Early in the 18th century, before the birth of political economy as a discipline, two of the earliest novels in the English language were published: Robinson Crusoe (1719) by writer and economic entrepreneur Daniel Defoe, and Gulliver's Travels (1726) by the cleric and political adviser Jonathan...

In an attempt to investigate Muslim economic thinking in the 12th century Hijrah, corresponding 18th century C E, the present paper explores economic ideas of one of the greatest Muslim personalities of the period, Shehu Uthman Dan Fodio (1167-1233/1754-1817), who is commonly known as revivalist...

This paper seeks to report and analyse the economic thought of Ibn al-Qayyim, a great thinker of Islam. He discussed mainly the problems of price control, market mechanism, supervision of economic activities (al-hisbah), riches and poverty, interest and zakah, at different places in his numerous...

This scientific essay aims to examine the relationship between Western mainstream economics and its Islamic counterpart. It shows that the creation of Islamic economics is a new scientific program, and representatives of this discipline do not agree on its methodological foundations. Islamic...

Nicolas Dutot (1684-1741) is an important figure for the history of economic thought, as a pioneer in monetary theory and price statistics, and for economic history as a chronicler of John Law's System. Yet until recently very little about him was known, some of it incorrect. I present extensive...

Richard Cantillon and David Hume both propose the theory of monetary non-neutrality, whereby the money supply changes through the money balances of specific individuals. Such an uneven distribution of monetary change then spreads throughout the economy step by step and changes relative prices....

Al-Ghazali′s economics is anchored on five necessary Shari‘ah -mandated foundations of individual and social life: religion, life, family, property, and intellect. He focuses on the economic aspects of maslahah (social utility), distinguishing between necessities, comforts and luxuries....

This article consists of three parts. The first response to the idea of keeping TOCQUEVILLE own arguments in Old Regime and the Revolution, without reproducing copiously text line by line. This component is the main concerns and conflicting judgments about the revolution, the decisive role that...

Nothing is more common in moral debates than to invoke the names of great thinkers from the past. Business ethics is no exception. Yet insofar as business ethicists have tended to simply mine abstract formulas from the past, they have missed out on the potential intellectual gains in...

Montchrétien was definitely mercantilist. He praises the ancients, their honors and their self-discipline, but notes, like Serra, that there was no concept of Political Economy in Antiquity. The words, however, appear for the first time in the pseudoaristotelian Oeconomica II, where the...