A Contested Politician, a Great Venerated Economist - Mihail Manoilescu

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 the great Romanian scientist M. Manoilescu to the economic theory of international 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 “Agrarian 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