Purpose – The paper aims to combat economic illiteracy concerning poverty, minimum wages, sweatshops and working conditions. Design/methodology/approach – The objectives were achieved by (among others) making a proper economic analysis of the unemployment effects of minimum wage laws. The...

Purpose – The purpose of this paper is to explain an economic incentive to manage earnings derived from the intersection of disclosure theory and equity theory and to discuss its behavioral implications. Design/methodology/approach – This is a theoretical paper. Findings – A taxonomy of...

Purpose – It is the contention of this paper that the state of siege on the part of students against academics and administrators of the 1960s has been replaced by one led by university administrators who are now waging a war of “political correctness” against students and faculty. These...

Purpose – To examine the relative efficiency between the domestic and foreign banks Islamic banking operations in Malaysia. Design/methodology/approach – The paper utilises the Data Envelopment Analysis (DEA) methodology, which allows for the decomposition of technical efficiency into its...

Purpose – The purpose of this paper is to discuss the mentality of our civilization, the structure of human life nowadays and to attempt to prove that under these the continual and progressive environmental deterioration is inevitable. Design/methodology/approach – The paper investigates the...

Purpose – To reason whether the interest-based fiat monetary system is compatible with the objectives of the Islamic law or the Shariah. Design/methodology/approach – This is a theoretical paper that uses the quantity theory of money and the objectives or maqasid al-Shariah as expounded by...

Purpose – The proposed paper aims at contributing an objective analysis of the nature, agenda and politico-economic and strategic dynamics of the contemporary movement of globalization. The paper is going to explore the significant patterns of economic changes, which have culminated into...

Purpose – To explore the outer reaches of buying, selling, property rights in an Islamic context. Design/methodology/approach – Philosophical, applying legal analysis, critique to the work of Richard Epstein. Findings – That there are no exceptions to the general rule that, under full free...

Purpose – The aim of writing this paper is to demonstrate how societal sector institutions influence the lender-borrower network relationships. Design/methodology/approach – The objectives are achieved by analyzing data based on an “Institutional Network” theoretical frame of references....

Purpose – The purpose of this paper is to provide logical and empirical explanations as to why monetary policy is ineffective with respect to affecting mortgage rates, and thus investment and aggregate demand. Design/methodology/approach – Logical and empirical evidence is provided in...