aminahz

I am not realized that there were lot of moslem scientist who found great theory before West did, until now. One of my favourite scientist is Ibnu Khaldun

Born in North Africa in present-day Tunisia, on May 27, 1332 AD/732 AH – March 19, 1406 AD/808 AH). He was a North African polymath— an astronomer, economist, historian, Islamic jurist, Islamic lawyer, Islamic scholar, Islamic theologian, hafiz (remember all contect of Al Qur’an), mathematician, military strategist, nutritionist, philosopher, social scientist and statesman.

He is considered a forerunner of several social scientific disciplines: demography,cultural history, historiography, the philosophy of history and sociology. He is also considered one of the forerunners of modern economics, alongside the earlier Indian scholar Chanakya. Ibnu Khaldun is considered by many to be the father of a number of these disciplines, and of social sciences in general,for anticipating many elements of these disciplines centuries before they were founded in the West.

Ibnu Khaldun discovered a great number of fundamental economic notions a few centuries before their official births. He discovered the virtue and the necessity of a division of labour before Smith and the principle of labour value before Ricardo. He elaborated a theory of population before Malthus and insisted on the role of the state in the economy before Keyneys. But much more than that, Ibnu Khaldun used these concepts to build a coherent dinamics system in which the economic mechanism inexorably led economic activity to long term fluctuatio.(Boulokia, 1971)

Ibnu Khaldun has a wide range of discussions on economics including the subject value, division of labour, the price system, the law of supply and demand, consumption and production, money, capital formation, population growth, macroeconomics of taxation and public expenditure, trade cycles, agricultural, industry and trade, property and prosperity,

He is best known for his Muqaddimah (known as Prolegomenon in English), the first volume of his book on universal history, Kitab al-Ibar. He devoted to economics the fifth chapter of his significant word al Muqaddimah that defines  the  science  of  sociology,  its  scope,  and  analytical  tools.  He  used  it  as  an introduction  to  explain  the  virtues  of  studying  the  cultural  and  political  history  of humanmankind  in  a  seven  most  valuable  volumes.  howeover,  throughout  his  records  of history, he was always keen to analyze the economic factors that affect the rise and fall of  nations.

He  was  a  jurist,  a  judge  and  a  great  historian,  and  he  accepted  premises derived  from  observation  as  well  as  from  Divine  revelation  in  the  methodology  he proposed for the science he invented. Ibn Khaldun’s ideas were not absorbed by his society, nor were they carried forward by its future generations. It is our responsibility to continue his journey, right?.

taken from : http://en.wikipedia.org/wiki/Ibn_Khaldun & Journal of Relevance Definition and Methodology of Islamic Economics by DR. Monzer Kahf