FROM “PRE-ECONOMICS” TO THE DEVELOPED INFORMATIONAL ECONOMY – A SCIENTIFIC REVIEW

Bodislav Dumitru-Alexandru () and Cheptea Madalina
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Bodislav Dumitru-Alexandru: Academy of Economic Studies
Cheptea Madalina: Academy of Economic Studies

Journal of Information Systems & Operations Management, 2011, vol. 5, issue 2, 367-378

Abstract: During the 5000 years of economic evolution (considering the oldest textbooks available today) that produced an organic evolution and economic entanglement, but which led in our days at a turning point for the global economy. Why choose to present the economic spark from the beginning of the first recorded writings? Because we deal with the big picture – a framework that represents “life” and the economy that isn’t loaded with the evolution of ethics, moral and informational, the initial picture shows the purity of the early civilization, naked by the actual’ modernist add-ons. This research paper is an overview of the main ideas that molded the actual economic life by creating a bridge between the “pre-economy” period when trade was based on thievery or unvalued exchange till the development of today’s economic science, that has as defining point Adam Smith and his view on economic development through the its power engine – self interest and the human being.

Keywords: human development; business cycle; utility; enlightenment; consumption; self-interest (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rau:jisomg:v:5:y:2011:i:2:p:367-378

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