Volume & Issue: Volume 17, Issue 3 - Serial Number 46, Summer 2017, Pages 1-152 
Research Economy

The Moral Limits of Markets: A Critique on the Book “What Money Can't Buy?”

Pages 1-19

Hamid Padash

Abstract Michael Sandel (2012) criticizes the neoliberal policies that were presented and implemented in many countries from 1970s in his book”What Money Can't Buy: The Moral Limits of Markets”. The writer has criticized a situation in which neoliberal policies have led to commodification and monetization of social relations. He shows how our daily and routine experiences have lost their social and collective aspects. The individuals assess and justify their incentives on the material profit (and loss) basis. This paper is structured in the framework of the formal critique and content critique. It is argued, in this paper, that there are important differences between these features which are not equal.   But, the writer categorizes all of them in just one category and presents similar explanation for them. This is the most important critique to the book that describes itself as a book for ”how we live in the market-oriented capitalist world”.

Research Economy

Review and Critique of the Book of Economics of the Public Sector

Pages 21-34

Khosrow piraee

Abstract In the economics of the public sector, the presence of the government in the economy is studied from two perspectives of efficiency and justice. This section of economics seeks to provide a framework for explaining whether government should intervene in the economy. It also answers the question of how far the government should play a role in the economy. In the absence of the government, can a market mechanism produce favorable results? Is the availability of appropriate and comprehensive teaching resources a prerequisite for success and high quality education? Efforts to print textbooks in the sector of public economics are necessary, essential, and appreciable. The book of Economics of Public Sector, written by Yadollah Dadgar, is a commendable effort in this field and an endeavor to compensate for the shortage of appropriate teaching resources in economics of the public sector. It has many advantages and strengths, but there are some shortcomings which their elimination can add to the richness of the book's topics. The purpose of this article is to review and evaluate the book and express its strengths and weaknesses in order to increase the efficiency of the book in question.

Research Economy

A Critique on “Economic Threats and Resistance Economy”

Pages 35-51

Seyyed Shamseddin Hosseini

Abstract This paper aims to review the “Economic Threats and Resistance Economy”. The authors believe that economic war (sanctions) is the main threat to Iran’s economy that is an instrument of exercising power. It is also noted that the economy is more vulnerable to sanctions in cyber areas, science, and technological dependency in industrial areas and economic dependency on oil sector. Among offered proposals, establishing an economic defense system and base is more applicable.The authors’ effort on finding the links among economy, defense, and security is the most important advantage of the book. However, the book could be enhanced in terms of its statistical analysis, credibility of some references, and old statistics usage.Although the title mentions resistance economy, the text does not perpend on general policies of resistance economy. It is necessary to pay more attention to requirements and consistency of resistance economy patterns, comprehensive defense, and security pattern and its role in resistance economy. The book could be used as a secondary reference for courses like Iran’s economy and development economics. Nevertheless, a basic move is to establish academic fields like defensive economics in graduate level.

Research Economy

Jonathan Gruber’s “Public Finance and Public Policy”: A Critical Analysis

Pages 53-70

Mohammad Javad Sharifzadeh

Abstract The idea of the proper role of the public sector (the state) in the economy has been discussed from the ancient times and due to its importance has entered the educational programs of universities around the world. This paper introduces and critically analyses Jonathan Gruber’s Book entitled “Public Finance and Public Policy”. The book is one of the most recent textbooks in the field and is used as the main textbook in the public sector economics courses in many universities. The main strengths of the book are: fulfilling the formal standards of textbooks, up-to-date contents, the author’s emphasis on the practical and experimental issues of the public finance, its logical order, and its very user friendly writing. But, the book has some important shortcomings such as: its emphasis on the Pareto approach and neglecting alternative approaches such as the Rawlsian approach or the Amarya sen`s capability approach, lack of care to the historical approach and issues, neglecting non-liberal economists’ theories (e.g. socialist theories), neglecting the specific issues of the public finance in developing countries and ignoring new scientific instruments and issues such as game theory and behavioral public finance.

