cosars
cona
EFN ASIA
 
EFN ASIA
EFN ASIA
 
EFN ASIA

efn Asia
Ramadan Economy: A critical review of Ali Salman’s Book PDF Print E-mail
Wednesday, 22 August 2012 18:19

In this article, liberal activist and Director of Individualland, Gulmina Bilal Ahmad takes a critical view of Ali Salman’s recent study on Islam and Free Markets. “A free market economy has its own failsafe to handle unethical and corrupt practices, but the rule of law fundamentally holds the key to preventing such activities from taking hold.”

The subject is being frequently debated nowadays. Due to the rising inflation, especially of food commodities, whether the state should exert more control over prices. With the prices of essential commodities rising further during the holy month of Ramadan, the debate also brings in a religious perspective. Recently, I had the pleasure of attending a book launch of a study titled State Intervention in commodity markets: Discord between economic freedom and social justice in Islam by Ali Salman. The debate in the study revolves around whether or not Islam permits state intervention in the economy, especially in the case of price control. The writer has explained the concept of an Islamic economy and through his research has presented the view that Islam promotes economic liberty. He has reached the conclusion that price control and state intervention in the economy is not allowed under the Shariah.

Read more...
 
The Causes, Behaviors, and Termination of Administrative Monopoly in China PDF Print E-mail
Wednesday, 22 August 2012 18:11

 

The Causes, Behaviors, and Termination

of Administrative Monopoly in China

by Unirule Institute of Economics

Read more...
 
Shanghai Austrian Economic Summit PDF Print E-mail
Friday, 10 August 2012 20:10

EFN Asia and SAES

Shanghai Austrian Economic Summit

“A private intellectual dialogue, aiming to help China to grow”