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This post organizes the materials on a radical approach to teaching statistics, which rebuilds the central concepts of probability and causality on new epistemological foundations.

Agent Based Models can be used to expose the hidden assumptions hiding beneath the mathematics and the curves of supply and demand

Agent Based Models lay bare the inner workings of supply and demand and make difficult concepts easy to teach.

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This opening lecture of a new course on Agent Based Approach to Microeconomics provides introduction and motivation.

Using Agent Based Models allows us to revisit selfish homo economicus and replace them by more realistic assumptions about human behavior

The Trolley Trick: Marginalizing Morality in Elite Education

Could you persuade an ordinary decent person that murder might sometimes be morally admirable? Deep moral convictions are not easily shaken. A person may be confused, tempted, frightened, or pressured into wrongdoing, but to calmly reconsider the moral status of murder itself — that seems almost impossible. Yet in one of Harvard’s most famous lecture series, Professor Michael Sandel (Justice: The…

Simplified ABM: Learning Markets from the Ground Up

I have been invited to deliver a series of lectures on agent-based modeling in economics for students at Ibn-e-Haldun University. I plan to use this opportunity to develop a broader online course on a new way of teaching economic theory. Most students learn economics through diagrams and equations. Supply and demand is taught as two curves crossing at an equilibrium point. Consumers maximize…

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Ai has made modern educational methodology obsolete. The article discusses how we can revise and adapt, to benefit from this revolution

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Article explains how modern university education has been made obsolete by AI - and how this is a golden opportunity (not a disaster) to return to an education stuying the deeper questions we face as human beings

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#AI #Education

Surprisingly, mainstream economics treats money as neutral, even though it is a central driver of the economy. This post explains why concealing money also conceals the power relationships central to a capitalist economy.

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Modern macroeconomics assumes that money only affects prices, and not the real economy. This post shows how we can lift the veil of money, and begin to see the central role it plays in modern market economies.

The Gold Dinar (Part 1): The Questions We Are Not Asking

The gold dinar is more than a monetary proposal. For many Muslims, it is a moral intuition: that money should be honest, disciplined, and protected from arbitrary power. It represents stability in a world of inflation scares, debt-driven fragility, and a dollar-centered order that feels structurally unfair. Even those who do not follow the technical debates often feel the appeal…

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Rediscovering Justice in Economics

This post summarizes the first five chapters (through Chapter 5A) of Alasdair MacIntyre’s Whose Justice? Which Rationality? It is written for economists—especially heterodox economists—because MacIntyre exposes something deeper than “mainstream mistakes.” He shows why modernity has lost the ability to even hear what Plato and Aristotle were saying about justice: justice is not an individual…

Does Might Make Right? Power and Justice Across Civilizations

Alasdair MacIntyre’s Whose Justice? Which Rationality? is an ambitious attempt to answer a deceptively simple question: how can rival and deeply opposed moral traditions argue with one another rationally, rather than merely assert power, preference, or authority? MacIntyre’s answer unfolds historically. Instead of beginning with abstract theory, he traces how different civilizations and…

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The Islamic Firm: Restoring Human Dignity in a World Where Everything Is for Sale

This post provides the video, and an AI-generated outline of my talk on “Islamic Theory of the Firm: From Profits to Service” via ZOOM, 10-12pm PK time. Access SLIDES. OUTLINE OF TALK on 0:00 – 2:00 — See also: About Me Host introduces you (bio, institutions, broad arc of your work). Brief mention of topic: how “profit” becomes “service” in an Islamic theory of the firm. Technical setup &…

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Still Ruled by the Raj: How Colonial Governance Shapes Pakistan Today

Why does Pakistan struggle with governance, despite waves of reforms, new policies, and countless “visions” and “roadmaps”?A recent talk between civil servant and scholar Tariq Awan and Nadeem ul Haque (see Haque Economics Podcast: Why Bureaucracy Refuses to Reform & Modernize?) adds fresh clarity to this question — and aligns in striking ways with arguments I made in an earlier piece, Impact of…

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A Third Generation Curriculum for Islamic Economics

1 Introduction During my recent visit to Indonesia, hosted by APSEII – an organization of state universities offering Islamic Economics Bachelor’s degrees – I was greatly encouraged by the rapid development of Islamic Economics education taking place across the country. At the APSEII Curriculum Review, over forty-five universities expressed their joint commitment to adopting a Third…

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