Making thoughts unthinkable – the soft power of economic theory

The 1932 science fiction novel Brave New World portrays a dystopian future where history is rewritten and words are redefined in order to make undesirable ideas “unthinkable.”footnote 1 The book is often associated with George Orwell’s 1984, where those who do anything undesired by those in power are made into an “unperson,” with all evidence… Read More Making thoughts unthinkable – the soft power of economic theory

Fisher’s Flawed Foundations of Statistics

This lecture is about the personality of Sr Ronald Fisher and his foundational ideas about statistics. The idea that statistics is all about “data reduction”, is due to lack of computational capabilities at the time of Fisher – it was not possible to analyze thousands of data points, without reducing them to manageable summaries. Even… Read More Fisher’s Flawed Foundations of Statistics

Alternative Models of Development: Becoming the Change You Want to See

Invited Lecture at Helsinki Institute of Sustainability Science, on 22 Apr 2021. ABSTRACT: A materialistic approach to life locates problems in external reality, and attempts to find technological, political, or economic solutions. This represents a misdiagnosis which makes cures impossible to find. The anthropocene was brought about by the spiritual stunting now widespread across the… Read More Alternative Models of Development: Becoming the Change You Want to See

An Islamic Approach to Macro-Prudential Regulation

Video recording of talk at 3rd BANK INDONESIA INTERNATIONAL SEMINAR ON ISLAMIC FINANCE, Presented at Session 4: Macroprudential Policy Framework for Islamic Finance, Nusa Dua – Bali, Indonesia 30th & 31st May 2013. Video is followed by summary of talk 1       A Three-Dimensional Approach It is well-known that the Global Financial Crisis 2007, which made… Read More An Islamic Approach to Macro-Prudential Regulation

Euclid Must Fall!

(Keynote Address by Professor C.K. Raju at Tübingen/Pretoria 13 May 2021). In my view, Professor C K Raju is one of the deepest thinkers of modern times. He has managed to see through a web of deceit which has been spun over centuries to project the myth of Western intellectual superiority. Understanding his works opens… Read More Euclid Must Fall!

The Importance of Peace

Introductory Message for Inauguration of Center for Critical Peace Studies; see https://ccps.umt.edu.pk/ by Dr. Asad Zaman, Director, Uloom-ul-Umran (replacement for Eurocentric Social Sciences), Al-Nafi Online Educational Platform About 1 Billion live in poverty, under $2 per day. Eliminating poverty requires about $700 Billion (=2×365) per year.  US “Defence” Budget is over $700 Billion. Global Military… Read More The Importance of Peace