Research Economy

Review and Critique of the Book of Scientific Islamic Economics Theory Building

Pages 71-92

Vaheed Moghadam

Abstract One of the most important issues in Islamic economics is how to generate theories and to criticize and praise common economic theories. Research Institute of Hawzah and University and SAMT organization have attempted to take a step forward in this field publishing the third edition of the Book of Scientific Islamic Economics Theory Building in 2012, written by Hojatoleslam Hassan Aghanazari. In this book, the author seeks to provide a way for theory building in Islamic economics by combining the teachings of Islam and the scientific method derived from the philosophy of science, but he faces two fundamental problems: Firstly, Islam, in practice, reduces to dos and don’ts, and thus its existential and epistemic propositions are prevented from playing a role in economics; secondly, by accepting experience as the evaluator and the criterion of being scientific, a proposition extends to the empiricism and its weaknesses, of course, the jurisprudential and ideological discussions of the book, especially the subject of constructions are considered as a step forward in the books of Islamic economics. To illustrate the possibility of theory building in Islamic economics, the book offers two concrete examples of this, though these two theories are more likely to be the Islamization of current economics. Therefore, the present book needs to be thoroughly revised to become an appropriate textbook in the field of Islamic economics.

Research Economy

Considering and Reviewing Economics for Everyone

Pages 93-112

Fatemeh Mehraban

Abstract This paper reviews the concepts mentioned in the book "Economics for Everyone", and provides a critical view on the content of the book. The emphasis of the book and the author's reasons for writing the book is that there is not enough exchange of information between economic students and populace about economic issues. Although the book  presents difficult and complex economic concepts in macroeconomics for public community through  simple,, eloquent, and fluent language,  the book ., the book does not seem suitable for those people people who lack the knowledge of economy because they need to know the assumptions and concepts in this field. Furthermore, overemphasis on the simplification of the concepts has led the author to neglect many of the prerequisite concepts. This leads to the reduced cohesion andlogical arrangement in details.Despite the overall coherence and the presentation of the analysis based on the neo-classical view, it seems that the review and reorganization of work in such a way that the reader can understand the relationship between the concepts listed and the course bookhelps to increase the coherence of the book.

Research Economy

Book Review of Economic Theories of Development: An Analysis of Competing Paradigms

Pages 113-133

Seyed hossein Mirjalili

Abstract The text explains six main intellectual frameworks in the economic theories of development based on Cohen's paradigm. Since the publication of Thomas Kuhn's Structure of Scientific Revolutions in 1962, researchers in the natural sciences and then social sciences, particularly economic researchers tried to apply paradigmatic analysis in a variety of disciplines including development. Hunt’s book is a good example of such works. Modernization, structuralism, Neo-Marxism, Maoism, basic needs, and Neoclassical Economics as competing paradigms have been discussed in this work. The author explains dependency theory, but he does not recognize it as a paradigm. In this paper, the author’s definition of paradigm has been criticized. Another critique to the text is incommensurability of paradigms that constitute the book's approach.
Economic methodologists, who viewed economics from the perspective of Cohen’s scientific revolution, have recognized Keynesian economics as a true paradigm shift in economics, and development economists recognized the shift from modernization to dependency theory as a true paradigm shift in development. Finally, institutionalist approach to economic development was neglected and has not been discussed in the text.

Research Economy

Critical Review of John Rawls's Theory of Justice with Emphasis on the Scope and Definition of Justice

Pages 135-152

Mohammad Nemati

Abstract It can be claimed that the subject of justice is the basis and the source of different theories  as well as affairs management  in the arena of human social life. Social science theorists cannot escape from resorting to a concept and theory of justice in order to prove or justify their theory in any of these sciences. In the analysis of each theory of justice, three factors are considered:
 • First, the basis of justice: what does the theory think about the basis of justice? The answer to this question also identifies the methodology of the theorist of justice in explaining his or her conception of justice.
• Second, the scope of justice: What is the scope and area in which the theory of ​​justice is offered?
• Third, the definition of justice: What does the concept of justice represent?
Rawls, in the Theory of Justice, has tried to answer all three questions, and the same integrity makes Rawls' theory of justice, among remarkable ideas of justice in recent decades. In this paper, while introducing the general structure of the book and a brief reconstruction of his theory, criticisms of the book, with emphasis on two factors - the scope and the definition of justice - in Rawls theory, are discussed.