The Latvian economy is turning around – Institute of Economics
Task of the science is to serve
people.

– Tolstoy –

Science is the captain, and
practice the soldiers.

– Leonardo da Vinci –

Frontiers of science are like the
horizon: the more we approach
it, the more it moves away.

– Boiste –

The fantasy is more important
than knowing.

– Albert Einstein –

Science – it means organized
knowledge.

– Spencer –

Freedom for the science the
same as the air for a living soul.

– Poincaré –

Research area of all sciences is
endless.

– Pascal –

System of science must be
looked at as the system of
nature: all in it is endless and
necessary.

– Cuvier –

Scientific plan without working
hypothesis is a skeleton without
living body.

– Hirschfeld-

The main research subject of
mankind is the human.

– Goethe –

All is important in science.

– Heine –

Books must be results of
sciences, but sciences not results
of books.

– Bacon –

Scientist is not the one, who
gives the right answers, but the
one, who asks the right
questions.

– Claude Lévi-Strauss –

The more we will seek for the
truth outside us, the more we
will move away of it. The more
we will be able to understand
who we are, the more the truth
will assert us in ourselves.

– Antonio Meneghetti –

Before being dictated the nature
needs to be obeyed.

– Bacon –

A true scientist is not one who
has more acquired, but one who
has more understood.

– Leibniz –

Science – to know how the
being acts. To know the action
of the being.

– Antonio Meneghetti –

Science is benefactor of
mankind.

– Berthelot –

Peteris Gulans, in cooperation with the Institute of Economics of the Latvian Academy of Sciences, published a book in 2003 entitled “Latvian Economy at the Turn of the Century” ISBN 9984-9574-4-6.

The collapse of the Latvian economy and the protracted period of renewal show that the economic policy pursued during the transformation was not sufficiently adequate to the new conditions dictated by global market relations and the peculiarities of a small country with an open economy. One of the most significant factors hindering development was and still is the weak understanding of the regularities of economic processes and Latvia’s interests. The articles in the book try to alleviate this shortcoming. They were created by the author studying the most topical problems of the transformation and development of the national economy. Provides an independent (non-political group) assessment of them and argues the principles of acceptable solutions for Latvia.

Editor: Uldis Bormanis.