Publications
Publications
Books
Agricultural Supply Response: A Survey of the Econometric Evidence, with John Cummings, Foreword by Franklin M. Fisher, Praeger, October 1976.
The Economies of the Middle East in the 1970s: A Comparative Approach, with J. Cummings, Praeger, November 1976.
Military Expenditures and the Level of Economic Development, with M. Glover, No. 1 in World Resources Series, Bureau of Business Research, The University of Texas at Austin, June 1977.
Horizontal Divestiture of Energy Companies and Alternative Policies, with T. Ruefli and M. Kennedy, College of Business Administration Foundation, The University of Texas at Austin, and reprinted in The Congressional Record, 1977.
Industrial Classification, Regional Market Structure and Divestiture, with David Huff, G. Kozmetsky and James Lutz, College of Business Administration Foundation, The University of Texas at Austin, February 1978.
Oil, OECD and the Third World: A Vicious Triangle, with J. Cummings, Middle Eastern Monograph Number 5, The University of Texas Press, October 1978.
Energy and Regionalism In The United States, Policy Series No. 10, with J. Cummings, G. Kozmetsky, The University of Texas at Austin, 1981.
Taxation and Tax Policies in the Middle East, with J. Cummings and M. Glover, Butterworth Publishers, England, 1982.
Saudi Arabia: Oil and the Search for Economic Development, preface by Robert M. Solow, with Babak Dastmaltschi, JAI Press, 1990.
Third World Debt And Financial Innovation: The Experiences of Chile and Mexico and Innovation Financiere et Dette du Tiers-Monde: Le Cas du Chili et du Mexique, OECD, Paris 1991.
Economic Development in the Countries of the GCC: The Curse and Blessing of Oil, with V. Nowshirvani and M. Jaber, JAI Press, October 1997.
Economic Sanctions: Examining Their Philosophy and Efficacy, with J. Forrer, H. Teegen and J. Yang, Praeger, February 2003.
Case Studies of Economic Sanctions: The Chinese, Cuban, and Iranian Experiences, with J. Forrer, H. Teegen and J. Yang, Praeger, December 2003.
The Middle East Oil Exporters: What Happened to Economic Development? Foreword by Robert M. Solow, Edward Elgar Publishing, Cheltenham: UK, December 2006, and Northampton: US, February 2007.
New Issues in Islamic Finance and Economics: Progress and Challenges, with Z. Iqbal and A. Mirakhor, John Wiley & sons, September 2008.
Globalization and Islamic Finance: Convergence, Prospects, and Challenges, with Z. Iqbal and A. Mirakhor, John Wiley and sons, November 2009.
The Militarization of the Persian Gulf: An Economic Analysis, with Amin Mohseni and Shahrzad Daneshvar, Edward Elgar Publishing, Cheltenham: UK, and Northampton: US, November 2009.
The Stability of Islamic Finance: Creating a Resilient Financial Environment for a Secure Future, Foreword by Sir Andrew Crockett, with Zamir Iqbal, Noureddine Krichene and Abbas Mirakhor, John Wiley and Sons, Janurary 2010.
Corruption and its Manifestation in the Persian Gulf, with S. Rehman and N. Arfaa, Edward Elgar, August 2010.
Islam and the Path to Human and Economic Development, Foreword by Ali Allawi, with Abbas Mirakhor, New York: Palgrave Macmillan, August 2010.
Risk Sharing in Finance: The Islamic Finance Alternative, Hossein Askari, Zamir Iqbal, Noureddine Krichene and Abbas Mirakhor, John Wiley and Sons, October 2011.
Conflicts and Wars: Their Fallout and Prevention, Foreword by George A. Akerlof, Hossein Askari (with the assistance of A. Aridi, M. Khorasani, and A. Najafi), New York: Palgrave Macmillan, July 2012.
Collaborative Colonialism: The Political Economy of Oil in the Persian Gulf, Foreword by Robert E. Looney, New York: Palgrave Macmillan, 2013.
Conflicts in the Persian Gulf: Origins and Evolution, Foreword by Ahmad Ghoreishi, New York: Palgrave Macmillan, 2013.
Introduction to Islamic Economics: Theory and Application, with Zamir Iqbal and Abbas Mirakhor, Singapore: John Wiley and Sons, 2014.
Challenges in Economic and Financial Policy Formulation: An Islamic Perspective, with Zamir Iqbal and Abbas Mirakhor, New York: Palgrave Macmillan, 2014.
The Gold Standard Anchored in Islamic Finance, with Noureddine Krichene, New York: Palgrave Macmillan, 2014.
The Next Financial Crisis and How to Save Capitalism, with Abbas Mirakhor, New York: Palgrave Macmillan, 2015.
Islamicity Indices: The Seed For Change, with Hossein Mohammadkhan, New York: Palgrave Macmillan, 2015.
Reformation and Development in the Muslim World: Islamicity Indices as Benchmark, with Hossein Mohammadkhan and Liza Mydin, New York: Palgrave Macmillan, June 2017.
Ideal Islamic Economy: An Introduction, Foreword by Ali Allawi, with Abbas Mirakhor, New York: Palgrave Macmillan, July 2017.
Resource Rich Muslim Countries and Islamic Institutional Reforms, with Liza Mydin and Abbas Mirakhor, New York: Peter Lang Publisher, 2017.
Ancient to Contemporary Theories of Justice: An Islamic Perspective, with Abbas Mirakhor, New York: Palgrave Macmillan, 2018.
Journal Articles
“The Reform of the International Payments System,” with Franco Modigliani, in Essays in International Finance, Princeton University, No. 89, September 1971, Reprinted in Collected Papers of Franco Modigliani, MIT Press, 1979.
“Demand for Package Tours,” Journal of Transport Economics and Policy, Vol. 5, No. 1, 1971.
“The International Payments System: Past, Present, and Future,” with Franco Modigliani, Sloan Management Review, Vol. 13, Issue No. 3, 1972.
“Federal Taxes and the Internal Rate of Return on Owner-Occupied Housing,” National Tax Journal, Vol. XXV, No. 1, March. 1972.
“Supply Response of Sugar Farmers in the Philippines,” Asian Economic Review, Indian Institute of Economics, Vol. XV, April 1973.
“The Relationship between Protection and Productivity in the United States,” with Andrew Safir, Western Economic Journal, Agora, June 1972.
“Travel to Canada by U.S. Citizens,” Transportation Science, Vol. 6, No. 3, August 1972.
“Import and Export Prices Indices,” a puzzle, with Franco Modigliani, Journal of Political Economy, January 1973.
“A Note on the Testing of the Theory of Comparative Advantage,” Southern Economic Journal, Vol. XL, July 1973.
“A Study of the Effectiveness of Devaluations and Revaluations in the Post War Era,” with Yves Bizien and Ekram Hossain, Economia Internazionale, Vol. XV. August-November 1973.
“Factors Affecting Farmer’s Supply Responsiveness,” with John Cummings, Asian Economic Review, Vol. XV, August-December 1973.
“The International Transfer of Capital and the Propagation of Domestic Disturbances under Alternative Payments Systems,” with Franco Modigliani, in Banca Nazionale Del Lavoro, Quarterly Review, No. 107, December 1973. Reprinted in Collected Papers of Franco Modigliani, M.I.T. Press, 1979, and “Transferimenti internazionali di capitale e propagazione disquilibri interni in sistemi diversi di pagamenti,” with Franco Modigliani, Moneta e Credito, Banco Nazionale Del Lavoro, No. 104, Vol. XXVI, Fourth Quarter, 1973.
“A Survey of Two-Gap Models,” with V. Corbo, in Cuadernoss de Economia (Spanish), Ano 11, No. 32, 1974, International Institute for Quantitative Economics, Reprint Series (English) 1974.
“A Note on the Testing of Trade Theories,” Economia Internazionale, Vol. XXVII, February 1974.
“The Contribution of Migration to Economic Growth in the EEC,” Economia Internazionale, Vol. XXVII, No. 2, March 1974.
“Output Price Response in Agriculture: An Evaluation,” with John Cummings, The Indian Journal of Agricultural Economics, Vol. XXIX, No. 2, April-June 1974.
“A Comment on the Empirical Estimates of Trade Creation and Trade Diversion,” Economic Journal, June 1974.
“Stability of Exports of Developing Nations,” with Gordon Weil, The Journal of Development Studies, October 1974.
“Economic Implications of the Conflict in the Middle East,” with Vittorio Corbo, Journal of Peace Research, No. 4, October 1974.
“A Note on Trade and Labor Migration,” Kyklos, Vol. XXVII, No. 3, November 1974.
“Alternative Exchange-Rate Systems: A Rejoinder,” with Franco Modigliani, Banca Nazionale Del Lavoro, Quarterly Review, March 1975.
“The Value of a Barrel of Oil, “with Stephen Pease, C. Stone and J. Wolgin, The Middle East Journal, Vol. 120, No. 2, spring 1975.
“A Note on Trade Fluctuations Before and After August 1971,” with Michael Buckley, Bancaria, No. 9, September 1975.
“A Testing of the Ricardian Theory of Comparative Advantage,” with M. Agarwal and W. Corson, Economia Internazionale, August-November 1975.
“A Note on the International Transmission of Inflation,” Bancaria, No. 11, November 1975.
“A Note on Custom Union Theory,” Economia Internazionale, August-November 1975.
