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The Political Philosophy And The Political Economy Of Public Regulation. An Apropos On The Ultimate Cause Of The Current Crisis

Author

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  • Octavian-Dragomir Jora

    (University of Economics, Bucharest)

  • Alexandru Butiseacă

    (Romanian-American University)

Abstract

In this paper we will briefly comment on the political philosophy (that is, considering the relationship among various types of normative judgments – as those of moral, ethic, legal nature) and on the political economy (that is a critique of interventionist policies, in a means-ends dialectics) of the regulatory setup orchestrated by public authorities. We will analyze them given their particular nature (State-made endeavors, where the State is the social apparatus of legal, but not necessarily rightful, coercion and compulsion), and emphasizing the necessary qualitative outcomes derived from their very nature; and, finally, providing a possible way of rethinking the regulation-driven or deregulation-driven crisis dilemma.

Suggested Citation

  • Octavian-Dragomir Jora & Alexandru Butiseacă, 2010. "The Political Philosophy And The Political Economy Of Public Regulation. An Apropos On The Ultimate Cause Of The Current Crisis," Romanian Economic Business Review, Romanian-American University, vol. 5(4-1), pages 23-31, Winter-Sp.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:4-1:p:23-31
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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI10-1/REBE-WI10-1-A3.pdf
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    References listed on IDEAS

    as
    1. Campan Gaël, 1996. "The Austrian Theory of the Trade Cycle and Other Essays - Richard M. Ebeling," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 7(4), pages 1-11, December.
    2. Iacob Mihaela, Moşteanu Tatiana, 2010. "Criteriul Pareto şi cazul principial al “statului creator de bunuri publice”," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 01, March.
    3. Jora Octavian-Dragomir, 2009. "Trei teorii liberale ale proprietăţii şi fundamentele analizei economice în termeni de proprietate (IV – Analiza contrafactuală a aproprierii)," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 04, December.
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    Cited by:

    1. Cristian PAUN, 2015. "The Role of European Union Funds in Economic Development," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 3(3), pages 463-481, September.

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