Archive for October, 2006

Inflation in Pakistan

Sunday, October 29th, 2006

Theory of Inflation: Inflation means a sustained rise in prices. Inflation can be Creeping, walking or trotting, running, hyper or gallop, demand pull, cost push, mixed, markup or stagflation according to velocity and nature. Inflation is caused by some demand side factors (Increase in nominal money supply, Increase in disposable income, ...

Iqbal’s Falsafa (English Translation)

Tuesday, October 24th, 2006

Youth’s thinking is either open or privy. Is not hidden from a Sufi’s eye. I’m aware of, how your present is For I crossed this road years ago Wise don't baffle the words’ perplexity Do divers target shell rather than pearl? Wisdom that aspirants bear Turns the baby flame into flare. The truth that the heart approves Values more ...

Political Economy

Friday, October 20th, 2006

Political economy in its originality is the study of production, buying/selling, and their relationships to laws, customs and government. Adam Smith is considered to be the founder of such phenomenon of study (According to him, “in political economy we study how to produce wealth for nations”, Latterly his follower David ...