A Contested Politician, a Great Venerated Economist - Mihail Manoilescu

Author:Florin-Dan Puscaciu, Viorica Puscaciu
Pages:170-180
SUMMARY

There are many attempts of arguing the mutual profitable character of the international exchanges from the part of authors for the classical theories of the international trade. Despite these trials, this intercession was not achieved and also aroused criticisms. The aim of this paper is that of analysing the original contribution of the great Romanian scientist M. Manoilescu to the economic... (see full summary)

 
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European Integration - Realities and Perspectives. Proceedings 2018
170
A Contested Politician, a Great Venerated Economist - Mihail Manoilescu
Florin Dan Pușcaciu1, Viorica Pușcaciu2
Abstract: There are many attempts of arguing the mutual profitable character of the international exchanges
from the part of authors for the classical theories of the international trade. Despite these trials, this
intercession was not achieved and also aroused criticisms. The aim of this paper is that of analysing the
original contribution of t he great Romanian scientist M. Manoilescu to the economic t heory of int ernational
trade. There were used both quantitative and qualitative methods, together with historical introspective in
order to capture the research evidence. The implications of this study could be upon the academics,
researchers, and also students interested in the economic theory and its applicability in practice. A reference
demarche in approaching the unfair exchange succeeded Mihail Manoilescu - the first great Romanian
economist. Together with him, our country comes into the universal Pantheon of the economical science,
even if it could be considered of the entire “AgrarТan East”. He sustained its interests, having various
contributions to the economical theory, even if the most representative is the study of the problems of
international trade. The illustrious Romanian economist intuited that behind this criticism there are
consciously or unconsciously covered deeper reasons.
Keywords: trade exchanges; comparative advantage; total productivity; national interest; production
possibilities frontier
JEL Classification: B3; B12; B41; F1; F13
MOTTO: “No nation has yet suffer because of trade“
Benjamin Franklin
1. Introduction. Discussion’s Framework
Authors of the classical theories of international trade, like Adam Smith and David Ricardo proved -
by their argumentation - the proper character of the international exchanges. Even if they apply to
numerical hypothetical examples - such as David Ricardo - his theory attired numerous supporters and
appreciations. Thus, is due to mention Paul Samuelson’s opinion whose assertion that the comparative
advantage on which is based international exchanges constitutes “tСe best idea of the economic
scТence”. Of course, it is not disputed the beneficial character of the international exchanges,
especially in the present time, when the world countries become more and more active on the
international exchange market.
1 Professor, PhD, Danubius University of Galati, Romania, Address: 3 Galati Blvd., Galati 800654, Romania, Tel.:
+40372361102, Corresponding author: fdpuscaciu@univ-danubius.ro.
2 Professor, PhD, Danubius University of Galati, Romania, Address: 3 Galati Blvd., Galati 800654, Romania, Tel.:
+40372361102, Corresponding author:ioricapuscaciu@univ-danubius.ro.

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