“Recent Economic Growth in Iran,” with S. Majin, Middle Eastern Studies, Vol. 12, No. 3, October 1976 and in the Middle Eastern Economy: Studies in Economics and Economic History, Eli Kedouri (ed.), (London: Frank Cass) 1976.
“A Model of Agricultural Supply Response with Different Land Qualities,” with J. Cummings, Indian Journal of Agricultural Economics, January-March 1976.
“A Study of Fertility in Southern Italy,” with Y. Bizien, Revista Internazionale Di Scienze Economiche e Commerciale, Vol. XXIII, No. 2, February 1976.
“Comment: The International Monetary Mechanism,” American Economic Review, Papers and Proceedings, May 1976.
“Estimating Agricultural Supply Response with the Nerlove Model: A Survey,” with John Cummings, The International Economic Review, Vol. 18, No. 2, June 1977.
“Petrodollars and the International Payments System,” Bancaria, Vol. XXXII, No. 9, September 1976.
“Changes in Specialization Patterns and the Gains from Customs Union,” Journal of Common Market Studies, Vol. XV, No. 2, December 1976.
“The Middle East and the United States—A Problem of Brain Drain,” with John Cummings, International Journal of Middle East Studies, Vol. 9, No. 1, 1977.
“The Future of Economic Integration within the Arab World,” with John Cummings, International Journal of Middle East Studies, Vol. 8, No. 3, 1977.
“Agricultural Reform in the Middle East,” with John Cummings and Bassam Harik, International Journal of Middle East Studies, Vol. 8, No. 4, 1977.
“The International Trade Implications of the Oil Cartel,” The Texas International Law Journal, Vol. 12, No. 1, 1977, and reprinted in Conference on Transnational Economics, Boycotts and Coercion, New York Oceana, 1978.
“Shortages and Economic Policy,” with S. Pease, C. Stone, and J. Wolgin, Socio-Economic Planning Sciences, Vol. II, 1977.
“Export Promotion: Its Rationale and Feasibility,” with V.Corbo, Pakistan Economic and Social Review, Vol. XII, No. 2, 1975. “A Government Tax Subsidy,” with Patricia Cain and Richard Shaw, The Accounting Review, Vol. LI, No. 2, April 1976.
“Iran’s Migration of Skilled Labor to the United States,” with J. Cummings and M. Izbudak, Iranian Studies, Vol. X, Nos. 1-2, winter-spring, 1977.
“A Note on Capital Movements and the Relations of the Spread in Spot and Forward Rates to Variations in the Short-Term Interest Differential,” with Franco Modigliani, Kyklos, Vol. XXX, No. 1, January 1977.
“Capital Mobility under Fixed and Floating Exchange Rates,” with G. Weil and A. Raymond, The Canadian Journal of Economics, Vol. X, No. 1, February 1977.
“The Leontief Paradox with Non-Identical Production Functions,” with V. Corbo, Economica Internazionale, Vol. XXX, No. 2-3, March-August 1977.
“Texas and the Middle East: A Case of Economic Interdependence,” with J. Creasey, Texas Business Review, September 1977, reprinted in The Energy Picture: Problems and Prospects, edited by E. Pluta, Bureau of Business Research, The University of Texas, 1980.
“Export Instability and Economic Performance,” with M. Glover, Revista Internazionale di Scienze Economic e Commerciale, April 1979.
“Export Instability: A Rejoinder,” with G. Weil, Banca Nazionale Del Lavoro Quarterly Review, June 1978.
“Economists as Ministers in the Middle East,” The Middle East Journal, August 1978.
“Food Shortages in the Middle East,” with John Cummings, Middle Eastern Studies, Vol. 14, No. 4, 1978.
“Land Reform in the Middle East, A Note on its Redistribution Effect,” with John Cummings, Iranian Studies, Vol. 10, No. 4, 1977.
“OPEC Aid,” with J. Cummings and M. Salehizadeh, supplement OPEC Weekly Bulletin, Vol. IX, No. 39, Vienna, September 25, 1978.
“How Rich is Oil Rich?” with J. Cummings and J. McMurray, Middle East International, No. 87, September 1978.
“OPEC Oil Pricing and its International Financial Implications,” with M. Salehizadeh, OPEC Weekly Bulletin, February 26, 1979.
“Agrarian Reform: A Model and the Middle Eastern Experience,” with J. T. Cummings and J.Toth, L’Egypte Contemporaire, No. 373, July 1978.
“Reflections on OPEC Oil Pricing Policies,” OPEC Review, March 1979.
“The Efficiency of Trading Patterns of LDCs: The Iranian Experience,” with J. Cummings and G. Richter, American Economic Review, Papers and Proceedings, May 1979.
“Measuring the Impact of Effective Protection,” with V. Corbo, Estudio de Economia, No. 16, Segundo Semestre 1980 – Primer Semestre 1981.
“Military Expansion and Manpower Shortages in the Middle East,” with J. Cummings and M. Skinner, Arab Studies Quarterly, winter 1980.
“Foreign Operations of Oil Companies,” with G. Kozmetsky, Discovery, June 1980.
“The Distributional Aspects of Special Drawing Rights: An LDC Compromise,” with A. Mustafa, Economia Internazionale, Vol. XXXIV, Numbers 2, 3, 4, 1981.
“Changing Pattern of Effective Protection and the Impact on LDCs,” with V. Corbo, Cuadernos de Economia. “OPEC’s Aid Performance: An Appraisal,” in SAIS Review, Number 2, 1982.
“The Gulf: Gold Rush or Economic Development? With J. Cummings and H. Reed, Journal of Arab Affairs, Vol. 1, No. 2, April 1982.
“Management of External Surplus in Gulf Countries,” with B. Dastmaltschi, Journal of American Arab Affairs, winter 1983/84.
“Making Peace With Iran,” Harvard Business Review, Vol. 72, No. 1, January-February 1994.
“Opportunities in Emerging Islamic Financial Markets,” with Zamir Iqbal, Banca Nazionale del Lavoro Quarterly Review, No. 194, September 1995 and “Opportunita nei Mercati Finanziari Islamici Emergenti,” Moneta e Credito, Vol. XLVIII, No. 191, September 1995.
“Opportunities for Western Institutions in Islamic Financial Markets,” with Zamir Iqbal, The Banker, Vol. 145, No. 835, September 1995.
“Business Expectations and Strategy for the United States of Europe,” with Franco Modigliani, Strategy and Business, April 1997.
“The Economic and Monetary Union (EMU) and the Euro: Promise and Reality,” with Scheharazade Rehman, Business and The Contemporary World, September 1997.
“Note on Macroeconomic Policy Credibility,” with M. Jaber, Economia Internazionale, Vol. LI, No. 2, May 1998.
“Twenty-Five Years of Floating: Some Observations,” with Franco Modigliani, in International Journal of Forecasting, Vol. 14, June 1998.
“Management of Newly Privatized Industries: Its Importance and How Little We Know,” with M. Ozkaya, World Development, Vol. 27, No. 6, June 1999.
“Twenty-five Years of Post-Bretton Woods Experience: Some Lessons,” Banca Nazionale Del Lavoro Quarterly Review, No. 208, March 1999, and Moneta e Credito, March 1999.
“Reforming the IMF: Some organizational and Operational Issues,” with Samir Chebil, Banca Nazionale Del Lavoro Quarterly Review, No. 211, December 1999.
“Oil Exporting Countries of the Persian Gulf: What Happened to All That Money?” with M. Jaber, Journal of Energy Finance and Development, Vol. 4, No. 2, January 2000.
“Water Management, Middle East Peace and A Role for The World Bank,” with Catherine Brown, Banca Nazionale Del Lavoro Quarterly Review, March 2001.
“Optimal Water Management and the Middle East,” with Franklin M. Fisher, Finance and Development, September 2001.
“U.S. Economic Sanctions: the Philosophy and the Case of Iran,” with J. Forrer, H. Teegen and J. Yang, Business Economics, Volume XXXVI, No. 2, July 2001.
“Economic Sanctions and U.S. International Business Interests,” with J. Forrer, H. Teegen and J. Yang, Banca Nazionale del Lavoro Quarterly Review, No. 220, March 2002.
“Software Exporting: A Developing Country Advantage,” with J. Chatterjee, Banca Nazionale Del Lavoro Quarterly Review, No. 224, March 2003, and Moneta e credito, March 2003.
“Caspian Oil Development: The Sooner the Better,” Business Economics, Vol. XXXVIII, No. 1, April 2003.
“Intra – Middle East Trade: Why is it so low?” with R. Atie and N. Khoury, Banca Nazionale Del Lavoro Quarterly Review, No. 226, September 2003 and Moneta e Credito, June 2003.
“U.S. Economic Sanctions: An Empirical Study,” with J. Yang, J. Forrer and H. Teegen, International Trade Journal, Vol.XII, No. IV, Winter, 2003.
“Global Financial Governance: Whose Ownership?” Business Economics, Volume XXXIX, No. 1, April 2004.
“U.S. Sanctions Against China: Who Gets Hurt?” with J. Yang, J. Forrer and H. Teegen, The World Economy, Volume 27, No. 7, July 2004.
“Iran’s Economic Policy Dilemma,” The International Journal, Volume LX, No. 3, summer 2004.
“Scimitars to Plowshares,” with R. Atie, The National Interest, No. 77, Fall 2004.
