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Towards a New Paradigm for EconomicsAsad ZamanInternational Institute of Islamic Economics June 28, 2005 Journal of Islamic Economics, Vol. 18, No. 2, pp. 49-59, 2005 Abstract: Current economic theory is mainly concerned with the factors which affect the wealth of nations. Issues of income distribution and elimination of poverty and deprivation are secondary. We suggest an alternative formulation which would make hunger and homelessness, and poverty in general, the central concern of economics and economists.
Number of Pages in PDF File: 7 Keywords: poverty, lexicographic utility income distribution JEL Classification: A13 Accepted Paper SeriesDate posted: December 22, 2008Suggested CitationContact Information
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