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A közös ős nyomában: modern nyugati közgazdasági gondolkodás és az iszlám hagyomány
[In the Quest for the Common Ancestor: Modern Western Economic Thought and the Islamic Tradition]

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  • Olah, Daniel

Abstract

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 economics does not make a distinction between normative and positive scientific attitudes and sets the influence of human behavior as one of its important goals. To prove that there is potential for future convergence the author argues that the „Schumpeterian gap” in history of economic thought does not exist. Analysing the thoughts of Ibn Khaldun, the paper sets the ground for a new paradigm by representing Khaldun as a common ancestor of Western and Islamic economics.

Suggested Citation

  • Olah, Daniel, 2016. "A közös ős nyomában: modern nyugati közgazdasági gondolkodás és az iszlám hagyomány [In the Quest for the Common Ancestor: Modern Western Economic Thought and the Islamic Tradition]," MPRA Paper 86412, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:86412
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    history of thought; islamic thought; Ibn Khaldun;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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