Why economics is a dismal science

“If you (o mankind) possessed the depositories of the mercy of my Lord, then you would withhold out of fear of spending.” And ever has man been stingy

Often the problem lies in attempting to craft solutions in a non-holistic material manner. It is almost impossible to craft solutions for social science problems through materialistic approach keeping spiritual aspects aside. Margin of errors would go tremendously high because of so many hidden parameters that can not be explained and captured given materialistic world view.

And if only the people of the cities had believed and feared Allah , We would have opened upon them blessings from the heaven and the earth

Chapter 71 (Noah) verses 10–12. Here Noah is asking his people to seek forgiveness, because if they do so, then Allah will:

.. send [rain from] the sky upon you in [continuing] showers. And give you increase in wealth and children and provide for you gardens and provide for you rivers.

Chapter 65 (at-Talaq), verses 2 and 3.

And whoever fears Allah — He will make for him a way out, And will provide for him from where he does not expect.

In sum, my appeal to the world is to make friend with the Quran, because if we do so, the Quran has the power to turn the dismal view of economist to much optimistic view of our future.

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We have certainly sent down to you a Book in which is your mention. Then will you not reason? [Quran 21:10]

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abdulbaqi

abdulbaqi

We have certainly sent down to you a Book in which is your mention. Then will you not reason? [Quran 21:10]