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Abstract This author sheds some light on the theoretical arguments on the use of selectivity and uniformity of trade policy in trade and industrialization for targeting industries and firms and provides a brief historical review of practices of developed countries and East Asian countries with...
Persistent link: https://www.econbiz.de/10015216744
The inspiration for the present note comes primarily from a statement in the old edition of the Encyclopaedia of Islam. In its volume four on page number 595, Heffening (1934) states that to Helmut Ritter ‘the whole economic literature of Islam can be traced to economics of Neo-pythagorean...
Persistent link: https://www.econbiz.de/10015218801
In an attempt to investigate Muslim economic thinking in the 12th century Hijrah, corresponding 18th century AD, the present paper explores economic ideas of one of the greatest Muslim personalities of the period, Muhammad b. Abd al-Wahhab (1115-1206/1703-1792), who is commonly known as...
Persistent link: https://www.econbiz.de/10015218809
Kharaj (land-tax) has been a controversial subject since the formative period of Islamic jurisprudence. It is said that Muslim jurists have been very conservative while dealing with the subject of kharaj. But this is wrong perception or opinion. The Controversy have mainly been revolved around...
Persistent link: https://www.econbiz.de/10015218832
In the early modern period, changing attitude of Medieval Europe towards trade as an outcome of encounter with Muslim scholars and rulers and consequently emergence of 'mercantilism' was a turning point in the history of economic thought. The paper documents evidences which prove that initially...
Persistent link: https://www.econbiz.de/10015218918
This paper investigates the state of Muslim economic thinking in the 17th century (11th century AH), through the works in Arabic language, within the territories under the Ottoman rule. It also looks into those written in other parts of the world or in other languages, where translations were...
Persistent link: https://www.econbiz.de/10015219022
Harberger’s (and Fogel’s) Law, an industry that is 10% of national product, improving by 50 percent on the 50% of non …-natural routes, results in a mere one-time increase of product of 2.5% (= .1 x .5 x .5), when the thing to be explained is an …
Persistent link: https://www.econbiz.de/10015219242
prices that British industrialists faced, such as the price of wheat or the interest rate. But new trade does not put people …
Persistent link: https://www.econbiz.de/10015219849
The recent recession has brought a sharp decrease in income, output, and world trade, as well as an increase in unemployment in developed and underdeveloped countries. Experts such as Paul Krugman, Christina Romer, or Barry Eichengreen, compare the current situation with the Great Depression of...
Persistent link: https://www.econbiz.de/10015219881
One of the main achievements of Herbert A. Simon in organizational theory is analytically evaluating the psychology of individual and collective behavior thus opening the ground for further research D. Kahneman, and T. Schelling. This article provides an assessment of the contributions of...
Persistent link: https://www.econbiz.de/10015221075