Archive for 'Economy'
The song remains the same – The evils of money printing
Jamal Harwood The 18th of September will go down in history as a turning point in US financial history. It was supposed to be the day that the Federal Reserve started to reign back on its [...]
Why Isn’t There a Demonstrably Correct Economic Theory?
An excellent question. Maybe there is a answer – Jamal Harwood From Charles Hugh Smith oftwominds.com “Correspondent C.G.D. recently asked what I consider a very profound question: why isn’t there a demonstrably correct economic theory? [...]
A Criticism of Derivatives
Idries de Vries There can be no debate that derivatives are amongst root causes for the Global Financial Crisis of 2007 – 2008, arguably the worst economic crisis since the Great Depression that has kept most [...]
The Rational Market Myth: Armageddon Without Nukes
Paul Craig Roberts One of the myths of economics is that markets are rational. Theories are based on this assumption, and the belief that markets are rational fuels the argument against regulation. The market response to [...]
Finance in a non-Banking World
Sarfraz Wali Introduction The world financial system came into global focus in the aftermath of the 2008 financial crisis that saw companies such as Lehman Brothers, Bear Stearns and AIG effectively collapse under the liabilities that [...]
The Economic Growth Imperative within Capitalism and the Islamic Viewpoint (Part 3)
This paper earned the Award for Best Paper at Sharia Economics Conference 2013 , authored by Jamal Harwood and Sarfraz Wali. You can find Sarfraz Wali’s blog at http://www.breakthrougheconomics.blogspot.co.uk This is Part 3 of the paper Part 1 [...]