It is frequently argued and claimed that Islamic Banking and Finance (IBF) is an “asset based” industry i.e., all forms of financing within the industry should involve some asset(s). It is further argued that the real or fundamental form of financing in Islamic doctrine is based on PLS...

The Islamic legal maxim "it is undeniable that rules of law vary with change in time" is moderately scientific in construct admitting the evolution process of human knowledge, concepts and practices. Although this broad-spectrum aphorism already existing among provisions of Islamic...

A major factor behind this crisis is financialization of the system, with a growing disconnect between the monetary and the real sector. Some proponents of the Islamic finance claim such financial crisis would have been avoided, if asset-backed Islamic finance were adopted. However, while...

This paper provides findings from a survey of participants in professional academic organizations supportive of free enterprise, entrepreneurship and classical liberal ideals. We present data on the subset of respondents who do not currently hold, but aspire to hold, a chair or professorship in...

Spanish Abstract: Este trabajo aborda, desde el enfoque de Sistemas Sociales de Innovación y de Producción –SSIP-, el crecimiento económico colombiano entre 1950-2010, periodo que se subdivide en los periodos 1950-1990 y 1990-2010. La investigación muestra que el crecimiento de largo plazo...

This paper explores the origin and development of the "consumer choice" paradigm as the core concept of German ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often identified with the learning of the original "Freiburg...

The paper is mainly aimed at endorsing the principle, often recurring in literature, according to which the Third Sector is an institution that supports and contributes to the development process of economic systems. The theoretical basis of the study is represented by the idea that development...

Binary economics simultaneously offers a paradigm for understanding economic efficiency, growth, and justice that is foundationally distinct from classical, neoclassical, Keynesian, and socialist economics. First proposed by Louis Kelso, binary economics also offers a prescription for...

Conspiracy theorists and laymen wonder whether the emergency measures introduced in response to COVID-19 will be upheld even after the pandemic is over. Using plot elements of Deus Ex the video game, one can show that measures such as movement control are not sustainable in the long run

Different forms of innovation management are associated with specific institutional contexts. Christensen et al (2001) argued that because firms in the United States have the capability to nurture disruptive technologies, they have been highly successful. Whitley (2002) argued that because of...