Category: Economics

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Chief Economist for Multinational, Citigroup, praises Islamic Economics

MDI comment: Willem Buiter, the chief Economic for the multinational investment banking and financial services corporation Citigroup, is a keen advocate for Islamic Economics, and has criticised the current traditional Western financing as “poor financial design” while praising  Islamic solutions to financing peoples’ homes and other developments, as “good financial engineering”. […]

A World Tax for the Poor

The UN has recently called for implementing a billionaire’s tax, a tax that would be used for helping the poor. Indeed, this is a very interesting proposal to try and help those in poverty, but we don’t the UN to come up with a supposed new idea of […]