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- Title
UVOD U STUDIJ POVIJESTI HRVATSKE EKONOMSKE MISLI.
- Authors
Medić, Ɖuro Š.
- Abstract
Prompted by the completion of the second volume of Stipetić's book POVIJEST HRVATSKE EKONOMSKE MISLI (1848.-1968.) [History of Croatian Economic Thought (1848-1968)], which was published by the Faculty of Economics in Zagreb in September 2013, the author of this work assesses the significance of Stipetić's research and his contributions to the formation of the history of Croatian economic thought as a separate and new scholarly discipline. Together with Stipetić's first volume, POVIJEST HRVATSKE EKONOMSKE MISLI (1298.- 1847.) [History of Croatian Economic Thought (1298-1847)] published in Zagreb in 2001, this book forms a complete and capital work that describes the historical circumstances, ascents, breaks, growth and declines in economic thought in the territory of today's Republic of Croatia, beginning with the end of the thirteenth and running to the mid-twentieth century. Thanks to Stipetić's work, the Croats have joined the Serbs, Russians and other nations which, in addition to general history, also created and studied a separate branch, i.e., the national history of economic thought. In this study, the author first distinguishes between economic thought (as a wider concept) and economic scholarship (as a narrower concept) and the processes of canonization and decanonization of economic doctrines. After this, he describes in detail the constitutive methodological and pragmatic questions whereby a new scholarly discipline is constituted (in this case economic history). In this context, he describes the motives and objectives of the study of certain (in this case Croatia) national histories of economic thought, and the process of creating a historical consciousness and the formation of lessons from the economic past and economic thought.The author additionally describes Stipetić's research into the economic systems and economic policies implemented in the Republic of Croatia from 1980 to 2005. He stresses that Stipetić joins in the criticism of neoliberalism and its policies of privatization and free markets (laissez-faire policies) which were implemented in Croatia at a time of transition and yielded negative results, i.e., a major economic crisis. In his conclusion, the author points out that the current crisis situation in the economic systems and economic policies of Croatia and similar small, so-called transition countries cannot be understood without an examination of the history of economic thought, macroeconomics and modern schools of political economic thought and their influence on political parties, governments, educational systems and public opinion. He stresses that the study of the general and national history of economic thought may serve as a useful guide and compass on the marketplace of ideas, scholarly knowledge and policies. The previous negative historical experiences of transition in Croatia and similar small Balkan countries show that the neoliberal school and its free market policies should be discarded by governments and replaced with Keynesianism or some other policy that would encourage employment and economic growth over the short term.
- Subjects
CROATIA; POVIJEST Hrvatske Ekonomske Misli 1848-1968 (Book); STIPETIC, Vladimir; NEOLIBERALISM; FINANCIAL crises; ECONOMIC history
- Publication
Transition: Journal of Economic & Politics of Transition / Tranzicija: Časopis za Ekonomiju i Politiku Tranzicije, 2013, Vol 15, Issue 32, p1
- ISSN
1512-5785
- Publication type
Article