‘Every dynasty has within itself the seeds of its own downfall’? Dr Georg Christ discusses what economists can learn from the medieval writings of Ibn Khaldûn

Morroccan stamp featuring Ibn Khaldûn courtesy of Wikimedia Commons. In August last year, I attended the World Economic History Congress in Kyoto where I presented a paper on Ibn Khaldûn (1332-1406), the Arabic historian, lawyer and polymath. I was tasked to look at medieval thoughts on state intervention in the economic sector. I thought Ibn…