Ghassan Karam

Ghassan Karam

Professor Economics
Prof. Ghassan Karam was born in Lebanon. He studied Economics at the American University of Beirut (AUB), and is a Graduate Faculty of the New School of Social Research. He teaches Economics and Environmental Studies at Pace University, NY.



Author's Articles

Logical internal consistency is a fundamental characteristic of a model that has withstood the rigours of investigation both empirical and otherwise. The advocates of an internally inconsistent model, especially one that suffers of an apparent logical fallacy are often chided for their position and for their inability to promote rational thinking. Such is the case […]

Utopias are perfect societal structures that are goals to be attained. They are dreams that will never be fulfilled whether they are based on Plato’s Republic or Thomas Mores’ ideal economy. These are dreams that provide us with targets to aim for but that we will not attain. If a utopia is to be achieved […]