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Economic Ideology
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions. However, the two are closely interrelated, as underlying economic ideology influences the methodology and theory employed in analysis. The diverse ideology and methodology of the 74 Nobel laureates in economics speaks to such interrelation. A good way of discerning whether an ideology can be classified an economic ideology is to ask if it inherently takes a specific and detailed economic standpoint. Furthermore, economic ideology is distinct from an economic system that it supports, such as capitalism, to the extent that explaining an economic system (positive economics) is distinct from advocating it (normative economics). The theory of econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ideology
An ideology is a set of beliefs or philosophies attributed to a person or group of persons, especially those held for reasons that are not purely epistemic, in which "practical elements are as prominent as theoretical ones." Formerly applied primarily to economic, political, or religious theories and policies, in a tradition going back to Karl Marx and Friedrich Engels, more recent use the term as mainly condemnatory. The term was coined by Antoine Destutt de Tracy, a French Enlightenment aristocrat and philosopher, who conceived it in 1796 as the "science of ideas" to develop a rational system of ideas to oppose the irrational impulses of the mob. In political science, the term is used in a descriptive sense to refer to political belief systems. Etymology and history The term ''ideology'' originates from French ''idéologie'', itself deriving from combining (; close to the Lockean sense of ''idea'') and '' -logíā'' (). The term ideology, and the system of ideas asso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunnah
In Islam, , also spelled ( ar, سنة), are the traditions and practices of the Islamic prophet Muhammad that constitute a model for Muslims to follow. The sunnah is what all the Muslims of Muhammad's time evidently saw and followed and passed on to the next generations. According to classical Islamic theories, the sunnah are documented by hadith (the verbally transmitted record of the teachings, deeds and sayings, silent permissions or disapprovals of Muhammad), and along with the Quran (the book of Islam), are the divine revelation ('' Wahy'') delivered through Muhammad Brown, ''Rethinking tradition in modern Islamic thought'', 1996: p.7 that make up the primary sources of Islamic law and belief/theology. Differing from Sunni classical Islamic theories are those of Shia Muslims, who hold that the Twelve Imams interpret the sunnah, and Sufi who hold that Muhammad transmitted the values of sunnah "through a series of Sufi teachers." According to Muslim belief, Muhammad was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gunpowder Empires
The gunpowder empires, or Islamic gunpowder empires, is a collective term coined by Marshall G. S. Hodgson and William H. McNeill at the University of Chicago, referring to three Muslim empires: the Ottoman Empire, Safavid Empire and the Mughal Empire, in the period they flourished from the 16th to the 18th century. These three empires were among the strongest and most stable economies of the early modern period, leading to commercial expansion, and greater patronage of culture, while their political and legal institutions were consolidated with an increasing degree of centralization. The empires underwent a significant increase in per capita income and population, and a sustained pace of technological innovation. They stretched from Central Europe and North Africa in the west to Bengal and Arakan in the east. Hodgson's colleague William H. McNeill expanded on the history of gunpowder use across multiple civilizations including East Asian, South Asian and European powers in his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emirate Of Sicily
The Emirate of Sicily ( ar, إِمَارَة صِقِلِّيَة, ʾImārat Ṣiqilliya) was an Islamic kingdom that ruled the island of Sicily from 831 to 1091. Its capital was Palermo (Arabic: ''Balarm''), which during this period became a major cultural and political center of the Muslim world. Sicily was part of the Byzantine Empire when Muslim forces from Ifriqiya began launching raids in 652. Through a prolonged series of conflicts from 827 to 902, they gradually conquered the entirety of Sicily, with only the stronghold of Rometta, in the far northeast, holding out until 965. Under Muslim rule, the island became increasingly prosperous and cosmopolitan. Trade and agriculture flourished, and Palermo became one of the largest and wealthiest cities in Europe. Sicily became multiconfessional and multilingual, developing a distinct Arab-Byzantine culture that combined elements of its Islamic Arab and Berber migrants with those of the local Greek-Byzantine and Jewish com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Andalus
Al-Andalus DIN 31635, translit. ; an, al-Andalus; ast, al-Ándalus; eu, al-Andalus; ber, ⴰⵏⴷⴰⵍⵓⵙ, label=Berber languages, Berber, translit=Andalus; ca, al-Àndalus; gl, al-Andalus; oc, Al Andalús; pt, al-Ândalus; es, al-Ándalus () was the Muslim-ruled area of the Iberian Peninsula. The term is used by modern historians for the former Islamic states in modern Spain and Portugal. At its greatest geographical extent, it occupied most of the peninsula and a part of present-day southern France, Septimania (8th century). For nearly a hundred years, from the 9th century to the 10th, al-Andalus extended its presence from Fraxinetum into the Alps with a series of organized raids and chronic banditry. The name describes the different Arab and Muslim states that controlled these territories at various times between 711 and 1492. These boundaries changed constantly as the Christian Reconquista progressed,"Para los autores árabes medievales, el término Al-And ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brill Publishers
