Adam Smith or Ibn Khaldun - The Father of Modern Economics?
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- เผยแพร่เมื่อ 12 ก.ค. 2017
- Adam Smith wrote the Wealth of Nations in 1776 and is now crowned as the father of modern of economics, but Ibn Khaldun wrote the Muqaddimah some 400 years earlier in 1377...
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I believe Ibn Khaldun should be recognised as the "Father of Modern Social Thought". Because the Muqaddimah (meaning the "Opening" in Arabic) has pointed out many ideas that soon shape the modern world.
I want to talk with you about it!
Plz translate urdu economic theory of ibn khaldun
It was written in Arabic not in Urdu@@mehvishrazzaq5473
@@sn-fp8oq is there an english translation?
@@mogabriel5238 yes is free search ibn khaldun muqqadimach pdf
Ibnu khaldun was the father of the economics because he talk the theories of division labour before Adam Smith
I have read Al muqadima and it's a masterpiece
Except the r@cist parts. He’s not kind towards the sub-Saharans.
I don't think it's Ibn Khaldun loss that people don't credit him. It's rather loss of the people.
Deep
that's deep
I come back to read this again
Heidegger is considered by many to be the most important philosopher of the XX century. However, his core ideas are very similar to Ibn Arabi's ideas or even Daoism, which preceded him by centuries or millennia.
This reminds me of the story of who invented the telephone. When the question is being asked many will say that Alexander Graham Bell is the inventor of the telephone. However Antonio Meucci invented the device a few months before, but he was only able to publish his invention in a local Italian newspaper, as he didn't speak any English
"He was robbed everybody knows that!" - Tony Soprano
That was a great scene
To be accurate he was "robbed" because it simply wasn't widely known, or promoted at the time, not because he didn't speak English.
Your inferring racism or bigotry where none exists.
G Graham
Lol nobody else brought up racism or bigotry but you, the commenter explained why it was published in a local Italian paper by saying he didnt know English, he lived in Italy so it makes sense for him not to speak it, lol billions of people don't know English.
The only implication made was from you when you read his comment and immediately connected speaking english with it being some sort of universal advantage, interesting connection to make but ok.
Someone should've just called the guy on the phone to tell him his invention was stol.... Oh wait
ibn khaldun needs more recognition
I think it's absurd to even compare a 14th century economist and a 18th century economist. It's Khaldun, hands down, no contest.
Watch Boris Johnson and ibn khaldun
Loved the comparison! I hinted at Ibn Khaldun's role as Father of Modern Economics in my video on him too
Imam Al Ghazali invented modern economics
Adam Smith: Who are you?
Ib Khaldun: I’m you but better.
As a Commerce graduate, I think Ibn Khaldun should be regarded as the "Father of Modern Economics" because his theories in the 14th century influenced the Modern Economy as we know it today.
It's only fair to study his masterpiece AL MUQADDIMAH and recognise him as the Father of Modern Economics.
Great points and this is one of my curious discussions with many biased often eurocentric academics was about this question you posted in the end. The reality is that our psychology of this day of demonizing, rediculing and belittling arabs, muslims and non-europeans was there and is here at this moment and very apparent after 911. I can also say it was very stronger and worse in early days and most of the philosophers fell into it like, Locke and his view of the black africans etc. This is the same in the world of western academia now, but slitely subtle. Although luck of good translations of islamic philosophy in early 19th, 20s or 21st century was a part of the problem. But i can stress with confidene that the problem of not posing this question lies in our psychological realm of reality i e that we are dishonest, ethno-centrically motivated and rubbed almost all of it under the rug. However, thanks for your igniting and stimulating question? Peace!
Agreed. But there is hope. One simply cant deny/hide them forever. This the age of information after all.
Ibn khaldun is not the father of modern economy . Just accept it.
@@sirlordhenrymortimer6620
"And 99 other jokes you can tell yourself"
@@kp5602 islam is the biggest joke
@@sirlordhenrymortimer6620 this is a discussion about biased history not religion. While your IQ level is low to make such claim one which you have little to no knowledge of, it is Ironic how you fall in the same spectrum of your biased view of the world.
Maybe consider other faiths like Christianity and how they eradicated native Americans in the name of Jesus and enslaved a full ethnicity along the way. Muslims will not take morality or criticism from westerns in Europe, a contenant the exterminated 6 million Jews.
Don't talk about religion and especially Islam one you have no knowledge of as 90% of non Muslims are like but once they come to know and understand they end up embracing it.
I learned something very special, just now!!!
Just got engage in translation of some of the economics text, and found this. good to learn something new here.
Thank you for your video
🇹🇳Tunis
I am very happy to see this video.
