Showing 1 - 10 of 4,855
Persistent link: https://www.econbiz.de/10005777032
This paper compares the fundamental postulates of major economic systems i.e. Capitalism, Socialism, Mixed economy (a … hybrid of Capitalism and Socialism) and the Islamic economic system. It identifies through a review of theoretical economics … system are the major problematic issues in Capitalism against which mixed economy has also shown limited effectiveness …
Persistent link: https://www.econbiz.de/10008497696
This paper analytically compares the theoretical foundations of major economic systems i.e. Capitalism, Socialism …, Mixed economy (a hybrid of Capitalism and Socialism) and the Islamic economic system. The research identifies that lack of … and monetary system are the major problematic issues in the current economic order. Socialism promises to create heaven on …
Persistent link: https://www.econbiz.de/10011109503
An economic topology can have many uses to the academician, student and practitioner. Refining a topology of economic systems helps bring together seemingly disparate characteristics and point out potential long run trends. The progression of economic systems over time and also brief...
Persistent link: https://www.econbiz.de/10011111125
Economies are often classified into polar divisions—socialist, capitalist, communist. That approach is not especially useful. Successful systems are by nature pragmatic, and they evolve into blended pragmatic systems that quickly move out of any pre-specified space. Accepting that all...
Persistent link: https://www.econbiz.de/10011162558
Purpose – The purpose of this paper is to critique the philosophical underpinnings of the growing field of Islamic economics. Design/methodology/approach – A critical and comparative review of Islamic economics texts written by key proponents during the last eight decades is undertaken. The...
Persistent link: https://www.econbiz.de/10010742462
Purpose – The purpose of this paper is to identify the main determinants of the probability of a household being poor, middle class, or rich. Design/methodology/approach – A new and integrated approach to the measurement of inequality in income distribution, poverty, and richness was...
Persistent link: https://www.econbiz.de/10010742477
Purpose – The purpose of this paper is to critique the philosophical underpinnings of the growing field of Islamic economics. Design/methodology/approach – A critical and comparative review of Islamic economics texts written by key proponents during the last eight decades is undertaken. The...
Persistent link: https://www.econbiz.de/10010685864
Purpose – The purpose of this paper is to identify the main determinants of the probability of a household being poor, middle class, or rich. Design/methodology/approach – A new and integrated approach to the measurement of inequality in income distribution, poverty, and richness was...
Persistent link: https://www.econbiz.de/10010686090
This essay attempts to use the pure theory of welfare economics to address the ethical issues that underlie the choice … of future population size. The essay begins with a summary of welfare economic theory as it pertains to situations where … population size is not subject to choice, and notes that a symmetry (or anonymity) axiom on social welfare functions has almost …
Persistent link: https://www.econbiz.de/10005666921