The economies of the Middle East and North Africa (MENA) region have always been characterized by economic volatility and social disparities. The recent 'Arab Spring' wave of protests has increased political uncertainty and instability in the region, and this timely book provides an in-depth...

The introduction of Islamic banking and finance across the globe strengthens the argument for low and stable inflation and rule-based monetary policy for sustained economic growth. Although Islamic banking and finance may have created some complexities in financial transactions it remains...

This major reference work--the first of its kind--provides a comprehensive and authoritative introduction to the large and growing literature on contingent valuation. It includes entries on over 7,500 contingent valuation papers and studies from over 130 countries covering both the published and...

This unique book highlights the contributions made by Muslim scholars to economic thought throughout history, a topic that has received relatively little attention in mainstream economics. Abdul Azim Islahi discusses various ways in which Muslim ideas reached the European West, influencing...

1. Introduction : markets, competition, and higher education -- 2. Sophism, academia, and Greek economics -- 3. Adam Smith and sophism : reaction to the endowment model -- 4. Virtue and early academia in the US -- 5. Academia and the rise of capitalism in the US -- 6. Corporate capitalism and...

1. Preliminary thoughts -- 2. Why study the history of economic thought -- 3. Debating the role of the history of economic thought -- 4. Teaching the history of economic thought -- 5. Defending the history of economic thought.

The Economics and Ideology of Free Trade makes an important contribution to the debate on globalization by providing much needed intellectual and historical perspective on the issue of Free Trade versus Protection

Evolutionary Economic Thought explores the theoretical roots of the evolutionary approach, and in so doing, demonstrates how it fits squarely into the theoretical mainstream. Focusing on the institutions of evolutionary change and the processes - such as competition - that generate change, this...

Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...