Vrelo Edmund Romanovich( The Economist)
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Biography Vrelo Edmund Romanovich
(1835 - 1891). He graduated from the course in the main teachers' training college, was a professor at St. Petersburg University in the department of political economy, lectured on the subject in institutions: Mining and Railway Engineers. For questions on wages, capital, the price is close belonged to the classical school of political economy, especially to Smith. He denied the importance of land rent as an independent source of income and, like Sheffle, assigns it to the number of income arising through the use of exclusive marketing conditions. In the area of economic policy Harmful is negative as "unbridled individualism" of the liberal school, and to protectionism, even in the interpretation of Liszt. He recognizes the need for state intervention, but not in the form of customs duties, allowed only for fiscal purposes. It requires state regulation of the contract between workers and employers, to protect the first, as the weaker party. Its main works: "The course of political economy" (St. Petersburg, . 1874, . 2 nd edition - 1880), "Textbook of ancient history in his essays and biographies of living people great people" (2 nd Edition, . Petersburg., . 1863); "Gosudarstvovedenie Sansovino and global communiques Botero (St. Petersburg, . 1866, . Master's thesis), "Teaching Note on statistics" (St. Petersburg, . 1867); "Insurance Artel and equity of workers' wages" (St. Petersburg, . 1870, . doctoral dissertation; Harmful this system protects workers' participation in the profits of the enterprise with the guarantee of a certain minimum wage, . and also insists on the need for compulsory insurance organizations working at half the participation in the costs of employers and workers themselves), "financial credit" (St. Petersburg, . 1871, . h,
. I); "Fundamentals of financial enterprises, or the theory of public borrowing (St. Petersburg, 1871)," Story of industrial enterprises "(St. Petersburg, 1873). L. L.