
Economics of the individual: Unpacking homo economicus and islamicus
Essayem Amal “Science is essentially a problem-solving activity.” This is how Larry Lauden begins his well-known book Progress and Its Problems[1]. While this is not an article on epistemology, this quote is a good place to start thinking about how theories do not always reflect reality. Science ultimately aims to explain and control the natural world by the resolution or clarification of problems. Scientists, through knowledge, seek … Continue reading Economics of the individual: Unpacking homo economicus and islamicus