Volume VII/2018 ISSN 2344-102X Issue (XVII)/ February 2018 ISSN-L 2344-102X

EDITORIAL EJAFB (3)

Editor: PhD Professor Veronica GROSU ”Stefan cel Mare” University of Suceava,

ECONOMISTS WHO HAVE MARKED THE HISTORY OF THE ROMANIAN EDITORIAL

Part I

Nicholas Georgescu- not enter the economic equation, criticizes the fact Roegen was the founder of the that the mathematical exercises applied in the pure bio-economy theory, a theory economic sciences have diverted the reality of the which presents a economy. revolutionary and integrator Roegen's theory forces economic science to be way of seeing economy. His rethought by the natural factor. He concludes that “the most important book is The Entropy Law itself appears to be the most economic Entropy Law and the of all natural laws” and “the relationship between the Economic Process, which was economic process and the Entropy law "is the basis of published in 1971, referring to the economy of life at all levels2”. economical entropy. Nicholas Georgescu-Roegen states and demonstrates Apparently irreconcilable domains, the way economy that, on the one hand, solving the decisive and ecology were seen at the end of the 1960s, are environmental problems is closely linked to the brought together elegantly and mathematically and scientific, technological and informational progress physically grounded, respectively, by Georgescu- of human society, but in the same time, only the Roegen. Contrary to previous thinking of the bio- generalized progress of the human race itself, cannot economy theory, which places the industrial automatically solve the ecological problems that all and the technical progress on one part of humans and the accelerated development of mankind the "barricade", and the evolution of the living world have created since the Industrial Revolution. The and the ecology on the other side, the Romanian decisive factor is the will of the human society as a economist cos with a decisive clarification, with whole to solve the existing problems. obvious connotations of contemporary political Considering the ”far-fetched and mechanical classical economy1. The work that consecrated him was "The liberal economy, Georgescu-Roegen pointed out the Entropic Law and the Economic Process", published contradiction between the second principle of in 1971 (the Romanian version appeared in 1979). His thermodynamics and the law of entropy - that is, work has managed to open new horizons about the between the unavoidable degradation of natural modern economic process, it raises the issue of the resources used by mankind as a result of their use and natural environment and energy, which until then did unlimited material growth”3. He has proved himself

1 https://ro.wikipedia.org/wiki/Nicholas_Georgescu-Roegen, 3 Georgescu-Roegen, N. (1971). The Entropy Law and Economic [accesed at January 2, 2018]. Process, Cambridge, Mass., Harvard University Press. 2 http://enciclopediaromaniei.ro/wiki/Nicolae_Georgescu- Roegen, [accesed at January 2, 2018].

1

Volume VII/2018 ISSN 2344-102X Issue (XVII)/ February 2018 ISSN-L 2344-102X as being the advocate of ”an economic decline to take magazine Romanian Life (Viața Românească). He into account the physical law of entropy”4. was the theorist who founded the political doctrine of the peasant trend. He was elected post-mortem Ion Ghica (born August 12th, member of the . In 1940, he was 1816 5 , in , Wallachia - died on May 7th, assassinated by a legionary commander who 9 1897, in Ghergani, Romania) punished him for his anti-fascist net positions . was a remarkable personality of the second half of the Alexandru Dimitrie Xenopol nineteenth century. (born March 23rd, after other Economist, mathematician, sources 24th, 1847, in Iasi and writer, professor, diplomat died on February 27th, 1920, in and politician, Ion Ghica was Bucharest) was a historian, prime minister five times: philosopher, economist, three times the government of Romania (in 1866, 1866-1867 and 1870-1871) and twice between 1859 professor, sociologist and and 1860, in Iasi and Bucharest, during the time when Romanian writer. He is the the Romanian countries had united in one state, but author of the first major synthesis of Romanian kept two separate governments6. From 1874 he was a history. He also distinguished himself as a member of the Romanian Academic Society and its philosopher of the world's history, being considered th president, elected on September 18 1876 until 1879, one of the greatest Romanian historians, along with when the institution was renamed to Romanian his student, . He has been a professor of Academy. He was president of the Romanian Academy several times (1879 - 1882, 1884 - 1887, history at the University of Iasi and a member of the 1890 - 1893 and 1894 - 1895)7. Romanian Academy10. As a ”scientist, especially for his exceptional merits in history, since 1900, Xenopol Virgil Madgearu (full name: became an honorary member of the Society of Virgil Traian N. Madgearu, Archaeology in Brussels, then received the same title born on December 14th 1887 in from the Academic Society of Chernivtsi in 1901, Galaţi and deceased on was elected member of the International Institute of November 27th, 1940) was ”a (1903) and member of the Academy of Romanian economist, Moral and Political Science in Paris (1914) and vice- sociologist and left-wing president of the Sociology Society of Paris (1916)”11. politician, prominent member He has always been in a fertile dialogue with and principal theorist of the renowned European scholars through the historical Peasant Party and of its successor, the Peasant scientific forum, who have often awarded him prizes National Party (PNP)” 8 . He has had an important of excellence, alongside the Romanian Academy. activity as an essayist and journalist and has been for a long time in the editorial direction of the influential

4 https://ro.wikipedia.org/wiki/Nicholas_Georgescu-Roegen, 8 https://www.enotes.com/topics [accesed at January 8, 2018]. [accesed at January 8, 2018]. 9 https://ro.wikipedia.org/wiki/Virgil_Madgearu, [accesed at 5 Neagoe, S. (2013). Istoria Guvernelor României: de la January 18, 2018]. începuturi - 1859 până în zilele noastre- 2012, Machiavelli, 10 https://ro.wikipedia.org/wiki/Alexandru_D._Xenopol, Bucharest. ISBN 606-92511-0-2 [accesed at January 18, 2018]. 6 Autority BnF 11 Gheorghiu, A. (2016). 150 years of Romanian research. 7 https://ro.wikipedia.org/wiki/Ion_Ghica, [accesed at January 8, Hyperion International Journal of Econophysics & New 2018]. Economy, 9 (2), 153-164. Retrieved January 8, 2018 from enec.ro 2