Dr. Asad Zaman

  • TMeanings of Development have varied dramatically across time. Islam defines development as human development; many cultures defined it in terms of advances in learning, philosophy, arts, etc. For Great Britain, development was sea power, access to energy, etc. When it became World Leader after ...

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  • TA recent TV show clip — interview of a famous journalist on a top ranked TV channel — reminded me of how strongly we have been brainwashed into believing in the superiority of white man. The journalist had a long list of items which prove that the white man is infinitely superior to the ...

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  • TIn previous parts of this article, we have described how strict financial regulation and Keynesian prescriptions for full employment brought prosperity for the masses, but reduced corporate profits. This last part describes the successful counter-attack by corporations which reversed this state of ...

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  • TIn part 1 of this article, we saw that Keynes challenged classical economics on many fronts. Against the classical idea that free markets will automatically eliminate unemployment, he argued that governments needed to adopt appropriate fiscal and monetary policy in order to create full employment, ...

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  • TDue to frequent headlines, there is substantial public awareness of core macroeconomic issues like unemployment, trade agreements, exchange rates, deficit, taxes, interest rates, etc. However, even professionals are often ignorant of the intellectual battles which have shaped modern macroeconomics, ...

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