My main website is; it has a GUIDE to new and popular posts and videos. Information about me: Dr. Asad Zaman. For recent short posts on diverse topics, see my blog: An Islamic WorldView,  and LinkedIn. A free e-book which is a collection of my articles can be obtained from: An Islamic Worldview: Essays on the Conflict Between Islam and Modernity. My Top 10 Post of 2018, and  Most Popular(old) posts & videos. Urdu Posts. Some groupings are listed below:

I also have three YouTube Channels:

  1. My Main Channel: Asad Zaman
  2. My Econometrics Channel: AZ Econometrics
  3. My Islamic Economics Channel: AZ Islamic Economics

Recently Completed Two Semester Course: Advanced Macroeconomics has two sets of lectures – MAC01 to MAC25 – 25 lectures of Advanced Macro First Semester, and AM01 to AM26 26 lectures of advanced macro second semester.

Recently Completed Two Semester Course: Website for Advanced Micro I, based on Anti-Textbook, Sep 2017 – Jan 2018  Advanced Micro II course, based on Experimental Economics and ABM, Feb 2018 

An older course which is a mix of Micro/Macro/Polanyi

For lists of, and links to, more courses, see TEN COURSES


GUIDE: Resources for the Study of Polanyi’s Great TransformationContext & Information: Today, we are all deeply under the influence of Western ways of thinking, due to the dominance of Western modes of education. To understand, analyze, and eventually liberate ourselves from this influence, it is essential to study the history of development of Western thought. Three books are important for this purpose. The first of these is RH Tawney: Religion and the Rise of Capitalism, which shows the changes in religious thought that accompanied the rise of capitalism. The second is Karl Polanyi’s The Great Transformation: Political and Economic Origins of Our Times. I have written a lot of material summarizing his works, and detailing different aspects of the Great Transformation. This material is linked in my post on: Resources for the Study of Polanyi’s Great Transformation.  The third is Peter Manicas, “History and Philosophy of Social Science” which explains how social sciences emerged in the West. From the Islamic point of view, an analysis of crucial importance in this regard is: “Origins of Western Social Sciences.”; this explains how social sciences emerged in response to the need for analysis to replace earlier Christianity-based approaches, and involve explicit rejection of religious ideas.

POSTSCRIPT: I have launched a new website to try to organize my writings/videos. BUT, I have not had time to organize it.

Recent Posts

Origins of Banking (urdu)

[] The story of creation of Bank of England in 1694 has been given briefly in “The Origins of Central Banking“. Detailed explanation of the financial gimmicks used by Banks, which continue to be in use today, is given in a separate post on “Monetization, Maturity Transformation, and MMT“. This material is of great importance for Ulema, to understand the nature of money and banking today. These two posts (English) were discussed and explained in Urdu, in a talk for Ulema at Madrassa Darul Taqwa at Chauburji in Lahore, this morning at 9:00am on 27th January 2020. A 50m audio recording of the talk in Urdu, folliwed by Q&A session is linked below. This covers more or less that materials given in the two posts linked above in English.


  1. Essence of Modern Money Leave a reply
  2. Diagnosis and Solutions for Problems Facing the Ummah Leave a reply
  4. 1/3. Motivation for Learning Leave a reply
  5. Simpson’s Paradox Leave a reply
  6. Paranoia of Scarcity Leave a reply
  7. Family Breakdown 1 Reply
  8. Talk: Islamic Economics at University of Indonesia: Parts 4 of 12 Part Video Series Leave a reply
  9. Economic Theory as Ideology 3 Replies