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In this study, the historical roots of individuality will be examined. According to the view of economic individuality, pursuit of self-interest is the fundamental motivation for all of human beings. When we look into the eighteenth century, the main argument was whether the rise of the...
Persistent link: https://www.econbiz.de/10010850419
Antonio Serra wrote in 1613 an outstanding analysis, on the economy of the Reign of Naples, which is still very little known out of Italy; where he is largely recognized as the founder of the "Southern question". This article proposes a larger view of Serra’s pioneering achievements, by...
Persistent link: https://www.econbiz.de/10010876312
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...
Persistent link: https://www.econbiz.de/10011258810
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....
Persistent link: https://www.econbiz.de/10011258857
This paper presents the origins of the Economics of innovation describing the economic thought of the economists in the Eighteenth and Nineteenth centuries. In this period and in particular during the Industrial Revolution the economists argue the main effects of inventions and machines for...
Persistent link: https://www.econbiz.de/10005087029
Nowadays the innovation is one of the most important determinant for increasing the wealth of the nations. The patterns of technological innovation are studied by Economics of innovation. The aim of this paper is to prove that the origins of the Economics of innovation go back to many years...
Persistent link: https://www.econbiz.de/10009386300
«Reflexiones sobre el estado actual del comercio de España» —Reflections on the current state of commerce in Spain— was anonymously published in 1761. At the time both the treatise and its author, the merchant Simón de Aragorri, were well known. Nevertheless, the work vanished for...
Persistent link: https://www.econbiz.de/10009395296
Two of the earliest novels in English, Robinson Crusoe (1719) by Daniel Defoe and Gulliver’s Travels (1726) by Jonathan Swift, are widely perceived as an entertaining adventure story and a pioneering work of science fiction. Viewed by modern economists, however, they appear as expressions of...
Persistent link: https://www.econbiz.de/10009357649
David Hume (1711-1776) is arguably the most esteemed philosopher to have written in the English language. During his lifetime, however, Hume was as well if not better known for his contributions to political economy, particularly for the essays published as the <em>Political Discourses</em> (1752). Hume...
Persistent link: https://www.econbiz.de/10009251369
Early modern Europe in the late seventeenth and early eighteenth centuries witnessed an unprecedented increase in the rate of economic growth, and governments entertained a wide range of proposals aimed at developing and harnessing foreign trade and emerging financial markets. In his magisterial...
Persistent link: https://www.econbiz.de/10008693819