Böcker av Hasan Gurak

This book examines the role of creative mental labor in determining long-term economic growth, production costs, and product pricing. By redefining theories of value-price and growth in relation to creative mental labor, it acknowledges the role of human talent and skill in the creation of new technologies, productions, and productions methods, and highlights the impact this has on supply and demand dynamics. Traditional and neoclassical notions of human capital are challenged to present a new theory of growth that is more aligned with real life economics.This book reevaluates ideas of economic growth by contextualising technological advancement and sustainable long-term economic growth within ideas of creative mental labor and skilled mental labor. It will be of interest to students and researchers working on labour economics.

After a thorough analysis of historical developments by Francesco Macheda, H. Gurak, in the following chapters of the book, is reporting on rather important global issues regarding long-run growth and the progress of developing countries, such as the Brain Drain, Types of Capital, The legend of Savings equals Investment and the Middle-Income Trap.

Mainstream economic theories/models which are dominant today only are successful in explaining "a fictional world" and "fictional economic relationships" which are largely based upon unrealistic assumptions. It is high time to produce "new and alternative" theories and models to replace the "parables" of these mainstream ideologies.

The Islamic economic paradigm with its scientific Islamic economic theories have to be comprehensive as well as perfect in the sense of fairness, ethical values and fruitfulness. But are there universal Islamic economic systems with universally applicable economic laws acceptable by both, the Muslim and the non-Muslim world?

This book presents alternative economic approaches intended to contribute to the emergence of a new economics. The analysis is based upon the principle that the source of all the inputs and outputs of production is the result of the efforts of a physically and mentally competent labor force, using the resources of nature.

Many economists are becoming more and more discontent with the sophistries of mainstream doctrines. This book presents some realistic alternative approaches to the conventional 'unrealistic' attitudes of mainstream economists in order to pave the way for a further development of new ideas.