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This piece presents a summary of the book reviewed before embarking upon a critical evaluation of its contents especially the author's claim that there is no scarcity of resources so far as Islamic economics is concerned.
Persistent link: https://www.econbiz.de/10005621513
This paper clarifies some misinterpretations of three foundational concepts in mainstream economics from Islamic viewpoint. These are scarcity of resources, pursuit of self-interest and maximizing behavior of economic agents. It argues that stocks of resources that God has provided are...
Persistent link: https://www.econbiz.de/10008866162
This paper clarifies some misinterpretations of three foundational concepts in mainstream economics from Islamic viewpoint. These are scarcity of resources, pursuit of self-interest and maximizing behavior of economic agents. It argues that stocks of resources that God has provided are...
Persistent link: https://www.econbiz.de/10009147568