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Islamic Economics
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Statistical Foundations for Econometric Techniques
Statistical Foundations for Econometric Techniques features previously unavailable material in a textbook format for econometrics students, researchers, and practitioners. Taking strong positions for and against standard econometric techniques, the book endorses a single best technique whenever possible. In many cases, the recommended optimal technique differs substantially from current practice. Detailed discussions present many new estimation strategies superior to conventional OLS and ways to use them. Key Features * Evaluates econometric techniques and the procedures commonly used to analyze those techniques * Challenges established concepts * Introduces many techniques that are not available in other texts * Recommends against using the Durbin-Watson and Lagrange Multiplier tests in favor of tests with superior power * Provides many new types of estimation strategies superior to conventional OLS * Forms a judicious mixture of various methodological approaches * Illustrates Empirical Bayes estimators and Robust Regression techniques possessing a 50% breakdown value
Teaching Macroeconomics with Microsoft Excel®
Humberto Barreto shows professors how to teach macroeconomic models and incorporate data using Microsoft Excel® with free files and videos.
Managers as Little Prince
This is the First Book from Pakistan which looks at Business & Management through lens of poetry & fiction. Author (Khurram Ellahi) has used poetry as a tool to look at current issues of Business & Management sciences. Book starts with the thesis that how poetry & fiction has already influenced physics, psychology and other fields of knowledge. In this book Author has used the novel Little Prince written by Saint Exupery to attend the long lasting dilemmas of Business & Management. New thinking approach has been introduced to attend the old problems of management. Book also looks at conventional approach of attending those dilemmas and how thinking like Little Prince can help Managers. This is first of its kind endeavor from Pakistan. Author Khurram Ellahi is a lecturer at a public university. He is pursuing his PhD in leadership. Book has been published with Auraq Publications self-publishing platform.
Building Genuine Islamic Financial Institutions
Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial institutions are designed to support the process of accumulation of wealth, which is at the heart of capitalist societies. Central to Islam is the spirit of service, and spending on others, which is expressed by diverse, service-oriented institutions, radically different from those dominant in capitalist societies.
Islam in Pakistan
The first book to explore the modern history of Islam in South Asia The first modern state to be founded in the name of Islam, Pakistan was the largest Muslim country in the world at the time of its establishment in 1947. Today it is the second-most populous, after Indonesia. Islam in Pakistan is the first comprehensive book to explore Islam's evolution in this region over the past century and a half, from the British colonial era to the present day. Muhammad Qasim Zaman presents a rich historical account of this major Muslim nation, insights into the rise and gradual decline of Islamic modernist thought in the South Asian region, and an understanding of how Islam has fared in the contempora...
Explaining Social Behavior
A substantially revised edition of Jon Elster's critically acclaimed book exploring the nature of social behavior and the social sciences.
Is Science Western in Origin?
On stock Western history, science originated among the Greeks, and then developed in post-renaissance Europe. This story was fabricated in three phases. First, during the Crusades, scientific knowledge from across the world, in captured Arabic books, was given a theologically-correct origin by claiming it was all transmitted from the Greeks. The key cases of Euclid (geometry) and Claudius Ptolemy (astronomy)— both concocted figures — are used to illustrate this process. Second, during the Inquisition, world scientific knowledge was again assigned a theologically-correct origin by claiming it was not transmitted from others, but was “independently rediscovered” by Europeans. The cases of Copernicus and Newton (calculus) illustrate this process of “revolution by rediscovery”. Third, the appropriated knowledge was reinterpreted and aligned to post-Crusade theology. Colonial and racist historians exploited this, arguing that the (theologically) “correct” version of scientific knowledge (geometry, calculus, etc.) existed only in Europe. These processes of appropriation continue to this day.
A Modern History of Fiscal Prudence and Profligacy
We draw on a newly collected historical dataset of fiscal variables for a large panel of countries—to our knowledge, the most comprehensive database currently available—to gauge the degree of fiscal prudence or profligacy for each country over the past several decades. Specifically, our dataset consists of fiscal revenues, primary expenditures, the interest bill (and thus both the primary and the overall fiscal deficit), the government debt, and gross domestic product, for 55 countries for up to two hundred years. For the first time, a large cross country historical data set covers both fiscal stocks and flows. Using Bohn’s (1998) approach and other tests for fiscal sustainability, we document how the degree of prudence or profligacy varies significantly over time within individual countries. We find that such variation is driven in part by unexpected changes in potential economic growth and sovereign borrowing costs.
