Complexity economics taught us that the world is an ever-changing system with no simple answers. The Dynamic Prescriptive Economics framework takes this knowledge and turns it into a governing principle: Adaptive Governance.
It provides a robust, measurable methodology to:
Quantify the cost of trade-offs using NBCs.
Design a path to synergy using STOs.
Integrate long-term wisdom using AER.
Those scientists who believe in Scientism and hold that the experimental method is the only arbiter in all matters of life need to look no further than the field of economics where the tools and concepts of physics are applied. Even though science cannot be arbiter in morals, defining motives, public policy and politics, but it cannot even be a perfect and sufficient tool in explaining economic behaviour by taking the analogy of animal behaviour which is based on self-interest and survival instincts.
Islamic Economics Project 