After World War II the continent of Europe was devastated both structurally and economically by the war. George C. Marshall is the man who can be considered the father of outsourcing and foreign aid, because of his military skills and training he was able to devise a foreign policy plan as an...

Ludwig Mises' "Economic Calculation in the Socialist Commonwealth" ("Die Wirtschaftsrechnung im sozialistischen Gemeinwesen," Archiv für Sozialwissenschaft und Sozialpolitik 47.1 [1920]: 86-121) is known mostly in the English-speaking world through a translation by S. Alder (in F.A. Hayek, ed.,...

This paper argues that scarcity is not the fundamental economic problem, but rather distribution is. It also shows that economic growth will not solve our economic problem. Islam offers a radically different perspective on human economic problems and how to solve them. These are exposited in the...

The Quran is the primary source for the teachings and tenets of Islam. There are two to three other sources of Islamic doctrines to which one may also refer. As times change, the community may change social and economic policies rooted in Islamic values in order to meet a society's shifting...

The purpose of this paper is to provide a critical appraisal of the theme of zulm (injustice/exploitation) in light of the Islamic finance literature and the general attitude and approach of the Islamic finance industry and its advocates toward it.Based on an expanding theoretical and empirical...

In this paper, we link Joseph de la Vega's work Confusion de Confusiones, written in 1688, with current behavioral finance and propose that Vega be considered the first precursor of modern behavioral finance. In addition to describing excessive trading, overreaction and underreaction, and the...

In the past half century Islamic economics was eclipsed by Islamic finance movement. Gradually Islamic economics has taken a back seat without any economy to back it up empirically. Although Islamic finance emerged as an offshoot of Islamic economics and with the blessing and advocacy from...

Italian Abstract: Scopo del presente saggio e` ripercorrere le teorie economiche elaborate dal giovane Guido Menegazzi durante gli anni Trenta, al fine di evidenziare come in questo periodo si formino i fondamenti del pensiero che andranno a costituire i capisaldi della piu` matura elaborazione...

The economic approach to the study of human behavior has been presented by its foremost representative as the most effective method of studying social phenomena. Gary Becker's view supposes that, on the one hand, all social phenomena can be explained as a consequence of individual actions and,...