Browsing All posts tagged under »Wealth of Nations«

The Fallacies of Islamic Economics

February 7, 2012


There are many definitions of everything that Economics embodies, but the most commonly accepted one came from the prominent economist and LSE tutor Lionel Robbins who categorised it as ‘a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses’.  That is, in fact, the best and simplest […]