needs of the people and on the other hand a substantial portion of world population is striving just for two square meals a day. The philosophy of materialism...

Culture is a key ingredient of post-industrial, information-intensive economic activity. Culture-oriented economic development (COED) is emerging as a dominant paradigm, integrating the symbolic and creative elements into any aspect of the urban economy, pursuing distinction, innovativeness, and...