Articles on Issue Theme
Lucian CROITORU
Banca Naţională a României
The battle between the state and the market is everlasting. Nobody definitively wins this fight. The result of the battle is periodically re-designing the world and its economic environment. In this conflict, the attitude of the public matters. It changes, from predominantly in favor of the state to predominantly in favor of the market, and the other way round. Individual attitudes are passed, by vote, to political structures and, in the end, to regulations that aim at limiting and extending the role of the state. The economic crisis triggered in 2007 made many believe that a relatively long period will follow, where the public will favor a greater role for the state. I appreciate that, on the contrary, the public attitude will act in the opposite direction and that, for a long period of time, we will witness a gradual reduction in the economic dimension and in the power of the state.
ŒCONOMICA no. 1/2011
Keywords: state, market, public choice, economic systems, crisis, public policy
JEL: H11, H20, O10
O falsă problemă: compromisul între constrângerea externă şi imperativele sociale
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