“Financial Market Convergence and the Euro,” with J. Chatterjee, The Journal Of Common Market Studies, Vol. 43, Issue 1, March 2005.
“Measuring the Vulnerability of Target Countries to US Economic Sanctions,” with J. Forrer, J. Yang and T. Hachem, Business Economics, Volume XXXX, No. 1, April 2005.
“The Principal Foundations of an Islamic Economy,” with R. Taghavi, Banca Nazionale Del Lavoro Quarterly Review, Vol. LVIII, No. 235, December 2005 and in Moneta e Credito, No. 232, Dicembre 2005 “Economic and Social Failure in the Middle East,” with R. Taghavi, Banca Nazionale Del Lavoro Quarterly Review, Vol. LIX, No. 236, March 2006.
“Iran’s Financial Stake in Caspian Oil,” with R.Taghavi, The British Journal Of Middle Eastern Studies, Vol. 33, No. 1, May 2006.
“An Economic Manifesto for the Oil Exporting Countries of the Persian Gulf,” with F. Abbas, G. Jabbour and D. Kwon, Banca Nazionale Del Lavoro Quarterly Review, Vol. LIX, No. 239, December 2006 and in Moneta e Credito, No. 235, Settembre 2006.
“Social Safety Net in Islam: the Case of the Persian Gulf Oil Exporters,” with Noora Arfaa, British Journal of Middle Eastern Studies, Vol. 34, No. 2, August 2007.
“Crude Oil Price Dynamics (2002-2006),” with Noureddine Krichene, Energy Economics, Volume 30, Issue 5, September 2008.
“How Do U.S. Economic Sanctions Affect EU’s Trade with Target Countries?” with J. Yang, J. Forrer and L. Zhu, The World Economy, Volume 32, Issue 8, August 2009.
“Fixing the Middle East’s Languishing Economies,“ Current History, December 2009.
“An Oil Demand and Supply Model Incorporating Monetary Policy,” with Noureddine Krichene, Energy, Volume 35, Issue 5, May 2010.
“How Islamic Are Islamic Countries?” with Scheherazade Rehman, Global Economy Journal, Forthcoming May 2010.
“The Impact of Monetary Policy on Oil Process Parameters and Market Expectations,” with Noureddine Krichene, Global Finance Journal, Volume 21, Issue 2, Forthcoming August 2010.
“Monetary Policy and World Commodity Markets: 2000-2007,” with Noureddine Krichene, PSL Quarterly Review, 2010.
“An Economic Islamicity Index” with Scheherazade Rehman, Global Economy Journal, Volume 10, Issue 3, September 2010.
“Corruption: A View from The Persian Gulf,” with N. Arfaa and S. Rehman, Global Economy Journal, forthcoming 2011.
“Do Better Political Relations with the US Improve A Country’s Economic Conditions?” with Amir Najafi and Anwar Aridi, PSL Quarterly Review, Volume 63, Number 255, December 2010.
“The Impact of Political Relations on Economic Relations Between Countries,” with Amir Najafi, PSL Quarterly Review, Volume 64, Number 257, June 2011.
“Corruption: A View from The Persian Gulf,” with N. Arfaa and S. Rehman, Global Economy Journal, Volume 11, Issue 2, 2011.
“Islamic Finance, Risk Sharing and International Financial Stability,” Yale Journal of International Affairs, Volume 7, Issue 1, Winter, March 2012.
“The Impact of Political Relations on Economic Relations Between Countries,” with Amir Najafi, PSL Quarterly Review, Volume 65, Number 262, September 2012.
“Conflicts, Oil Prices, and International Financial Stability,” Georgetown Journal of International Affairs, Volume 14, Issue 1, Winter/Spring 2014.
“Understanding Development in an Islamic Framework,” with Zamir Iqbal, Noureddine Krichene and Abbas Mirakhor, Islamic Economic Studies, 2014.
“Islamic Finance: An Alternative Financial System for Stability, Equity, and Growth,” with Noureddine Krichene, PSL Quarterly Review, Volume 67, Number 268, March 2014.
“On the Stability of an Islamic Financial System,” with Noureddine Krichene and Abbas Mirakhor, PSL Quarterly Review, Volume 67, Number 269, June 2014.
“A Gold Standard International Payments System Anchored in Islamic Finance,” with Noureddine Krichene ISRA International Journal of Islamic Finance, June 2014.
“Risk Sharing, Public Policy and the Contribution of Islamic Finance,” with Abbas Mirakhor, PSL Quarterly Review, Volume 67, Number 271, December 2014.
“Severe Financial Crises and Fundamental Reforms: the Benefits of Risk Sharing,” Journal of King Abdulaziz University: Islamic Economics, Volume 28, Number 1, January 2015.
“The Moral Foundation of Collective Action Against Economic Crimes, ” with Daud Vicary Abdullah and Abbas Mirakhor, PSL Quarterly Review, Volume 68, Number 272, March 2015.
“Risk Sharing in Corporate and Public Finance: The Contribution of Islamic Finance, ” with Obiyathulla Ismath Bacha and Abbas Mirakhor, PSL Quarterly Review, Volume 68, Number 274, September 2015
“Benchmarking Objectives of Shari’ah (Islamic Law): Index and its Performance in Select OIC Countries,” with Alaa Alaabad, Zamir Iqbal and Adam Ng, International Journal of Pluralism and Economics Education, January/February 2016.
“100% Reserve Banking and the Path to Single-Country Gold Standard,” with Noureddine Krichene, Quarterly Journal of Austrian Economics, Volume 19, Number 1, April 2016.
“Culture, Income, and CO2 Emission,” with Mustafa Disli and Adam Ng, Renewable & Sustainable Energy Reviews, Volume 62, September 2016.
“Radical Uncertainty, Non-predictability, Antifragility and Risk-Sharing Islamic Finance,” with Umar Rafi and Abbas Mirakhor, PSL Quarterly Review, Volume 69, Number 279, December 2016.
Chapters in Books
“Investment in the Tourist Industry in Four European Countries,” Revue de Tourisme, 1973, revised version in Management Science: Applications to Leisure Time, S.P. Ladany (ed.), North Holland Press, 1975.
“The National Energy Plan and the Leasing of Federal Energy Lands,” with T. Ruefli, in National Energy Policy: A Continuing Assessment, The University of Texas at Austin, January 1978.
“Islam and Modern Economic Change,” with J. Cummings and A. Mustafa, in Islam and Development: Religion and Socio-Political Change, Syracuse University Press, 1980.
“Middle East Economies: An Overview,” in Business and the Middle East: Threats and Prospects, Y. Alexander and R. Kilmore (ed.), Center for Strategic and International Studies, Pergamon Press, 1981.
“The Economic Implications of Land Ownership and Cultivation in Islam,” with Ahmad Mustafa, in Distributive Justice and Need Fulfillment in an Islamic Economy, Munawar Iqbal (ed.), The Islamic Foundation Press, Leicester UK, 1986.
“Saudi Arabia’s Oil Policy: its Motivations and its Impacts,” in After the Oil Price Collapse, W. Kohl (ed.), John Hopkins Press, 1991.
“Energy and Economic Development in Arab OPEC Countries,” in World Energy Production and Productivity, Ballinger Press, 1982.
“Evolution of a GCC Oil Policy,” with B. Dastmaltschi, in The Gulf Cooperation Council: Moderation and Stability in an Interdependent World, John A. Sandwick (ed.), Westview Press, 1987.
“Economic Achievements and Prospects for the Oil-Based Economies of Saudi Arabia and other GCC States,” Middle East Institute, Washington, DC, 1988.
“Saudi Arabia’s Economy,” Collier’s Encyclopedia, 1989.
“Exchange Rate and Economic Policy in Three Regional Blocks: The EU, the GCC and the CFA,” with Franco Modigliani, in Financial Crisis Management in Regional Blocs, S. Rehman (ed.), Kluwer, November 1997.
“Policies and Economic Potential in the countries of the Gulf Cooperation Council,” with Maha Bazzari and William Tyler, in Economic Challenges Facing Middle Eastern and North African Countries, Nemat Shafik (ed.), MacMillan Press, 1998.
“Currency Arrangements for Regional Blocs: The Case for Crawling Pegs,” The Quest for Exchange Rate Stability in the Next Millennium, S. Rehman (ed.), Vol. 13, JAI Press, 1999.
“The International Monetary System: A Partial Review of Major Issues,” with J. Yang in The Current State of Business Disciplines, S.B. Dahiya (ed.), Volume 3, Tinbergen Center, Spellbound Publications, 1999.
“Iran’s Caspian Dilemma,” with R. Taghavi, in The Boundaries of Modern Iran, P. Mojtahed-Zadeh (ed.), Rutledge Curzon Publishers, 2006.
“Oil Price Volatility: Causes and Modeling,” with Noureddine Krichene, in The 1979 Oil Shock- Lessons, Linkages, and Lasting Reverberations, John Calabrese (ed.), The Middle East Institute, Washington DC, August 2009.
“Oil Depletion, Economic Development, and Economic Justice: The Role of a New Generation of Sovereign Wealth Funds,” with Noureddine Krichene, in The 1979 Oil Shock- Lessons, Linkages, and Lasting Reverberations, John Calabrese (ed.), The Middle East Institute, Washington DC, August 2009.