If youve read some of Ibn Khaldoons work and compared it to adam smith youll find adam smith ripped paragraphs straight out and pasted them into his work, plagiarism at its finest from a scottish snob.
th-cam.com/video/xUTiha34hBg/w-d-xo.html
Very true 👍
@raven's son
Even if the name wasnt there, ripping out entire paragraphs is still plagiarism.
@raven's son
Plagiarism has been a thing since the days of the ancient greeks, Adam Smith wasnt a random scottsman in a village, he was in an actual educational institute.
People in his time and before were called out for plagiarism many times.
@raven's son
I usually dont use wikipedia as a source however your question's answers lie within the wikipedia page itself on Plagiarism.
en.m.wikipedia.org/wiki/Plagiarism
Ibn Khaldoun was one of the most underrated philosophers of all time, and west should recognize his great works of Sociology and Economics.
to me he is the Father of Modern Economics and Sociology.
And Historiography
Have a look at imam ghazalis economic thoughts pure class🤓
and Imam Ibn Taiyimyyah also. There is a book on the economic thoughts of ibn Taimiyyah.
@@mahfuzannan8270 @shah Alom The reason all their conceptions of Economics are so similar is because that's whats been prescribed by Islamic Law. Islamic economics also evolve around a Free Market, one evolved around labour, supply and demand, and for the most part, automy from the Government. This was all originally offered by one man, Muhammed sws.
@@mahfuzannan8270 >ibn taiyimyyah
cringe 🤢
>al ghazali
based 😁👍
Adam Smith work from book Ibn Khaldun
Hello sir
The content you provide is breath taking and amazing and enlightening
But I would like to bring to light something significant
In the scene where the introduction of ibn khaldun is discussed there is a overlapping picture of a family on top of a picture from the Quran wherein the shoes are overlapping
We request you to edit that picture sir as done unintentionally but would hurt the
sentiment of Muslims around the world Thank you 😁
Looking forward for more amazing content !!!
thank you .
Ibn Khaldun in his book the opening "Al-Muqaddima" was aware he's producing something no one ever did before in both sociology and economics, he was a genius and he knew it.
Muqaddimah --> مقدّمة --> Literal meaning the Forefront. Can be translated to the "Introduction" as well.
The summary of the wealth of nation is soo simplistic and reasearch should be needed more.
It's coz he is Arab and Muslim if we are honest wen Europeans or the west formulate history and civilization they go from the Greek the Romans jump a thousand years(so called dark ages) then all of sudden the renaissance...
Brief and beautiful
The father of Human Rights is also not really the 'father', since he attended only Arabic classes during his time at Oxford. The concept of 'Rights' and human rights existed in the Islamic civilisation 1400 years ago, whereas they were introduced in the West not so long ago.
Nevertheless, knowledge is about knowing reality, it is independent of creed, cast, language and heritage etc.
Their is no knowledge or thought in Islam about human rights and if you consider few benevolent passages from your holy book,never mind the vast violent verses, then you're barking the wrong tree
@@sirlordhenrymortimer6620 you my sir have been diagnosed with ignoranism
yap
I believe that many people had come to this conclusion however some were able to document their thoughts where other never write anything. in modern time it is easy to documents your thoughts and work because of cheap available paper and technology where 600 years ago paper was had to find and expensive
Paper was cheap and available in all major cities of the Muslim world, since the first Abbasid era(8th century). It was the process copying that was hard and expensive.
Khaldoun wrote his ideas.. and westerners at that time used to come to Arabia for exploration .. then u know what happened
not for ibn khaldun. he was widely acknowledged and gained fame and money from rulers of many places (he was vizier or at other high position in many muslim kingdoms throughout his life)
Please can you add arabic sub-titel
What about Vilfredo Pareto? He can also be recognized for being the father of modern economics alongside with Smith, for his revolutionary work. Ibn Khaldun can be given the title of "father of Economics", in general progenitor-wise.
Ibn khadoun works deserves a video on its own. He wrote thousands of pages. Even Ronald Reagan quoted his economic theory.
His views on race are not all positive, I am afraid.
He is heretic, no ?
His views on race are misunderstood. He wasn't racist as we define it today.
This is a man from hundreds of years ago. It's gonna be a given a person was gonna be sus
@@vals4207NO
I don't see the name of the photographer of the bust of Ibn Khaldun. please you have to follow the license and put the name of the photographer at the description of the video commons.wikimedia.org/wiki/File:Bust_of_Ibn_Khaldun_(Casbah_of_Bejaia,_Algeria)_1.jpg
You're right, my mistake. No excuse - have added it. Thanks for pointing this out.
