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Towards a new paradigm for economics

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Author Info
Zaman, Asad

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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.

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File URL: http://mpra.ub.uni-muenchen.de/9816/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9816.

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Date of creation: 2005
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Publication status: Published in Journal of King Abdul Aziz University: Islamic Economics 2.18(2005): pp. 49-59
Handle: RePEc:pra:mprapa:9816

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Related research
Keywords: Alternative paradigm; heterodox economics; poverty; lexicographic utility; needs and wants; basic needs approach;

Find related papers by JEL classification:
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General

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This page was last updated on 2009-12-14.

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