“Oil Rents, Political and Military Policies, and the Fallout,” in Handbook of Oil Politics, Robert Looney (ed.), London: Routledge, December 2011.
“The Foundation of the Islamic Financial System,” with Zamir Iqbal and Noureddine Krichene, in Finance Islamique: regard(s) sur une finance alternative (Islamic Finance: overview of alternative finance), Mazars Group (ed.), Algiers: The Algeria School of Business (École Supérieure Algérienne des Affaires), July 2011.
“A GCC Monetary Union: benefits and role of central banks,” in Investing in the Middle East and North Africa Region, Sohail Jaffer (ed.), London: Euromoney Books, February 2012.
“The Economic Development of OIC Countries: A Survey,” with Scherazade Rehman, in Islamic Finance and Economic Development, Zamir Iqbal, Abbas Mirakhor and Tunc Uyanik (eds.), World Bank, April 2014.
“Economic Development in Islam,” in Islamic Finance and Economic Development, Zamir Iqbal, Abbas Mirakhor and Tunc Uyanik (eds.), World Bank, April 2014.
“The Stability of Islamic Finance and Financial Risk Management,” in State of Islamic Finance: A Retrospective Assessment and Looking Forward, Zamir Iqbal and Zurina Shafii (eds.), Malaysia: Penerbit Publications, May 2013.
“The Economic Development of OIC Countries: A Survey,” with Scheherazade Rehman, in Islamic Finance and Economic Development, Zamir Iqbal and Abbas Mirakhor (eds.), World Bank, July 2013.
“Economic Development in Islam,” in Islamic Finance and Economic Development, Zamir Iqbal and Abbas Mirakhor (eds.), World Bank, July 2013.
“Distributive Justice: An Islamic Perspective,” in Islamic Finance, Zamir Iqbal (ed.), World Bank, 2016.
Papers and Proceedings
“Capital Needs for Economic Growth in the Southwest: The Coming Decade,” with George Kozmetsky, Proceedings of the Southwest American Assembly, March 1977.
“Evaluation of the Conversion of U.S. Industry and the National Energy Plan,” with G. Kozmetsky, Institute of Constructive Capitalism, April 1978, and in The Congressional Record, Vol. 124, May 11, 1978.
“The Economics of Energy, Trade and Interdependence,” with G. Kozmetsky, Policy Series, IC2, University of Texas, Austin, Texas, 1978.
“Foreign Operations of Oil Companies,” with G. Kozmetsky and T. Reichert, Policy Series No. 8, IC2, The University of Texas, May 1979.
“Economic Implications of Land Ownership and Land Cultivation in Islam,” with A. Mustafa in Proceedings of the Second International Conference on Islamic Economics, Islamabad, Pakistan, 1983.
“The International Debt Crisis: Its Origins, Dimensions and Implications,” with B. Dastmaltschi, Proceedings of the International Conference on Capital Market Development, Kuwait, May 1984.
“Third World Debt: The Contribution of Financial Innovations,” OECD Paper, February 1989.
“Conditional Servicing of Sovereign Debt,” World Bank Working Paper, July 1989.
“Inequalities of Wealth and the Likelihood for Future Conflicts in the Middle East,” Proceedings, South West Asia in Transition, United States Central Command, April 1992
“Geopolitics of Iran: Legitimate Player or Regional Threat” proceedings, Challenges to Security in Southwest Asia, United States Central Command, May 1993.
“Liquidity Enhancement in Islamic Banking through Securitization,” with Zamir Iqbal, Proceedings of Conference on Islamic Funds, London, October 1996.
“Fueling the Superpowers: The Nexus of Foreign Policy and Energy Security,” The New England Journal of Public Policy, April 2007.
“Islamic Social Safety Net and Middle East and North African (MENA) Countries,” with Noora Arfaa, in Papers and Proceedings of the First International Conference on Inclusive Islamic Financial Sector Development: Enhancing Islamic Financial Services for Micro and Medium Sized Enterprises, Brunei D, April 17-19, 2007.
Online Articles
“The Iranian Paradox: Economic Failure, Regional Resurgence and Opportunity for Dialogue,” Foreign Policy Forum, January 21, 2007.
“Iran and the United States; How Likely Is Reconciliation?” Foreign Policy Forum, March 15, 2007.
“Iran’s Economic Woes: Self-Inflicted, Not Sanction Driven,” Foreign Policy Forum, April 4, 2007.
“The Persian Gulf Catastrophe: No Exit?” Foreign Policy Forum, April 18, 2007.
“Are the Stars aligned for Change In Tehran?” Harvard International Review, March 2009.
“For Better International Relations, Don’t Bash Islam” Harvard International Review, December 2010.
Editorials and Magazine Articles
On oil and foreign policy in New York Times, The Washington Post, International Herald Tribune, Chicago Tribune, Philadelphia Inquirer, Seattle Times, Newsday, Denver Post, San Francisco Chronicle, U.S. News and World Report, and published and reproduced on a number of websites, including: “Realistic Aim for U.S.: Halt Shipping War,” with Charles H. Wilbanks, Los Angeles Times, June 18, 1987.
“U.S. Should Try to Halt Gulf Shipping War,” with Charles H. Wilbanks, Los Angeles Times, June 23, 1987.
“U.S. Needs to Steady its Hand in Persian Gulf,” with Charles H. Wilbanks, Newsday, July 13, 1987.
“Force Will Get U.S. Nowhere on Iran,” with Charles H. Wilbanks, The Washington Post, August 16, 1987.
“It’s Naive to Even Consider Negotiating With Khomeini,” with Charles H. Wilbanks, International Herald Tribune, August 21, 1987.
“The Oil-Pipeline Insurance Policy,” with Charles H. Wilbanks, Chicago Tribune, August 21, 1987.
“Against Iran, Patience Is the Only Weapon,” with Charles H. Wilbanks International Herald Tribune, August 22-23, 1987.
“Why the U.S. Needs to Exercise Restraint,” with Charles H. Wilbanks, San Francisco Chronicle, August 26, 1987.
“Pipelines can Ease Oil Crisis,” with Charles H. Wilbanks, The Denver Post, August 27, 1987.
“Persian Gulf Prize is Oil — and its Control,” with Charles H. Wilbanks, The Philadelphia Inquirer, September 2, 1987.
“Saudis and Soviets: Oil’s Odd Couple,” New York Times, Sunday Business Section, March 18, 1990.
“Stop Hussein, With Force if Necessary,” New York Times, Sunday Business Section, August 5, 1990.
“An Oil Policy that can Keep the Peace,” New York Times, Sunday Business Section, March 10, 1991.
“Restoring the Gulf’s Health,” U.S. News and World Report, March 18, 1991.
“The Next Persian Gulf Explosion,” New York Times, Sunday Business Section, November 3, 1991.
“The Economic Black Hole That is Iraq,” In The National Interest, Volume 2, Issue 39, October 8, 2003.
“Time for a New Bush Approach,” In The National Interest, Volume 2, Issue 44, November 12, 2003.
“Bridging the Gap,” with Z. Iqbal, Islamic Finance Weekly (Euromoney), September 23, 2003.
“Iraqi Trial Won’t Address All The Crimes,” In The National Interest, Volume 2, Issue 50, December 24, 2003.
“Oil, Not Islam, Is At Fault in the Middle East,” In The National Interest, Volume 3, Issue 1, January 7, 2004.
“Coming to Terms with the Muslim World,” In The National Interest, Volume 3, Issue 12, March 24, 2004.
“The U.S., the Muslim World and Iran,” In The National Interest, Volume 3, Issue 13, March 31, 2004.
“Removing Rumsfeld,” In The National Interest, Volume 3, Issue 17, April 28, 2004.
“A Wild Imagination?” In The National Interest, Volume 3, Issue 20, May 19, 2004.
“Saddam’s Other Crime,” In The National Interest, Volume 3, Issue 29, July 21, 2004.
“Iran’s Nuclear Ambitions: A Different Approach,” In The National Interest, Volume 3, October 14, 2004.
“Two Ships Passing in the Night: The Story of US-Iranian Relations,” In The National Interest, January 6, 2005.
“US Middle East Policy: A New Start?” In The National Interest, May 15, 2005.
“Bush Must Develop Realistic Plan for Middle East,” In The National Interest, December 6, 2005.
“The Ineptitude on Iran, by Numbers,” The National Interest Online, September 15, 2006.
“Opinionated and Dangerous,” The National Interest Online, September 26, 2006.
“The Council and a Two-Headed Monster,” The National Interest Online, October 17, 2006.
“Contrition Strategy,” The National Interest Online, October 26, 2006.
“Decommission Recommendations on Iran,” The National Interest Online, December 7, 2006.
“America’s Iranian Deliverance?” The National Interest Online, December 14, 2006.
“In Iraq, Still Pursuing the Prize,” The National Interest Online, December 19, 2006.
“Iran’s Tectonic Elections,” The National Interest Online, December 21, 2006.
“Boomeranging Sanctions on Iran,” The National Interest Online, December 27, 2006.
“America, Supplicant to Iran?” The National Interest Online, January 15, 2007.
“Courting the Saudis–and Catastrophe,” The National Interest Online, January 31, 2007.
“U.S. Policy Towards Iran Held Hostage,” Etemad-e-Melli, (in Farsi), February 7, 2007.
