The thirty-eighth issue of the collection includes two sections: "Theoretical Problems of Economics and Institutional Transformations", "Applied Problems and Practice of Institutional Reforms in Russia". They contain materials relevant to the economy of modern Russia
The tradition of circuit-flow (der Kreislauf) models from Quesnay up to Sraffa belongs to so called thematic traditions, by terminology of G. Holton. It requires perpetual historical and analytical reconstruction for continuous development. In this article new circular-flow scheme is proposed and analyzed.
On the basis of generalization of history of the economic thought within XVIII - XX centuries (from Quesnay up to W. Leontieff and Sraffa) a heuristic way of circular flow theory development is proposed and established
The purpose of this article - to formulate approaches to the study of the market transformation.The Market is seen as governance mechanism under the uncertaintycondition. Transforming the market, the firm is able to discover and commercialize the advantage of resources, located outside its borders.
New version of the theory of reproduction, based on the switched mode of reproduction unexplored till now is offered.
The compatibility of legacy of prominent Soviet economist J.A. Kronrod (1912-1984) and the Russian tradition of the economic analysis (from M.I.Туган-Baranovsky up to E.E.Slutsky and N.D.Kondratieff) is investigated. Constructive paths of circular flow schemes, derived by heuristic way from the analysis of two forms of economic relations - direct (non-equivalent) and indirect (equivalent) are analyzed.