Classical Islamic Economic Thought
To some degree, the early Muslims based their economic analyses on the Qur'an (such as opposition to riba, meaning usury or interest), and from sunnah, the sayings and doings of Muhammad.
Read more about this topic: Islamic Economics In The World
Famous quotes containing the words classical, economic and/or thought:
“Classical art, in a word, stands for form; romantic art for content. The romantic artist expects people to ask, What has he got to say? The classical artist expects them to ask, How does he say it?”
—R.G. (Robin George)
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
—Lyndon Baines Johnson (1908–1973)
“Monte Beragon: When I’m close to you like this, there’s a sound in the air like the beating of wings. Do you know what that is?
Mildred Pierce: No, what?
Monte Beragon: My heart, beating like a schoolboy’s.
Mildred Pierce: Is it? I thought it was mine.”
—Ranald MacDougall (1915–1973)