Download This PaperTowards a New Paradigm for Economics
Journal of Islamic Economics, Vol. 18, No. 2, pp. 49-59, 2005
7 Pages Posted: 22 Dec 2008
Date Written: June 28, 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.
Keywords: poverty, lexicographic utility income distribution
JEL Classification: A13
Suggested Citation: Suggested Citation
Zaman, Asad, Towards a New Paradigm for Economics (June 28, 2005). Journal of Islamic Economics, Vol. 18, No. 2, pp. 49-59, 2005, Available at SSRN: https://ssrn.com/abstract=1291029
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