Dialogue on reform in mainstream economics and its implications for the Islamic economics discipline

Other Title(s)

حوار حول الإصلاح في الاقتصاد السائد و انعكاسه على الاقتصاد الإسلامي

Author

Reardon, Jack

Source

Journal of King Abdulaziz University : Islamic Economics

Issue

Vol. 32, Issue 2 (31 Jul. 2019), pp.61-75, 15 p.

Publisher

King Abdulaziz University Scientific Publishing Center

Publication Date

2019-07-31

Country of Publication

Saudi Arabia

No. of Pages

15

Main Topic

Economy
Religion
Islamic Studies

Topics

Abstract EN

While the most recent financial crisis highlighted a myriad of problems within mainstream economics, the call for reform has been widespread, long-standing, and deep-seated.

This paper reaffirms this call from an historical perspective, with accelerating climate change adding a sense of urgency.

Unfortunately, mainstream economics is not capable of self-reformation; instead, it has erected formidable barriers.

Not surprisingly, as this paper highlights, little substantive reform has occurred within mainstream economics, while the outside urge to reform continues unabated.

This paper calls for pluralism as a compelling and necessary (but not sufficient) intellectual foundation for reform, and concludes by logically pointing to the wisdom of Islamic economics.

American Psychological Association (APA)

Reardon, Jack. 2019. Dialogue on reform in mainstream economics and its implications for the Islamic economics discipline. Journal of King Abdulaziz University : Islamic Economics،Vol. 32, no. 2, pp.61-75.
https://search.emarefa.net/detail/BIM-888361

Modern Language Association (MLA)

Reardon, Jack. Dialogue on reform in mainstream economics and its implications for the Islamic economics discipline. Journal of King Abdulaziz University : Islamic Economics Vol. 32, no. 2 (Jul. 2019), pp.61-75.
https://search.emarefa.net/detail/BIM-888361

American Medical Association (AMA)

Reardon, Jack. Dialogue on reform in mainstream economics and its implications for the Islamic economics discipline. Journal of King Abdulaziz University : Islamic Economics. 2019. Vol. 32, no. 2, pp.61-75.
https://search.emarefa.net/detail/BIM-888361

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 62-64

Record ID

BIM-888361