Ibn Khaldun and Islamic Economics

Posted: October 15, 2015 in Uncategorized

A remarkable personality from Muslim history left his mark on the theory of matters economic as well as philosophical and sociological.

Read a summary of his life and work in this wiki post, further research would be highly recommended;

https://en.wikipedia.org/wiki/Ibn_Khaldun

A notable quote from this great scholar is on the effects of taxation and the state. His work underpins much of the contemporary view about low taxes maximizing incentives and government revenues, as this article draws attention to;

http://www.telegraph.co.uk/finance/economics/11857191/Stamp-duty-is-far-too-high-and-needs-to-be-slashed.html

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