Al-Asadi and his work al-Taysir: A study of his socio-economic ideas

Abdul Azim Islahi

MPRA Paper from University Library of Munich, Germany

Abstract: Muḥammad bin Muḥammad bin Khalīl al-Asadī lived in A.H. 9th/ C.E. 15th century. The details of his birth, life and death remain obscure. He authored many works on the socio-economic problems of his time. All these works have disappeared without trace except one: al-Taysīr (the Facilitation). This surviving work is the only source of information about his life and his ideas. He suggested efficient market administration, public distribution of food, elimination of monopolies, monetary reform, management of public income and expenditure, embryonic quantitative use in production and distribution, and measurement of inflation. The depth and significance of his ideas remains largely unexplored. The present paper attempts to address this need.

Keywords: Economics of al-Asadi; Monetary Reform; Mirror for Princes; Measurement of Inflation; al-Hisbah; Mamlūk Economics; Kitab al-Taysir (search for similar items in EconPapers)
JEL-codes: B00 B3 B31 (search for similar items in EconPapers)
Date: 2016-04-14, Revised 2016
New Economics Papers: this item is included in nep-his and nep-hpe
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Published in IEI Publications (2016): pp. 1-35

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