“The Next Iranian Elections,” The National Interest Online, March 21, 2007.
“The Preoccupations of Average Iranians,” Foreign Policy Forum, March 22, 2007.
“Nuclear Standoff With Iran: The Only Way out,” Antiwar.com, April 6, 2007.
“Oil Exporting Countries and US Beware: Writing is on the Wall,” Truthout, May 3, 2007.
“The Greatest Theft of All,” Foreign Policy Forum, July 19, 2007.
“Oil Costs More Than You Think,” Antiwar.com, November 28, 2007.
“Ten Questions for the Next US President on Persian Gulf Security,” with Shahrzad Daneshvar, Foreign Policy Forum, February 4, 2008.
“U.S. Policy Towards the Persian Gulf,” Etemad-e-Melli, (in Farsi), New Year Edition, March 21, 2008.
“The Fed and the Stagflation Specter,” with Noureddine Krichene, Asia Times Online, April 3, 2008.
“Fed fails to learn inflation lesson,” with Noureddine Krichene, Asia Times Online, April 18, 2008.
“Greenspan’s legacy vs Volcker’s demarche,” with Noureddine Krichene, Asia Times Online, April 24, 2008.
“The Fed’s Deformed Maturity,” with Noureddine Krichene, Asia Times Online, May 8, 2008.
“Fed’s pause promises financial disaster,” with Noureddine Krichene, Asia Times Online, May 19, 2008.
“Sovereign Wealth Funds: The Forgotten Issues, Part 1,” with Noureddine Krichene, Asia Times Online, May 21/22, 2008.
“Sovereign Wealth Funds: Prosperity and harmony- or just greed, Part 2,” Asia Times Online, May 22/23, 2008.
“US-Made oil disaster has mileage,” with Noureddine Krichene, Asia Times Online, May 28/29, 2008.
“Stop the Fed before it’s too late,” with Noureddine Krichene, Asia Times Online, May 30/31, 2008.
“The Fed’s unholy legacy,” with Noureddine Krichene, Asia Times Online, June 3/4, 2008.
“Time overdue for a world currency,” with Noureddine Krichene, Asia Times Online, June 5/6, 2008.
“Food summit overlooks price-surge ingredient,” with Noureddine Krichene, Asia Times Online, June 10/11, 2008.
“US regulator needs regulation,” with Noureddine Krichene, Asia Times Online, June 24/25, 2008.
“Imperial Oil: US Is in the Persian Gulf to Stay, No Matter Who Is Elected,” Foreign Policy Forum, July 2, 2008.
“The G-8 ignores basics,” with Noureddine Krichene, Asia Times Online, July 14/15, 2008.
“Iran-US: A study in misperceptions,” Asia Times Online, July 15, 2008.
“Duplicity without borders,” Asia Times Online, July 22/23, 2008.
“Bernanke blighted by tunnel vision,” with Noureddine Krichene, Asia Times Online, July 24/25, 2008.
“Fleeced in the Persian Gulf,” Asia Times Online, August 11/12, 2008.
“Hostage Europe to Iran energy,” Asia Times Online, August 20/21, 2008.
“Iran’s economic self-mutilation,” Asia Times Online, August 25/26, 2008.
“Central banks need a Basel III,” with Noureddine Krichene, Asia Times Online, August 28/29, 2008.
“Mr. 44th President: Engage Iran But Do Your Homework,” Foreign Policy Forum, September 11, 2008.
“Dust off the Chicago Plan,” with Noureddine Krichene, Asia Times Online, September 16/17, 2008.
“Paulson plan throws oil on fire,” with Noureddine Krichene, Asia Times Online, September 23/24, 2008.
“Danger-Ben and Henry at work,” with Noureddine Krichene, Asia Times Online, September 30/October 1, 2008.
“The mother of all golden parachutes,” with Noureddine Krichene, Asia Times Online, October 3/4, 2008.
“Political courage the missing link,” with Noureddine Krichene, Asia Times Online, October 7/8, 2008.
“Monetary Stalinism in Washington,” with Noureddine Krichene, Asia Times Online, October 10/11, 2008.
“Ayatollah’s sum not of this planet,” Asia Times Online, October 14/15, 2008.
“Forget the silver bullet,” with Noureddine Krichene, Asia Times Online, October 15/16, 2008.
“US blowback in Iran’s elections,” Asia Times Online, October 16/17, 2008.
“Monetary despotism,” with Noureddine Krichene, Asia Times Online, October 20/21, 2008.
“Clear-out time for IMF, World Bank,” Asia Times Online, October 27/28, 2008.
“Crisis summit a chance for genuine reform,” with Noureddine Krichene, Asia Times Online, November 3/4, 2008.
“Iran is also ripe for change,” Asia Times Online, November 5/6, 2008.
“Bernanke’s unenviable legacy,” with Noureddine Krichene, Asia Times Online, November 6/7, 2008.
“Bankers’ greed and supervisors’ folly,” with Noureddine Krichene, Asia Times Online, November 18/19, 2008.
“Economic noose tightens around Iran,” Asia Times Online, November 19/20, 2008.
“The mullahs should embrace Israel,” International Herald Tribune, November 22, 2008.
“Obama’s choice: straight talk or more chaos,” with Noureddine Krichene, Asia Times Online, December 4/5, 2008.
“Regime Change for Tehran?” National Interest Online, December 8, 2008.
“Obama’s Options On Iran,” Los Angeles Times, December 13, 2008.
“No end to financial disorder,” with Noureddine Krichene, Asia Times Online, December 18/19, 2008.
“Unpleasant arithmetic,” with Noureddine Krichene, Asia Times Online, January 6/7, 2009.
“Towards an inflationary twilight zone,” with Noureddine Krichene, Asia Times Online, January 7/8, 2009.
“Obama’s stimulus plan – for China,” with Noureddine Krichene, Asia Times Online, January 15/16, 2009.
“The fleecing of America,” with Noureddine Krichene, Asia Times Online, January 21/22, 2009.
“Who served the cheap booze?” with Noureddine Krichene, Asia Times Online, January 28/29, 2009.
“Wanted-a world central bank,” Asia Times Online, February 5/6, 2009.
“Bad bank-insanity bank,” with Noureddine Krichene, Asia Times Online, February 10/11, 2009.
“G-7 points to more instability,” with Noureddine Krichene, Asia Times Online, February 19/20, 2009.
“U.S. Middle East Fixation: Oil Security and Political Stability,” Foreign Policy Forum, February 19, 2009.
“Mugging the Mullahs,” National Interest Online, February 20, 2009.
“Gold lights up Obama errors,” with Noureddine Krichene, Asia Times Online, February 24/25, 2009.
“Time for prayer,” with Noureddine Krichene, Asia Times Online, March 5/6, 2009.
“Geithner’s folly,” with Noureddine Krichene, Asia Times Online, March 9/10, 2009.
“G-20 fritters as crisis deepens,” with Noureddine Krichene, Asia Times Online, March 18/19, 2009.
“Are the Stars aligned for Change In Tehran?” Harvard International Review, March 2009.
“Time to stop the rip-off,” with Noureddine Krichene, Asia Times Online, March 26/27, 2009.
“G-20 maps road for chaos,” with Noureddine Krichene, Asia Times Online, March 30/31, 2009.
“G-20 makes it worse,” with Noureddine Krichene, Asia Times Online, April 7/8, 2009.
“IMF lost on the high seas,” Asia Times Online, April 27/28, 2009.
“The mirage of economic recovery,” with Noureddine Krichene, Asia Times Online, May 4/5, 2009.
“Inflationary musketeers,” with Noureddine Krichene, Asia Times Online, May 12/13, 2009.
“Pyramid Schemes,” with Noureddine Krichene, The National Interest Online, May 18, 2009.
“Monetary folly oils oil gains,” with Noureddine Krichene, Asia Times Online, May 27/28, 2009.
“Bankers perpetual crisis,” with Noureddine Krichene, Asia Times Online, June 4/5, 2009.
“Obama’s Mullah Moment,” Truthout, June 15, 2009.
“Shunning the Mullahs,” The National Interest Online, June 18, 2009.
“Welcome to the G-8 world of illusion,” with Noureddine Krichene, Asia Times Online, June 18/19, 2009.
“The Un-Islamic Republic,” The National Interest Online, June 22, 2009.
“Bernanke still a speed demon,” with Noureddine Krichene, Asia Times Online, June 30/July 1, 2009.
“Destabilizing US must change course,” with Noureddine Krichene, Asia Times Online, July 2/3, 2009.
“Speechless in Tehran,” The National Interest Online, July 3, 2009.
“Iran Update: Khameini on the Way Out?,” The National Interest Online, July 6, 2009.
“No end in sight to US jobless rise,” with Noureddine Krichene, Asia Times Online, July 9/10, 2009.
“Cooperation with the Tehran Regime Is a Sin,” Foreign Policy Forum, July 19, 2009.
“Iran Sanctions Light Up,” Foreign Policy Forum, July 22, 2009.
“It’s time to revamp the Federal Reserve,” with Noureddine Krichene, Asia Times Online, July 24/26, 2009.
“No escape for Fed,” with Noureddine Krichene, Asia Times Online, July 29/30, 2009.
“Mullahs & Generals,” The National Interest Online, July 31, 2009.
“China’s sleepless nights,” Asia Times Online, August 5/6, 2009.
