Abstract

It is to a Greek philosopher named Heraclitus, who lived between the 6th and 5th centuries B.C. in Ephesus, an Ionian city in the Anatolian peninsula (part of present-day Türkiye), that is attributed to the maxim “panta rei”, literally “everything flows, everything is in constant motion”. Heraclitus reflects that man can never experience the same thing twice, since every entity, in its apparent reality, is subject to the inexorable law of change. In this third issue of the journal Risk Governance & Control: Financial Markets & Institutions, the common thread running through the published research is the aphorism “panta rei” as all research is inspired by changes and innovations that contribute to the advancement of science.

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