Purpose – The object of this paper is to demonstrate that the promotion of altruistic behavior can in fact be regarded as an instrument of public policy. Design/methodology/approach – This objective is achieved by adapting the standard theory of consumer behavior in microeconomics to the...

Poverty in third world (TW) countries is a serious problem, and microcredit has become the most popular approach to address this undesirable phenomenon. This model, perceived more than a quarter century ago in Bangladesh, is now being pursued around the globe. In spite of this enormous...

Purpose – The paper aims to offer a new perspective on the strictly microeconomic nature of all of Islamic economics. Writers in this field continue to work in the mainstream tradition without noticing the micro-interface of the theoretical nature of Islamic economics. This paper aims to...

Throughout his illustrious career Professor Clem Tisdell has displayed a holistic sense of scholarship rare amongst contemporary economists. Tisdell has been prepared to look both within and beyond his discipline and maintain a critical but balanced assessment of the shortcomings of mainstream...

Documents a case study of an urban group lending programme run by the bank BancoSol in La Paz, Bolivia. The lending programme has proved capable of sustaining a set of widely accessible lending relations with a large number of self‐employed microentrepreneurs in Bolivia. In documenting this...

Poverty in third world (TW) countries is a serious problem, and microcredit has become the most popular approach to address this undesirable phenomenon. This model, perceived more than a quarter century ago in Bangladesh, is now being pursued around the globe. In spite of this enormous...

Purpose – The object of this paper is to demonstrate that the promotion of altruistic behavior can in fact be regarded as an instrument of public policy. Design/methodology/approach – This objective is achieved by adapting the standard theory of consumer behavior in microeconomics to the...

Purpose – The paper aims to offer a new perspective on the strictly microeconomic nature of all of Islamic economics. Writers in this field continue to work in the mainstream tradition without noticing the micro‐interface of the theoretical nature of Islamic economics. This paper aims to...

While Christian social principles harmonize with certain premisses of microeconomic theory, private property and freedom of behaviour for instance, deep‐rooted differences call for recasting certain foundations and pieces of analysis. Broad dissent concerns positive versus normative approach,...