“More Bloodshed for Iran,” The National Interest Online, August 5, 2009.
“The U.S. Must Not Repeat 1953,” Foreign Policy Forum, August 5, 2009.
“It’s Time To Be More Confrontational Toward the Mullahs,” Foreign Policy Forum, August 10, 2009.
“The bill will fall due for crisis failures,” with Noureddine Krichene, Asia Times Online, August 12/13, 2009.
“Throwing Ahmadinejad a Lifeline,” with Trita Parsi, New York Times, August 14, and International Herald Tribune, August 15/16, 2009.
“A Failed Revolution,” The National Interest Online, August 17, 2009.
“Iran 101,” The National Interest Online, August 21, 2009.
“IMF adopts irrigation plan during a flood,” Asia Times Online, August 24/25, 2009. “Central bankers stuck in a hole,” with Noureddine Krichene, Asia Times Online, August 31/September 1, 2009.
“A deluded G-20,” with Noureddine Krichene, Asia Times Online, September 16/17, 2009.
“Scourge of commodity inflation returns,” with Noureddine Krichene, Asia Times Online, September 17/18, 2009.
“A smarter way to sanction Iran,” The Christian Science Monitor, September 22, 2009.
“Don’t Speak,” The National Interest Online, September 25, 2009.
“The Resolute Ahmadinejad Knows How To Survive,” National Public Radio, September 25, 2009.
“Bernanke works on as jobless tally mounts,” with Noureddine Krichene, Asia Times Online, October 7/8, 2009.
“Gasoline Embargo on Iran: Another Sanction Destined to Fail,” insideIRAN.org the Century Foundation, October 8, 2009.
“Changing Tehran: No Pain, No Gain,” Frontline: Tehran Bureau, PBS, October 13, 2009.
“Nero’s ghost in Istanbul,” Asia Times Online, October 22/23, 2009.
“U.S. Engagement with Iran Legitimizes Authoritarian State,” insideIRAN.org the Century Foundation, October 26, 2009.
“Iran On the Edge,” ForeignPolicy.com, November 3, 2009.
“Bernankeism – the art of spreading starvation,” with Noureddine Krichene, Asia Times Online, November 4/5, 2009.
“Iran’s Economic Vulnerability: Self-Inflicted, not Sanction-Driven,” insideIRAN.org the Century Foundation, November 10, 2009.
“Goldman Sachs and US demise,” with Noureddine Krichene, Asia Times Online, November 23/24, 2009.
“Duty calls for Congress,” with Noureddine Krichene, Asia Times Online, November 25/26, 2009.
“Wall Street’s great escapers,” with Noureddine Krichene, Asia Times Online, December 2/3, 2009.
“Bernanke’s golden heirloom,” with Noureddine Krichene, Asia Times Online, December 10/11, 2009.
“Who is paying for the beer?” with Noureddine Krichene, Asia Times Online, December 16/17, 2009.
“Obama’s green shoots all too frail,” with Noureddine Krichene, Asia Times Online, December 23/January 3, 2009.
“Ben’s impotent interest rates,” with Noureddine Krichene, Asia Times Online, January 13/14, 2010.
“Iran: Sanction or Not?” insideIran.org The Century Foundation, January 12, 2010.
“Zero interest rates, economic gloom,” with Noureddine Krichene, Asia Times Online, January 21/22, 2010.
“Obama’s unending jobs nightmare,” with Noureddine Krichene, Asia Times Online, January 27/28, 2010.
“Obama prolongs the pain—again,” with Noureddine Krichene, Asia Times Online, February 8/9, 2010.
“Greece—the mutating financial crisis,” with Noureddine Krichene, Asia Times Online, February 17/18, 2010.
“Tehran Thumbs its Nose at Gasoline Sanctions,” insideIRAN.org the Century Foundation, March 1, 2010.
“A Volcker rule for the Fed,” with Noureddine Krichene, Asia Times Online, March 3/4, 2010.
“No exit,” with Noureddine Krichene, Asia Times Online, March 10/11, 2010.
“Betting the farm on oil,” with Noureddine Krichene, Asia Times Online, March 17/18, 2010.
“Iran—Oil and the Mirage of Development,” insideIRAN.org the Century Foundation, March 30, 2010.
“Sanction Iran,” The National Interest Online, April 2, 2010.
“Fed policy and the damage done,” with Noureddine Krichene, Asia Times Online, April 7/8, 2010.
“Will the real Adam Smith stand up,” with Noureddine Krichene, Asia Times Online, April 27/28, 2010.
“Public debt and the EU patch,” with Noureddine Krichene, Asia Times Online, May 12/13, 2010.
“The tarping of Euroland,” with Noureddine Krichene, Asia Times Online, May 13/14, 2010.
“Central banks—crisis creators,” with Noureddine Krichene, Asia Times Online, May 26/27, 2010.
“Bank reform bill-much ado about little,” with Noureddine Krichene, Asia Times Online, June 2/3, 2010.
“No golden time, but a time for gold,” with Noureddine Krichene, Asia Times Online, June 10/11, 2010.
“UN Sanctions Won’t Work,” The National Interest Online, June 10, 2010.
“G-20 does u-turn on profligacy,” with Noureddine Krichene, Asia Times Online, June 16/17, 2010.
“G-20 split and out of order,” with Noureddine Krichene, Asia Times Online, June 21/22, 2010.
“G-20 splits asunder,” with Noureddine Krichene, Asia Times Online, June 29/30, 2010.
“BP versus GS—spot the difference,” with Noureddine Krichene, Asia Times Online, July 1/2, 2010.
“Goldman’s penny punishment,” with Noureddine Krichene, Asia Times Online, July 27/28, 2010.
“The Volker-Bernanke puzzle,” with Noureddine Krichene, Asia Times Online, July 29/30, 2010.
“Bernanke—more of the same,” with Noureddine Krichene, Asia Times Online, August 4/5, 2010.
“Trichet repents,” with Noureddine Krichene, Asia Times Online, August 5/6, 2010.
“A Weakened but Resourceful Iran,” Interview transcribed and placed on the Website of the Council on Foreign Relations (CFR), August 9, 2010.
“The US tax debate,” with Noureddine Krichene, Asia Times Online, August 10/11, 2010.
“Debtor’s prison or credit control,” with Noureddine Krichene, Asia Times Online, August 24/25, 2010.
“A fool’s paradise,” with Noureddine Krichene, Asia Times Online, August 25/26, 2010.
“How deep in Jackson Hole?” with Noureddine Krichene, Asia Times Online, August 31/September 1, 2010.
“The Iranian Economy, Part 1: Iran’s slide to the bottom,” Asia Times Online, September 14/15, 2010.
“The Iranian Economy, Part 2: Ahmadinejad shuns a brighter future,” Asia Times Online, September 15/16, 2010.
“Who’s the currency manipulator?” with Noureddine Krichene, Asia Times Online, September 28/29, 2010.
“Iran Versus Sanctions, Part I: A history of failure,” Asia Times Online, October 4/5, 2010.
“Iran Versus Sanctions, Part II: US shuns the obvious,” Asia Times Online, October 5/6, 2010.
“Iran Versus Sanctions, Part III: Time for US to get real,” Asia Times Online, October 6/7, 2010.
“Bernanke sets the world on fire,” with Noureddine Krichene, Asia Times Online, October 12/13, 2010.
“Nobody at the helm,” with Noureddine Krichene, Asia Times Online, October 20/21, 2010.
“Geithner’s hidden G-20 agenda,” with Noureddine Krichene, Asia Times Online, October 26/27, 2010.
“Iran Sanctions: Be Careful What You Wish For,” The National Interest Online, November 1, 2010.
“Malaysia—gateway to Islamic finance,” with Noureddine Krichene, Asia Times Online, November 3/4, 2010.
“Beware of Talking to Mullahs,” The National Interest Online, November 8, 2010.
“Fed’s jobs goal means misery,” with Noureddine Krichene, Asia Times Online, November 18/19, 2010.
“Wasting Lady Ashton’s Time,” The National Interest Online, December 3, 2010.
“The era of Bernankeism,” with Noureddine Krichene, Asia Times Online, December 20/21, 2010.
“The crisis that knows no end,” with Noureddine Krichene, Asia Times Online, December 22-January 2, 2010.
“Paul versus Bernanke,” with Noureddine Krichene, Asia Times Online, January 3/4, 2011.
“Slippery slope to job creation,” with Noureddine Krichene, Asia Times Online, January 11/12, 2011.
“No hunger at the Fed,” with Noureddine Krichene, Asia Times Online, January 14/15, 2011.
“Hu’s dollar frustration,” with Noureddine Krichene, Asia Times Online, January 20/21, 2011.
“Connecting the Iranian Dots: Sanctions, Subsidies and Economic Outlook,” insideIRAN.org the Century Foundation, January 24, 2011.
“What’s fueling oil and food prices?” with Noureddine Krichene, Asia Times Online, January 25/26, 2011.
“Remember the Shah,” The National Interest Online, February 2, 2011.
“Obama comes first,” with Noureddine Krichene, Asia Times Online, February 3/4, 2011.
“Let them eat cake,” with Noureddine Krichene, Asia Times Online, February 9/10, 2011.
“Iran is Different,” The National Interest Online, February 18, 2011.
“Time for Muslims to Reclaim Islam,” The National Interest Online, February 24, 2011.