Brill Academic Publishers (known as E. J. Brill, Koninklijke Brill, Brill ()) is a Dutch international academic publisher founded in 1683 in Leiden, Netherlands. With offices in Leiden, Boston, Paderborn and Singapore, Brill today publishes 275 journals and around 1200 new books and reference works each year all of which are "subject to external, single or double-blind peer review." In addition, Brill provides of primary source materials online and on microform for researchers in the humanities and social sciences. Areas of publication Brill publishes in the following subject areas: * Humanities: :* African Studies :* American Studies :* Ancient Near East and Egypt Studies :* Archaeology, Art & Architecture :* Asian Studies (Hotei Publishing and Global Oriental imprints) :* Classical Studies :* Education :* Jewish Studies :* Literature and Cultural Studies (under the Brill-Rodopi imprint) :* Media Studies :* Middle East and Islamic Studies :* Philosophy :* Religious Studies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Golden Age
The Islamic Golden Age was a period of cultural, economic, and scientific flourishing in the history of Islam, traditionally dated from the 8th century to the 14th century. This period is traditionally understood to have begun during the reign of the Abbasid caliph Harun al-Rashid (786 to 809) with the inauguration of the House of Wisdom in Baghdad, the world's largest city by then, where Muslim scholars and polymaths from various parts of the world with different cultural backgrounds were mandated to gather and translate all of the known world's classical knowledge into Aramaic and Arabic. The period is traditionally said to have ended with the collapse of the Abbasid caliphate due to Mongol invasions and the Siege of Baghdad in 1258. A few scholars date the end of the golden age around 1350 linking with the Timurid Renaissance, while several modern historians and scholars place the end of the Islamic Golden Age as late as the end of 15th to 16th centuries meeting with the I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantilism
Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, colonialism, tariffs and subsidies on traded goods to achieve that goal. The policy aims to reduce a possible current account (balance of payments), current account deficit or reach a current account surplus, and it includes measures aimed at accumulating foreign-exchange reserves, monetary reserves by a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and motivated colonialism, colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. It promotes government regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. High tariffs, especially on manufactured goods, were almost universally a feature of mercantilist policy.John J. McCusker, ''Mercantilism and the Econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goods And Services
Goods are items that are usually (but not always) tangible, such as pens, physical books, salt, apples, and hats. Services are activities provided by other people, who include architects, suppliers, contractors, technologists, teachers, doctors, lawn care workers, dentists, barbers, waiters, online servers, a digital book, a digital video game or a digital movie. Taken together, it is the production, distribution, and consumption of goods and services which underpins all economic activity and trade. According to economic theory, consumption of goods and services is assumed to provide utility (satisfaction) to the consumer or end-user, although businesses also consume goods and services in the course of producing other goods and services (see: Distribution: Channels and intermediaries). History Physiocratic economists categorized production into productive labour and unproductive labour. Adam Smith expanded this thought by arguing that any economic activities directly re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumption (economics)
Consumption is the act of using resources to satisfy current needs and wants. It is seen in contrast to investing, which is spending for acquisition of ''future'' income. Consumption is a major concept in economics and is also studied in many other social sciences. Different schools of economists define consumption differently. According to mainstream economists, only the final purchase of newly produced goods and services by individuals for immediate use constitutes consumption, while other types of expenditure — in particular, fixed investment, intermediate consumption, and government spending — are placed in separate categories (see consumer choice). Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. the selection, adoption, use, disposal and recycling of goods and services). Economists are particularly interested in the relationship betwee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distribution (economics)
In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income. One use of national accounts is for classifying factor incomes and measuring their respective shares, as in national Income. But, where focus is on income of ''persons'' or ''households'', adjustments to the national accounts or other data sources are frequently used. Here, interest is often on the fraction of income going to the top (or bottom) ''x'' percent of households, the next ''x'' percent, and so forth (defined by equally spaced cut points, say quintiles), and on the factors that might affect them (globalization, tax policy, technology, etc.). Descriptive, theoretical, scientific, and welfare uses Income distribution can describe a prospectively observable element ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Production (economics)
Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output. Ideally this output will be a good or service which has value and contributes to the utility of individuals. The area of economics that focuses on production is called production theory, and it is closely related to the consumption (or consumer) theory of economics. The production process and output directly result from productively utilising the original inputs (or factors of production). Known as primary producer goods or services, land, labour, and capital are deemed the three fundamental production factors. These primary inputs are not significantly altered in the output process, nor do they become a whole component in the product. Under classical economics, materials and energy are categorised as secondary factors as they are byproducts of land, labour and capital. Delving further, primary factor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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