You know the seeds of cain likes taking the glory for other people's work and ideas
1:49 Henry Ford came up with a similar idea though, no? With the model-T cars being mass-produced in the manufacturing lines.
Reminds me of Algebra, Alchemy, Alcohol, Aleman etc..
Invisible hand lol who of the invisible man?
3:03
Interesting to see so many knowledgable people have been introduced to Ibn Khaldun's work. Just as matter of historical record, Khaldun was of Berber origin family. Like so many other scholars of Muslim world he too wrote in Arabic which was the lingua franca from Morocco & Spain to Persia & Afghanistan. That does not make him an Arab by ethnicity just as Naipaul was a West Indian and not an Englishman simply because he wrote in English. Just a comment!
=== The spread of modern trade and commerce began with Muslim merchants ===
Even when Muslims did business, trade was forbidden to ordinary Christian citizens except to Christian kings.
Ofcourse , Ibn Khuldun is the real father of Economics and also father of Sociology.
Ibn was genius no doubt what he saw read travel interacted with people his book in Arabic in Persian its translation in urdu I had read after reading his book I came to understand matter of world universe etc I also read about Adam too
He was the founder of Reaganomics . Reagan used to quote him
Smith wasn't the first, but he was the first to be recognized AND have a major impact. Which, at the end of the day is all we can measure.
Plz translate urdu
Stop hate against Muslims ....
Whos out here for ms zayas??
Rise ur voice ,and make it clear what u r saying .
ADAPUN kebudayaan di kota-kota, kendati menghasilkan puncak-puncak sains, filsafat, dan seni, melahirkan penduduk yang lembek dan lupa cara membela diri.
Solidaritas antar-warga sangat lemah dan perlindungan atas agresi militer diserahkan pada negara.
Menurut pakar sejarah, Ibnu Khaldun, rendahnya ashabiyah atau fanatisme kelompok inilah yang menyebabkan peradaban yang maju mudah diluluhlantakkan orang-orang barbar.
www.hasim.id/2019/11/pemikiran-ibnu-khaldun-penduduk-lembek.html?m=1
Muhammad Banu Abd Allah al Hashimi ! Mohandas Karamchand Gandhi ! Enver Hoxha ! Josip Broz Tito ! Vladimir Putin...
History is political. What about Darwin vs Al-Jahiz?
I need this video in urdu
IBN Khaldun Is the father of Mordern Economics
Ibn khaldoun is legend
people who read thess theoris know that IBN E KHALDUN is the known father of modern economics and sociology and political science but world will not recognize him becuase he have roots of islam. and west will never appreciate islam.
No, he's not the father of modern economics since, his vague postulation doesn't stand in good stead. Hindu philosopher also said something in similar vain 800 years ago so, why don't we consider him to be father of modern economy
SIR Lord Henry mortimer Lets see it
@@sirlordhenrymortimer6620 Who's this 'Hindu Philosopher'?
@@Daffa137 kutilya ,mahavira and in china fan li,wang anshi
@@John-lf3xf He is a well known EDL troll.
Sure ibn khaldoun talked about division of labour before smith but xenofon did so even earlier. ghazali also wrote about it.
Its likely that they inspired each other. Still a nice video though
That is the fack no one’s know
I'll bet if you search far and wide enough you can find others who had similar ideas before Ibn Khaldun wrote them down. So what? Why does it matter? Unless you are concerned about scoring points for or against some particular group or culture it should matter little. What should matter is the usefulness and morality of the ideas.
MyOther Soul you can’t cuz ibn khaldun said in his work that he founded it xd
Why you’re all defensive. The author of this video is questioning things. And that’s the basis of knowledge. Why don’t you read Ibn Khaldun or others and prove to us what’s on this video is wrong?
Adam Smith goes more deep into Economics while Ibn Khaldun was more of a generalist or a polymath as we say in Greece
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Ibn e khaldun founded it adam smith advanced it
Both Ibn Khaldun and Adam Smith were great. However I think Ibn Khaldun was a generalist while Adam Smith was more of specialist.
I think when we speak about economics, Adam Smith is the greater contributor.
Adam Smith specialized in economics so there is no need to compare. ibn khaldun was a polymath (he worked in many areas). @@rushedop9216
From what was explained, I would say he was the innovator of division of labor rather than father of modern economics. Adam Smith holds that title in my estimation.
hhh I hope u r just joking, u know that "the Introduction" is a book of hundreds of pages but u really think this guy managed to resume all of that in those few lines lol he just gave that example u genius o0 hhh
Sorry but I smelled dishonesty in your words cmon man try justice even if against your desires, it would lift u up in the eyes of even your enemies
Well it’s called racism!
