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Ibn Khaldun was the first to systematically analyze the functioning of an economy, the importance of technology, specialization and foreign trade in economic surplus and the role of government and its stabilization policies to increase output and employment<\/p>\n

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Ibn Khaldun was the first to systematically analyze the functioning of an economy, the importance of technology, specialization and foreign trade in economic surplus and the role of government and its stabilization policies to increase output and employment<\/p>\n","protected":false},"author":6,"featured_media":7658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[419],"tags":[8779,8780,8781,8782,2406,1345,7,8783,341,8784,8785,8786,8787,8788,8789,8790,8791,8792],"class_list":["post-7657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-truth-seeker","tag-adam-smith","tag-an-introduction-to-history","tag-economic-oriented-policies","tag-economic-surplus","tag-economy","tag-editors-choice","tag-featured","tag-income","tag-islam","tag-karl-marx","tag-muqaddimah","tag-muslim-heritage","tag-production","tag-ricardo","tag-specialization","tag-taxation","tag-the-economic-theory-of-ibn-khaldun-part-1-2","tag-the-state"],"yoast_head":"\nThe Economic Theory of Ibn Khaldun (Part 1\/2) - 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