Thursday, September 9, 2010

Filling Schumpeter's "Great Gap"

Medieval Islamic Economic Thought:

Filling the "Great Gap" in European Economics

Ghazanfar, S.M. (editor)




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This book is a collection of papers on the origins of economic thought discovered in the writings of some prominent Islamic scholars, during the five centuries prior to the Latin Scholastics, who include St. Thomas Aquinas.

This period of time was labeled by Joseph Schumpeter as representing the ''great gap'' in economic history.

Unfortunately, this ''gap'' is well embedded in most relevant literature.


However, during this period the Islamic civilisation was one of the most fertile grounds for intellectual developments in various disciplines, including economics, and this book attempts to fill that blind-spot in the history of economic thought.
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Joseph A. Schumpeter: Historian of Economics

Perspectives on the History of Economic Thought

Edited by: Lawrence Moss

Part II:

The 'Great Gap' Thesis Revisited

6.

The Inaccuracy of the Schumpeterian Great Gap Thesis:

Economic Thought in Medieval Iran (Persia),

Hamid Hosseini


7.

Ibn Khaldun's Political and Economic Realism,

Louis Baeck


8.

Maimonides on Property:

Its Accumulation and Its Distribution,

Nelson P. Lande


9.

Al-Maqrizi's Book of Aiding the Nation by Investigating the Depression of 1403-6.

Translation and Commentary by Mark Tomass