Ibn khuldun also gave the idea of evolution. He said it started from minerals and progressed in gradual manner into plants and then animals.
the 19 dislikes are probably from The Butthurts
No
Yes
Ibn khaldun founded it Smith advanced on it
Ibn Khaldoon, like Newton on his giant shoulders, was just an intellectual pencil, composed from many parts. Aristotle, though, invented global supply chains in China.
@Omar Aziz bullshit, Newton was mostly influenced by gallelio. Newton invented calculus and electrifying human minds with his seminal work "laws of motion". Which was unprecedented
@Omar Aziz Newton's work made all these greats obsolete and Newton's work stand till this day.
Ibn khaldun works doesn't hold much water
@Omar Aziz what a joke. Newton and liebnitz invented calculus , scientist, philosophers before him had no idea about its basic fundamentals . They only talked about the subjects in abstract non-scientific way. HG Wells wouldn't be called scientist just because he thought about time machine
@@sirlordhenrymortimer6620
Leibniz and Newton did not define calculus in a rigorous manner, Cauchy did (with limits). Does that mean that Newton did not help in defining calculus because of his use of "non-scientific ways"? Do you see the issue with your thinking?
@@REDDEADANDGTACLUB Newton derived the ideas of calculus from the "tangent thesis of Fermat" and Liegnitz popularise integral calculus due to its various engineering applications
Just have a cursory glance of Newton and liebnitz contribution to calculus en.m.wikipedia.org/wiki/History_of_calculus.
And please, do point out my contradiction that I drew upon when I contrasted their contribution to calculus and ibn khaldun's to economy.
Calculus in its archaic form was known since, the Egyptian times......we don't say the Egyptian mathematics ware the father of calculus .since, their forms and ideas are too archaic
Neither, Imam Al Ghazali invented modern economics
Feels like Smith plagiarised ibn khalduns work
In one word NO. Their is no way to prove that Adam Smith borrowed ibn khaldun idea's or in anyway inspired by the treaties . Adam Smith's works have been adopted ,replicated and in some regard stood the test of time . All modern day classical economist got their ideas from Smith not khaldun.
Also, no body consider Aristotle as the man who discovered atoms since, he postulated something similar in that vain.
Social sciences and natural sciences are different in the ways of research and proving hypothesises. Atom is a true entity, it can't be argued against and it's existence is provable. It is a thing that has a physical form. Whereas economic theory different. Economic theories evolve over time like other social sciences for example sociology, bcs humans aren't a lazy bunch, from a time perspective, humans do different things, they are dynamic, while atoms are static. Ibn khaldun is the father of modern capitalist economics, since he and smith hold similar arguments. Smith can be inspired by him, since scholars are inspired and inspiring one another
@@hugosetiawan8928 rubbish, Smith is in no way inspired by ibn khaldun as theirs no definitive proof to suggest it, it's historic revanschism that suggest "ibn khaldun" as some sort of father of classical economics.
Why ibn khaldun? Why not the ancient Hindu philosopher kutilya, Confucius and even Plato said something similar to that of Smith. Why not consider them as the "NEW" father of classical economics
@@sirlordhenrymortimer6620 Well his book says more about labour, he argued that the government shouldn't interfere too much with the economy, similar to the invisible hand
@@hugosetiawan8928 you should read "arthasashtra" and Plato's "republic". These disingenuous plebs are guilty of historic revanschism ,which the post modernist have groomed so well in academic circles
Aristotle didn't postulate atoms, Democritus did.
Yet another thing the Europeans took credit for
ibn khaldun, abdurahman ibn khaldun , that khaldun alone was so cringy lol
Read up more . It's chanakya who was father economics not any of these ppl . Channakya lived in BCE 😁
The Indians would have only been able to spread their knowledge to Indo-China, Indonesia and maybe Persia.
The Muslims transmitted their knowledge to the West, who then imposed it on the world (colonialism).
I wished Muslims are as useful as they once were.
They never were
@@thotslayer9914 I am
ogogo ogpgpg no he is Kurd
No he is a butt-hurt kurd from the way he talks about his brothers
Does your country have a probe orbiting Mars? Mine does (UAE).
You have convinced me: I'm now a Muslim brother, I've stepped the 2nd floor and I'm an Erdogan lover and wish the return of the Khilafah (Osmanliyah of course, ISIS was just preparing the return of the Ottoman empire. I know that already) and I will support Qatar till the end of my life so the ruling family of Hammad takes the lead of the hajj until the next election :))). Allah showed me the truth once again through your video. Thank you !
I wish you all the best
Someone's pride is hurt. My poor boy. 😂
Mammouth Lafouinne Are joking or serious please tell me
@@user-sk1rc2yo2e Joking obviously 😄