“US will take easy option,” with Noureddine Krichene, Asia Times Online, February 24/25, 2011.
“The Saudi Handout That Wasn’t,” The National Interest Online, March 4, 2011.
“Tiger opportunity for the Middle East,” Asia Times Online, March 4/5, 2011.
“Washington Loses Control,” The National Interest Online, March 9, 2011.
“A Marriage Made in Hell,” The National Interest Online, March 18, 2011.
“The Coming Shia War,” The National Interest Online, March 23, 2011.
“The Myth of Sunni Power,” The National Interest Online, March 28, 2011.
“The Resilience and Stability of Islamic Finance,” with Zamir Iqbal, Noureddine Krichene and Abbas Mirakhor, European Financial Review, April 2011.
“U.S. Props Up Oil-Rich Gulf Leaders,” The National Interest Online, April 14, 2011.
“Kuwait Faces Invasion,” The National Interest Online, April 20, 2011.
“Bearbaiting Iran,” The National Interest Online, April 26, 2011.
“The Islamic Financial System Alternative,” with Zamir Iqbal, Noureddine Krichene and Abbas Mirakhor, World Financial Review, May 2011.
“Pandering to the Al-Sauds,” The National Interest Online, May 2, 2011.
“U.S. Duplicity Enrages Mideast,” The National Interest Online, May 10, 2011.
“Arab Revolts Will Be Washington’s Downfall,” The National Interest Online, May 17, 2011.
“Growth vital for the Arab Spring,” Asia Times Online, June 1/2, 2011, and reprinted on U.S.- Islamic World Forum, The Brookings Institution, June 2, 2011.
“Saudi Arabia Sells Out Washington,” The National Interest Online, June 2, 2011.
“Radicalizing Islam,” The National Interest Online, June 8, 2011.
“Slaying the Syria-Iran-Hezbollah Hydra,” The National Interest Online, July 26, 2011.
“Debt lesson unlearnt,” Asia Times Online, August 24/25, 2011.
“Arab Spring’s cruel truth,” Asia Times Online, August 26/27, 2011.
“The Dictator’s New Clothes: Rooting Out Corruption in the Mideast,” The National Interest Online, September 8, 2011.
“Iranian Americans Hit, and missed by Sanctions,” with Ali Ezzatyar, The National Interest Online, October 15, 2011.
“Middle East wealth there for the sharing,” Asia Times Online, December 21, 2011, January 2, 2012.
“The riddle of the sands,” The Gulf’s Black Treasure, #1 of a 24-part weekly series, Asia Times Online, May 24, 2012.
“The sweet and sour of oil,” The Gulf’s Black Treasure, #2 of a 24-part weekly series, Asia Times Online, May 30, 2012.
“The driver of oil prices,” The Gulf’s Black Treasure, #3 of a 24-part weekly series, Asia Times Online, June 6, 2012.
“OPEC in the driving seat,” The Gulf’s Black Treasure, #4 of a 24-part weekly series, Asia Times Online, June 13, 2012.
“The OPEC bogeyman,” The Gulf’s Black Treasure, #5 of a 24-part weekly series, Asia Times Online, June 20, 2012.
“The sanctions highway,” The Gulf’s Black Treasure, #6 of a 24-part weekly series, Asia Times Online, June 27, 2012.
“Oil-price shocks lie in wait,” The Gulf’s Black Treasure, #7 of a 24-part weekly series, Asia Times Online, July 5, 2012.
“Whose oil is it anyway,” The Gulf’s Black Treasure, #8 of a 24-part weekly series, Asia Times Online, July 11, 2012.
“The dark side of oil,” The Gulf’s Black Treasure, #9 of a 24-part weekly series, Asia Times Online, July 18, 2012.
“Institutions matter,” The Gulf’s Black Treasure, #10 of a 24-part weekly series, Asia Times Online, July 25, 2012.
“Oil rulers blind to the future,” The Gulf’s Black Treasure, #11 of a 24-part weekly series, Asia Times Online, August 1, 2012.
“ ‘Arab Spring’ without a bloom,” The Gulf’s Black Treasure, #12 of a 24-part weekly series, Asia Times Online, August 8, 2012.
“Reform-or be kicked out,” The Gulf’s Black Treasure, #13 of a 24-part weekly series, Asia Times Online, August 15, 2012.
“Oil’s toxic partner: Guns,” The Gulf’s Black Treasure, a #14 of 24-part weekly series, Asia Times Online, August 22, 2012.
“Islamic tools to the rescue,” The Gulf’s Black Treasure, #15 of a 24-part weekly series, Asia Times Online, August 29, 2012.
“Gulf needs new policy package for turnaround,” The Gulf’s Black Treasure, #16 of a 24-part weekly series, Asia Times Online, September 5, 2012.
“The old colonialism,” The Gulf’s Black Treasure, #17 of a 24-part weekly series, Asia Times Online, September 12, 2012.
“The new colonialism,” The Gulf’s Black Treasure, #18 of a 24-part weekly series, Asia Times Online, September 19, 2012.
“No clash of civilizations,” The Gulf’s Black Treasure, #19 of a 24-part weekly series, Asia Times Online, September 26, 2012.
“Tyrants atop a sea of oil,” The Gulf’s Black Treasure, #20 of a 24-part weekly series, Asia Times Online, October 4, 2012.
“A Nuclear Persian Gulf,” The Gulf’s Black Treasure, #21 of a 24-part weekly series, Asia Times Online, October 10, 2012.
“Conflict without end,” The Gulf’s Black Treasure, #22 of a 24-part weekly series, Asia Times Online, October 17, 2012.
“Toward an oil-less world,” The Gulf’s Black Treasure, #23 of a 24-part weekly series, Asia Times Online, October 24, 2012.
“Oil rulers toy with Armageddon,” The Gulf’s Black Treasure, #24 of a 24-part weekly series, Asia Times Online, October 31, 2012.
“Iranian Americans Hit, and missed by Sanctions,” with Ali Ezzatyar, The National Interest Online, October 15, 2014.
“The Islamic litmus test,” Asia Times Online, November 1, 2014.
“Gulf’s collaborative colonialism is here to stay,” Asia Times Online, February 21, 2014.
“Morality should matter in US’ Gulf Policy,” Asia Times Online, February 28, 2014.
“Morality should matter in Foreign Policy,” Asia Times Online, March 5, 2014.
“Oppressive rulers fuel misconceptions of Islam,” Asia Times Online, March 7, 2014.
“The real enemies of Islam,” Asia Times Online, March 10, 2014.
“Russia sanctions: effective or feel good?” Asia Times Online, March 18, 2014.
“The finance millstone,” Asia Times Online, April 17, 2014.
“Lagarde’s chance to put IMF on the side of fairness,” Asia Times Online, May 8, 2014. “Dark outlook for post-sanctions Iran,” Asia Times Online, May 14, 2014.
“Muslims—Take Back Your Religion,” HUFFPOST, December 11, 2015.
“Slaying IS and its Unborn Offspring,” HUFFPOST, December 19, 2015
“Muslims—Jerusalem Matters,” HUFFPOST, December 25, 2015.
“Islamic Teachings for Flourishing Societies,” HUFFPOST, December 23, 2015.
“Islamicity Indices—The Best Instrument for Changing the Muslim World,” HUFFPOST, January 10, 2016.
“Eradicating Terrorism,” HUFFPOST, February 7, 2016.
“The Longer We Wait, the More Entrenched Terrorism Becomes,” HUFFPOST, March 29, 2016.
“Eradicating Terrorism: Reforms and More Reforms,” HUFFPOST, April 10, 2016.
“Muslim Reformation Will Vanquish Terrorism,” HUFFPOST, May 13, 2016.
“Last Tango in Riyadh,” HUFFPOST, September 4, 2016.
“Economic and Political Reform in Muslim Countries,” HUFFPOST, September 21, 2016.
“OPEC Myths, Market Misinformation and Oil Prices,” HUFFPOST, October 10, 2016.
“Aramco’s IPO: A Pandora’s Box for Saudi Arabia,” HUFFPOST, October 10, 2016.
“Last Tango in Riyadh Take Two: When Will the Music Stop?” HUFFPOST, October 18, 2016.
“US Middle east Policy: Realpolitik or Wrongpolitik?” HUFFPOST, November 1, 2016.
“Foreign Influence Peddling: Hidden in Plain Sight,” HUFFPOST, November 8, 2016.
“Is Capitalism Morphing into a Means of Servitude?” HUFFPOST, December 14, 2016.
“Uninformed Threats Against Iran Are Dangerous.” HUFFPOST, February 5, 2017.
“President Trump’s Pronouncements—A Wakeup Call for Muslims,” HUFFPOST, February 15, 2017.
“America’s Democracy Deficit: A Democratic Party Reset,” HUFFPOST, February 24, 2017.
“A Muslim Reformation,” HUFFPOST, February 27, 2017.
“Islamic or Un-Islamic: Three Litmus Tests,” HUFFPOST, March 2, 2017.
“President Trump: Fear The Symmetry,” HUFFPOST, March 6, 2017.
“Trump’s ‘Beautiful’ Deals With Arabs Will Boomerang,” HUFFPOST, March 13, 2017.
“King Salman: Relinquish Guardianship of Islam’s Holy Sites!” HUFFPOST, March 11, 2017.
