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BL
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| Record Number
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1089584
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| Doc. No
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bc10782
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| Language of Document
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English
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| Main Entry
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Gürak, Hasan.
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| Title & Author
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Islam and scientific economics : : in the pursuit of a new paradigm /\ Hasan Gürak.
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| Edition Statement
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1 [edition].
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| Publication Statement
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New York :: Peter Lang,, 2014.
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| Page. NO
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1 online resource
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| ISBN
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9783653047660
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: 3653047668
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9783631654927
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3631654928
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| Contents
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Cover; Preface; Table of Contents; Introduction; On the State of Knowledge; On the "Creative" Mental Skills of Man; On the "New Knowledge" on Economics; The Content and the Method ; Chapter-1: Revaluation of Islamic Economics-1 Developing Islamic Economic Theories; Introduction; Islamic Economic Theories in Retrospect ; Islam and Economic Knowledge ; Influence of Islamic Scholars on Economic Issues ; The difference between Islamic economics and the "Others" ; Islamic economics-reconsidered ; Islamic Economics ; The lack of a scientific dimension.
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The Verses of the Koran & the Hadith about "Alternative" Economics Concluding Remarks ; Chapter-2: Revaluation of Islamic Economics-2 Western Scientific Economic Theories: Are They A Proper Source of Inspiration for Islamic Economics?; Some Opinions on Islamic Economics ; The Concept of Islamic economics ; How Does One Proceed? ; Some Features of the Mainstream Theory ; The Nature of the Neoclassical Theories ; Do Assumptions have to be "Utopian"? ; The Historical Dimension ; A Fictitious Case: The State of Equilibrium ; Utility; Homo Economicus vs. Normal Man.
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What is the Attraction of the Neoclassical Theories? A Brief Glance at the Past ; "Normative" Neoclassical Theories ; Positive Economics vs. Normative Economics ; On scientific (!) mainstream economics ; Chapter-3: Revaluation of Islamic Economics-3 Islam, Science and the "Absolute Truth"; Introduction; The Positive Sciences -- Economics & "Absolute Truth" ; "Natural" Sciences and the "Absolute Truth" ; Social Sciences and the "Absolute truth" ; The Islamic Faith and the "Absolute Truth" ; Islamic Economics and the Notion of "Absolute Truth."
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Chapter-4: An Islamic Value & Price Theory: An alternative approach based on mental labor and technological changeIntroduction; The Hypothesis ; The analysis is "Islamic" because ; Why Price Theory? ; Towards a New Mindset ; A Brief Historical Review ; The Original Sources of Value: Nature and Laborer ; The Labor-power ; "Creative" Mental Labor and Value Generation ; Value Generation -- A Simple Model ; Different Qualities of Mental Labor ; Value-Price Relation ; Relative Prices ; Relative Prices in the Service Sector ; Commodity Sector Price Formation ; Transformation of Values into Prices.
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A Case of "Barter-Exchange" Price Formation in a Monetary Economy ; Production with Multiple Inputs ; A "Given" Product & a "given Production Method" & Profit ; How Influential is Variations in Demand? ; Technological- (Macro- ) Productivity Growth & Profit ; A "Given" product but "new" production method and price ; "New" products, price & profit ; Concluding Remarks ; Chapter-5: On the Islamic Theory of Trade; Introduction; Developing a New Theory of Trade ; On Western Trade Theories ; Adapting Secular Theories ; Developing an Islamic Trade Theory ; Some Remarks On Global Trade.
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| Abstract
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In an Islamic society, it is ethics that dominates and determines all behavior, including economic behavior. The Holy Koran emerges as the main source of all economic behavior and practices which are subject to the commands of Allah as stated in the Koran. Since Islam is a universal religion, the Islamic economic paradigm with its scientific Islamic economic theories has to be comprehensive as well as perfect in the sense of fairness, ethical values and fruitfulness. A universal Islamic economic system ought to have universally applicable economic laws acceptable by both, the Muslim and the no.
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| Subject
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Islam-- Economic aspects.
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Economics-- Religious aspects-- Islam.
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Economic development-- Religious aspects-- Islam.
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BUSINESS ECONOMICS-- Economics-- General.
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BUSINESS ECONOMICS-- Reference.
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| Subject
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Economic development-- Religious aspects-- Islam.
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| Subject
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Economics-- Religious aspects-- Islam.
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| Subject
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Islam-- Economic aspects.
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| Dewey Classification
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330.1
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| LC Classification
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BP173.75.G87 2014eb
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