The Nature and Logic of Capitalism (1)

Robert L. Heilbroner (1919−2005) was a historian of economic thought and a professor at the New School for Social Research. He wrote about 20 books, one of the most important of which is titled The Nature and Logic of Capitalism (1985). In writing these blog posts, my immediate purpose is to summarize/paraphrase that book, and, in the process, try to…

Time is a Sword (1)

Included in Asrar-i Khudi, Iqbal’s first book of Persian verse, is a poem titled “Al-Waqt Sayf,” time is a sword. The title comes from a saying attributed to the famous scholar and jurist Imam Ahmad bin Idris Al-Shafi’i (767-820 CE).  Iqbal’s poem has three parts.  Here I will attempt a paraphrase of the first part of this poem and…