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Economics may appear to be the study of complicated tables and charts, statistics and numbers, but, more specifically, it is the study of what constitutes rational human behavior in the endeavor to fulfill needs and wants.

As an individual, for example, you face the problem of having only limited resources with which to fulfill your wants and needs, as a result, you must make certain choices with your money. You’ll probably spend part of your money on rent, electricity and food. Then you might use the rest to go to the movies and/or buy a new pair of jeans. Economists are interested in the choices you make, and inquire into why, for instance, you might choose to spend your money on a new DVD player instead of replacing your old TV. They would want to know whether you would still buy a carton of cigarettes if prices increased by $2 per pack. The underlying essence of economics is trying to understand how both individuals and nations behave in response to certain material constraints. ((To learn how economic factors are used in currency trading, and Forex Walk through Economics.

We can say, therefore, that economics, often referred to as the “dismal science”, is a study of certain aspects of society. Adam Smith (1723 – 1790), the “father of modern economics” and author of the famous book “An Inquiry into the Nature and Causes of the Wealth of Nations”, spawned the discipline of economics by trying to understand why some nations prospered while others lagged behind in poverty. Others after him also explored how a nation’s allocation of resources affects its wealth.

To study these things, economics makes the assumption that human beings will aim to fulfill their self-interests. It also assumes that individuals are rational in their efforts to fulfill their unlimited wants and needs. Economics, therefore, is a social science, which examines people behaving according to their self-interests. The definition set out at the turn of the twentieth century by Alfred Marshall, author of “The Principles Of Economics” (1890), reflects the complexity underlying economics: “Thus it is on one side the study of wealth; and on the other, and more important side, a part of the study of man.”

Is it true opinion of those that remain Islamic economic alternative to the Western capitalist economic system, in an effort to get out of the global economic crisis that the West experienced today?

True, the answer is certain. Today the West is trying to turn to Islamic economics

in an attempt to get out of the economic crisis that simply ‘crush’. You need to know, capitalist economic experts have acknowledged that capitalism should be regulated by the castle (siyâj) morality and government interference. The fort is no other Islamic Islamic economics itself. As is known, the economic system of Islam bans a variety of practices that harm the economy in general form, such as fraud, speculate, and that full interaction usury.

Interest earned from the practice of usury economy continues to grow in the form of circulation (debt) and without the inherent sense of affection towards The attitude is to cause damage to the economic circulation, because it could be the due date of payment, the borrower has not been able to pay it off. As a result, providers are forced  debt. Thus, buying and selling process stalled. These are things that harm the general process of trade between the two.

Would not this be a symptom of a transformation in Western thought?

Indeed it is a form of thought transformation. However, these conditions

demanding they do so. They now know the extent of the urgency of the Islamic religion. In fact, before they assert that between economics and religion there is no relation at all, and there is no foundation and religious rules are entitled to regulate the economy. West only concentrate on the economic character of money (aliqtishâd)

al-Mali), not the real economy, where the economy is actually

develop and promote the state. Of course, a purely cash economy is wholly rejected by Islam. Islam gives the terms, that in any financial mobility assets, to be paid (directly proportional) with services (khidmah) are real. Meanwhile, the Western world only focus and expand financial mobility, without any service and transfer of real commodity. Therefore, the capitalist system is the economic system of debt (iqtishâd Madin), for every person involved in there is considered to plant debt.

Although there are so many people feel the book Rich Dad Poor Dad opened their insights about the money, not a few who criticize and controversy over his work. A search by the U.S. government itself reveals that Kiyosaki actually not as successful now before he sells his books. In other words, precisely because Kiyosaki became rich selling book Rich Dad Poor Dad and not for doing what he writes. At least Rich Dad Poor Dad and various derivative products has added to the coffers Robert tens of millions of dollars.

John T Reed, an investor Real Estate real (Real Estate is one of the investment focus in the book Rich Dad Poor Dad) write a complete critique of what is written Kiyosaki. Several other authors added that what he wrote just a motivational words and poor practical application. Responding to this, Kiyosaki dismissed and said that a book must be enjoyable to read and is inspiring.

One other criticism is about the Rich Dad figures that many times told in his book. Search Most observers find that the character who narrated Rich Dad Robert Kiyosaki does not exist purely fictional alias. To this, Kiyosaki said that his character is really there and died shortly before Rich Dad Poor Dad book was published without further explaining the name and identity. Until now Rich Dad is still a mystery whether or not there. Some skeptics finally say should book Rich Dad Poor Dad and its derivatives books included in the fiction category parallel to Harry Potter novels by JK Rowling.

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Is it true opinion of those that remain Islamic economic alternative to the Western capitalist economic system, in an effort to get out of the global economic crisis that the West experienced today?

True, the answer is certain. Today the West is trying to turn to Islamic economics

in an attempt to get out of the economic crisis that simply ‘crush’. You need to know, capitalist economic experts have acknowledged that capitalism should be regulated by the castle (siyâj) morality and government interference. The fort is no other Islamic Islamic economics itself. As is known, the economic system of Islam bans a variety of practices that harm the economy in general form, such as fraud, speculate, and that full interaction usury.

Interest earned from the practice of usury economy continues to grow in the form of circulation (debt) and without the inherent sense of affection towards the muwarridin. The attitude is to cause damage to the economic circulation, because it could be the due date of payment, the borrower has not been able to pay it off. As a result, providers are forced memperkarakannya debt. Thus, buying and selling process stalled. These are things that harm the general process of trade between the two.

Would not this be a symptom of a transformation in Western thought?

Indeed it is a form of thought transformation. However, these conditions

demanding they do so. They now know the extent of the urgency of the Islamic religion. In fact, before they assert that between economics and religion there is no relation at all, and there is no foundation and religious rules are entitled to regulate the economy. West only concentrate on the economic character of money (aliqtishâd

al-Mali), not the real economy, where the economy is actually

develop and promote the state. Of course, a purely cash economy is wholly rejected by Islam. Islam gives the terms, that in any financial mobility assets, to be paid (directly proportional) with services (khidmah) are real. Meanwhile, the Western world only focus and expand financial mobility, without any service and transfer of real commodity. Therefore, the capitalist system is the economic system of debt (iqtishâd Madin), for every person involved in there is considered to plant debt.

“Today, the West is discussing the need to turn to Islam as an alternative economy of the capitalist economic system of usury,”

Dr firm. Muhammad Abdul Halim Omar, an economic expert of Al-Azhar University

“Behold now the middle West is in a real dilema and looking for a safe way out. Economists suggest there to turn to the Islamic economy and away from the practice of usury and speculation. Because, the practice is the sole cause behind the outbreak of the global economic crisis of late that brought down a number of Bank of the world, especially the United Leman Bradz Bank, the fourth largest bank in the world “, said the advisory group of Islamic Economics Salih Kamil.

It’s a fact! and we can not deny it. We are (again) in times of crisis and just read the paper today to find out.

But “turn the crisis into opportunity” should be much more than a slogan or a nice motivational phrase. To successfully face these days, every employer should dispense with strategies that will help keep their businesses afloat.

CNNExpansión’s blog, I found 8 strategies to counteract the effects of the crisis in business. These strategies can not be ignored. Are fundamental and we just read, analyze and implement them with a sense of urgency in business.

They talk among other things, analyze the market, know the competition and make alliances. But especially I want to expand on one that catches my attention because usually the entrepreneurs and business owners give little importance and is: KNOW THE INTERNAL RATES OF YOUR COMPANY. Readmore…