Economic Review, Vol. 67 No. 5, 2016.
Other
IBN KHALDUN: ECONOMIC THOUGHTS IN THE MUQADDIMAH
Đuro Benić
Abstract
This paper investigates contributions to the economic thought of famous medieval Arabian philosopher Ibn Khaldun as given in his best-known piece of work The Muqaddimah. The analysed topics cover: labour and labour division and profits, production, ownership, social stratification, governance and rulers’ authority, the role of state and taxation, supply, demand, price and money, commerce and merchants and population. Even though Ibn Khaldun does not reveal systematic economic thought or developed general framework for economic analysis his important contribution to the history of economic thought presents indispensable source in the history of economic thought. Particular problems addressed within economics over past centuries as well as throughout 20th century were first noted and discussed by Ibn Khaldun.
Keywords
Ibn Khaldun; The Muqaddimah; economics; economic thought
Hrčak ID:
170985
URI
Publication date:
19.12.2016.
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