“America Will Surely Reap What it Sows in the Middle East,” HUFFPOST, April 3, 2017.
“Assad’s Crimes And The Ghost Of Morality In Foreign Affairs,” HUFFPOST, April 6, 2017.
“America Is Following Russia’s Footsteps Into Oligarchy,” HUFFPOST, May 5, 2017.
“General McMaster: Choose Your Words More Carefully,” HUFFPOST, May 17, 2017.
“Trump’s Foreign Trip And Its Certain Aftermath—More Terrorism And Wars,” HUFFPOST, May 18, 2017.
“Trump’s Foreign Trip And Its Certain Aftermath—More Terrorism And Wars,” HUFFPOST, May 18, 2017.
“Donald of Arabia,” HUFFPOST, May 22, 2017.
“Trump And America’s Big Black Eye,” HUFFPOST, May 31, 2017.
“Donald Trump Must Have Missed Economics 101Along The Way,” HUFFPOST, May 31, 2017.
“Saudi Arabia Breaks Ties with Qatar: Another Fallout of Trump’s Visit,” HUFFPOST, June 6, 2017.
“Would Patriotic Republican Senators Please Stand Up,” HUFFPOST, June 7, 2017.
“Defeating Terrorism Requires Recognition Of Western Complicity And Responsibility,” HUFFPOST, June 11, 2017.
“MIT Should Do Better.” HUFFPOST, June 16, 2017.
“Saudi Arabia’s Quicksand,” HUFFPOST, June 21, 2017.
“Trump: A Collaborative Colonialist In Business,” HUFFPOST, June 22, 2017.
“Trump is Complicit In Saudi Arabia’s Extortion of Qatar,” HUFFPOST, June 23, 2017.
“Saudi Implosion: Succession, Hubris And An Obsession With Iran,” HUFFPOST, June 23, 2017.
“America’s Foreign Policy Deficit And Losing The Middle East,” HUFFPOST, June 25, 2017.
“Invitation to a Nuclear Armed Iran and Global Nuclear Proliferation,” HUFFPOST, August 13, 2017.
“The United States And Britain Must Claim Part-Ownership Of Yemeni Strife,” HUFFPOST, August 29, 2017.
“Trump’s Bullying And Its Consequences: A Wakeup Call For Iran, North Korea And Many Others,” HUFFPOST, September 6, 2017.
“Iran Nuclear Agreement Cannot Be Trump’s Moving Target,” HUFFPOST, September 21, 2017.
“Al-Sauds, Corruption and Islam—Strange Bedfellows,” HUFFPOST, November 5, 2017.
“America: Beware Of Kushner Of Arabia,” HUFFPOST, November 10, 2017.
“Congressional Lies Threaten America’s Democracy and Social Fabric,” HUFFPOST, November 12, 2017.
“ Islamic Development Bank (IDB)—Another Saudi Stooge,” HUFFPOST, November 13, 2017.
“Jerusalem: A Litmus Test For Muslims,” HUFFPOST, December 6, 2017.
“Democrats—It’s Time To Plan For 2018, 2020 And Beyond,” HUFFPOST, December 15, 2017.
“America’s Destructive Love Affair With Dictators.” HUFFPOST, December 19, 2017.
“Republicans, Where Is Your Moral Compass?” HUFFPOST, January 14, 2018.
“America Makes Its Own Enemies,” HUFFPOST, January 16, 2018.
“Fighting Terrorism or Fueling the Fire? Medium, February 11, 2019.
“Islam’s Strawman will Haunt the World, Part I: Introduction,” Medium, March 6, 2019.
“Islam’s Strawman will Haunt the World, Part II: Islamic Teachings overview,” Medium, March 9, 2019.
“Islam’s Strawman will Haunt the World, Part III: Islam, Justice, Shariah and Islamic Law ,” Medium, March 13, 2019.
“The Tragedy in New Zealand: A sad Insert into the Ten Part Series,” Medium, March 16, 2019.
“Islam’s Strawman will Haunt the World, Part IV: Islam, Sanctity of Life and Terrorism,” Medium, March 16, 2019.
“Islam’s Strawman will Haunt the World, Part V: Islam’s Humanitarian Perspective on Wealth, Poverty and Natural Resources,” Medium, March 19, 2019.
“Corrupt Ruling families of the Middle East,” Medium, March 20, 2019.
“America, Israel and Arab Rulers: Fools Rush in,” Medium, March 22, 2019.
“Islam’s Straw Man will haunt the World, Part VI: Islam, Governance and Rulers,” Medium, March 26, 2019.
“Islam’s Straw Man can only haunt the World, Part VII: Islam, Knowledge and Education,” Medium, March31, 2019.
“Islam’s Straw Man can only haunt the World, Part VIII: Islam and Freedom,” Medium, April 2, 2019.
“Islam’s Straw Man will Haunt the World, Part IX: Islam and the Economy,” Medium, April 5, 2019.
“Islam’s Straw Man will Haunt the World, Part X: Islam in Our world Today,” Medium, April 7, 2019.
“Open Challenge to Muslim Rulers: Kings, Presidents, Prime Ministers and Parliaments,” Medium, May 5, 2019.
“War with Iran and the Demise of America’s Arrogant Foreign Policy—Part 1: The Setting,” Medium, May 18, 2019.
“War with Iran and the Demise of America’s Arrogant Foreign Policy—Part 2: Why Now and How Likely,” Medium, May 18, 2019.
“Will America Survive the Mother of All Blowbacks?” Medium, June 29, 2019.
“Trump’s Embrace of MBS will haunt the United States,” Medium, July 2, 2019.
“Follow the Leader—the United Kingdom’s Ill-Advised Piracy on the High Seas,” Medium, July, 21, 2019.
“The Shameful Silence of Muslims,” Medium, August 19, 2019.
“Who’s the Terrorists Now—MBS or the Houthis?” Medium, September 15, 2019.
“Trump’s Coup and What Lies Ahead,” Medium, September 24, 2020.
“America’s Ancestral Crime Lives on,” Medium, September 26, 2020.
“America’s Myths Will Destroy It and the World,” Medium, January 9, 2021.
“A country’s Straight Jacket is its People,” Medium, February 15, 2021.
“Nuclear Hypocrisy and Its Chain Reaction,” Medium, February 16, 2021.
“A Tale of Two Countries or Why Iran Has Failed,” Medium, April 3, 2021.
“To Change, Iran Needs a New Constitution,” Medium, April 7, 2021.
“Shame is What Muslims, Arabs and America Share in Abundance,” Medium, May 12, 2021.
“It is Past Time for Muslims and Arabs to Stand up,” Medium, May 18, 2021.
“America’s Duplicitous Foreign Policy has Consequences,” Medium, August 6, 2021.
“America’s Foreign Policy ‘Brain Trust’ Fails Yet again,” Medium, August 15, 2021.
“Blinken Must Be Fired,” Medium, August 24, 2021.
“ Will America Regain its Aura?” Medium, August 25, 2021.
“Israel and the United States Forget the Power of Revenge at their Peril,” Medium, August 28, 2021.
“A Nuclear Free Middle east—A Child’s Prescription,” Medium, September 14, 2021.
“The War on Terror Was Lost Even Before It Began,” Medium September 16, 2021.
“Corrupt Rulers the World Over,” Medium, October 4, 2021.
“America’s Coming Civil War,” Medium, October 11
“America’s Foreign Policy Held Hostage by Israel and its Lobbyists with Ominous fallout,” Medium, October 15, 2021.
“Failed U.S. Sanctions have hurt Iranians, Americans and the World with Biden now Boxed in,” Medium, November 6, 2021.
“America’s Sanctions of Years Ago haunt Europe and the World Today,” Medium, November 11, 2021.
“Moderating Oil Prices: A Silver Bullet,” Medium, November 23, 2021.
“Iranian Ex-Pats are a Problem,” Medium, November 24, 2021.
“Muslim Shame,” Medium, November 30, 2021.
Book Reviews
The Future of World Oil, by Paul Leo Eckbo (Cambridge, Massachusetts: Ballinger Co., 1976, in Middle East Studies Association Bulletin, May 1977.
Benefits and Burdens: A Report on the West Bank and Gaza Strip Economies Since 1967, by Brian Van Arkadie (New York Carnegie Endowment for International Peace, 1977, in Journal of Development Studies, July 1978.
Trade and Investment in the Middle East, by Rodney Wilson (London: Macmillan Press, 1977), in Middle Eastern Studies, 1978.
The Population of Iran: A Selection of Readings edited by Jamshid Momeni (Iran: Pahlavi University, 1977), in the Middle East Journal, Vol. 32, No. 1, winter 1978.
Science, Technology and Development in the Muslim World, by Ziduddin Sardar (New Jersey: Humanities Press, 1977), in Middle East Journal, spring 1979.
Poverty and Revolution in Iran, by Farhad Kazemi (New York University Press), in American Historical Review, February 1982.
Energy Policy in Iran: Domestic Choices and International Implications, by B. Mossavar-Rahmani (Pergamon Press), in the Middle East Journal, 1983.
Marine Resources of Kuwait, by Fatimah H.Y.al-Abdul-Razzak (KPI), in the Middle East Journal, 1987.
The Arab Economies in a Changing World, by Marcus Noland and Howard Pack (Washington DC: Peterson Institute For International Economics, 2007), in Finance & Development, December 2008.