Read e-book online Islamic Economics and Finance: An Epistemological Inquiry PDF

By Masudul Alam Choudhury

ISBN-10: 0857247212

ISBN-13: 9780857247216

This booklet is the research of general-system formalism that embeds economics and finance with the diversely created world-system during which 'everything' learns via natural pairing. The interpreting of the monstrous nexus of unifying courting in connection with awake oneness is the morality, ethics and finish aim of a great society. This e-book will convey out the truth that certainly such multidimensional general-system perception, building, formalism and alertness and inference there from, are empirically doable, explainable. The publication has empirical examples to convey out those evidence when it comes to the logical formalism that arises from the phenomenological version of unsleeping oneness in courting to economics and finance.

Show description

Read or Download Islamic Economics and Finance: An Epistemological Inquiry PDF

Similar economics books

Joseph E. Stiglitz's The Great Divide: Unequal Societies and What We Can Do About PDF

How has the United States turn into the main unequal complex state on this planet, and what do we do approximately it?

In the good Divide, Joseph E. Stiglitz expands at the analysis he provided in his best-selling e-book the cost of Inequality and indicates how one can counter America’s becoming challenge. along with his signature mix of readability and fervour, Stiglitz argues that inequality is a choice―the cumulative results of unjust regulations and erroneous priorities.

Gathering his writings for well known shops together with vainness reasonable and the hot York instances, Stiglitz exposes in complete America's inequality: its dimensions, its reasons, and its effects for the kingdom and for the realm. From Reagan-era to the nice Recession and its lengthy aftermath, Stiglitz delves into the irresponsible policies―deregulation, tax cuts, and tax breaks for the 1 percent―that are leaving many american citizens farther and farther past and turning the yankee dream into an ever extra unachievable fable. With ambitious but available financial perception, he urges us to include genuine strategies: expanding taxes on organisations and the rich; delivering extra aid to the kids of the terrible; making an investment in schooling, technology, and infrastructure; assisting out householders rather than banks; and, most significantly, doing extra to revive the economic system to complete employment. Stiglitz additionally attracts classes from Scandinavia, Singapore, and Japan, and he argues opposed to the tide of pointless, harmful austerity that's sweeping throughout Europe.

Ultimately, Stiglitz believes our selection isn't among development and equity; with the fitting rules, we will decide on either. His grievance isn't loads approximately capitalism as such, yet how twenty-first-century capitalism has been perverted. His is a decision to confront America's financial inequality because the political and ethical factor that it truly is. If we reinvest in humans and pursue the opposite rules that he describes, the United States can reside as much as the shared dream of a extra wealthy, extra equivalent society.

Source: Overdrive Retail EPUB

Download e-book for kindle: Trade-Offs: An Introduction to Economic Reasoning and Social by Harold Winter

Whilst economists strive against with matters similar to unemployment, inflation, or finances deficits, they achieve this via incorporating an impersonal, indifferent mode of reasoning. yet economists additionally study concerns that, to others, quite often don't fall in the realm of financial reasoning, corresponding to organ transplants, cigarette dependancy, overeating, and product protection.

New PDF release: The Economics of Voting: Studies of self-interest,

The economics of vote casting is set no matter if and to what quantity self-interest could be relied upon in balloting. The primary proposition in economics is that the world’s paintings will get performed satisfactorily while everyone does what they suspect is better for themselves. the common sense view of the problem is this consequence by myself will be chaos.

Extra info for Islamic Economics and Finance: An Epistemological Inquiry

Example text

The latter extracts extended meaning out of the divine law of the Qur’an. The meeting ground of the Qur’an and the Sunnah that comprises the fundamental epistemology in Islam is like the meeting of ocean waters with the shores. Without this embankment the ocean waters would overflow the planet earth making life impossible. 20,21 The essentially nonconfigurative and pervasively relational character of the macrocosmic universe is the abode of the primal knowledge stock. This knowledge stock is created by Allah and remains undiminished.

4. 1. Tawhid Oneness of God or Islamic monotheism is traditionally encapsulated in the Qur’anic term, Ahad (the Divine One) leading to the term Tawhid. But being so, the traditionalists have left the understanding of Tawhid to the metaphysical ontological realm. For a long time now the functional ontology of Tawhid and its relationship with the world-system have not been understood, and not pursued. Thereby, the understanding of Tawhid has not been taken up with the comprehensive meaning of divine oneness, specifically in terms of its relationship with the world and the Hereafter.

2. Traditional understanding of Tawhid Traditionally, the ontology of Tawhid has been explained by three aspects (Taqi-ud-Din Al-Hilali, and Muhsin Khan, undated): First, Tawhid al-Rububiyyah means that Allah alone is the absolute lord of creation. In this, Allah is the creator and sustainer of the universes. Second, Tawhid alUluhiyyah means that none else in mind or form can be worshiped except Allah as the one and absolute in His purity having no form. Thirdly, the attributes of Allah are His own and cannot be exemplified by the worldly meanings of such attributes.

Download PDF sample

Islamic Economics and Finance: An Epistemological Inquiry by Masudul Alam Choudhury


by Christopher
4.4

Rated 4.44 of 5 – based on 38 votes