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The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man’s economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges presented by the modern world, the practice of Islamic economics raises many complex and profound issues. These are addressed in this highly important work, which must be considered essential reading for all those who live in the vision of the ‘right’. First published in 1994.
The second, revised and updated, edition of Economics of Development: Toward Inclusive Growth continues to focus on the argument that rather than concentrating on growth, income distribution, and poverty reduction separately, the basic objective of development policies should be to achieve inclusive growth. This book looks at the issues of development in comparative light, and investigates and analyzes successful and unsuccessful policies implemented by developing economies. A result of decades of research and years of experience in policy formulation and implementation, the textbook lucidly elaborates upon the origin and progress of development revolution, the liberalist model, and the huma...
Monograph on ethics and economics in an Islamic perspective - describes ethical philosophy, value system, basic characteristics, institutional framework and objectives of an Islamic economic system, and Islamic viewpoints on economic doctrines, includes guidelines for economic policy and social policy, and contrasts with capitalism, and the welfare state. References.
Development economics has traditionally been looked down upon by neo-classical economic theorists. In this important book, Professor Naqvi sets the record straight and maintains that development economics is actually a new paradigm, rich in predictive power and empirical content, which is both wider and deeper than mainstream economics. He holds that development economics has an innate comparative advantage because it asks relevant questions about the vital problems of human existence--inequity, social injustice, poverty and human deprivation--and offers feasible answers.
There is a revival of interest by economists in ethical issues and beliefs, and by moral philosophers and theologians in economics. This book is intended to make a contribution to this cross-fertilisation of ideas. Rodney Wilson has undertaken an extensive survey of Jewish, Christian and Muslim views on economics, and reviewed the rapidly expanding business ethics literature from a religious perspective. The juxtaposition of the work of theologians and moral philosophers with that of economists results in some interesting comparisons.
Gathers selections from Smith's economic writings, discusses his theories, and assesses their influence on modern economics.
This new edition of The Life of Adam Smith remains the only book to give a full account of Smith's life whilst also placing his work into the context of his life and times. Updated to include new scholarship which has recently come to light, this full-scale biography of Adam Smith examines the personality, career, and social and intellectual circumstances of the Scottish moral philosopher regarded as the founder of scientific economics, whose legacy of thought - most notably about the free market and the role of the state - concerns us all. Ian Simpson Ross draws on correspondence, archival documents, the reports of contemporaries, and the record of Smith's publications to fashion a lively account of Adam Smith as a man of letters, moralist, historian, and critic, as well as an economist. Supported with full scholarly apparatus for students and academics, the book also offers 20 halftone illustrations representing Smith and the world in which he lived.
In this book, Franklin Obeng-Odoom seeks to debunk the existing explanations of inequalities within Africa and between Africa and the rest of the world using insights from the emerging field of stratification economics. Using multiple sources - including archival and historical material and a wide range of survey data - he develops a distinctive approach that combines traditional institutional economics, such as social protection and reasonable value, property and the distribution of wealth with other insights into Africa's development. While looking at the Africa-wide situation, Obeng-Odoom also analyses the experiences of inequalities within specific countries; he primarily focuses on Ghana while also drawing on experiences in Botswana and Mauritius. Comprehensive and engaging, Property, Institutions, and Social Stratification in Africa is a useful resource for teaching and research on Africa and the Global South.