Welcome to my home-page..!!

 

Dr. Usamah Ahmed Uthman

Associate Professor of Economics

Department of Finance and Economics

King Fahd University of Petroleum & Minerals

Dhahran 31261, Saudi Arabia

email: osama@kfupm.edu.sa

Office Phone: 966-3-8602778

Fax:966-3-8605564

 

Research interest: Monetary and Macroeconomics

                   International Economics

                   Islamic Economics & Finance

Consulting:

A free lance consultant for:

Azzoni Management Consultants

SIPKEM

Saudi Association of Dairy Products Producers      

 

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Why Good Economists Are The rarest of Birds?

 

 

"The study of economics does not seem to require any specialized gifts of an unusually high order.  Yet good, or even competent, economists are the rarest of birds.  An easy subject, at which very few excel.  The paradox finds its explanation, perhaps, in that the master-economist must possess a rare combination of gifts.  He must reach a high standard in several different directions and must combine talents not often found together.  He must be mathematician, historian, statesman, philosopher - in some degree.  He must understand symbols and speak in words.  He must contemplate the particular in terms of the general, and touch abstract and concrete in the same flight of thought.  He must study the present in the light of the past for the purposes of the future.  No part of man's nature or his institutions must lie entirely outside his regard."

 

                                                                   John Maynard Keynes

                                                                   The Economic Journal

                                                                   September 1924

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Links to Some Academic Papers:

 

Debt And Equity Contracts In The Theory Of Social Economy

 

Profit Sharing Vs. Interest Taking in the Kaldor-Pasinetti Theory of Income and Profit Distribution

 

Zakat, Comparative Taxation systems

 

Money, Interest, and an Alternative Macroeconomic System

 

Prospects for Minimum Wage in Saudi Arabia ( In Arabic)

 

Foundations of Islamic Economics

 

Indeterminacy of long run interest and profit rates

 

Schumpeter, the tax-like effect and the welfare cost of interest