If Muslims expect to return to the “Islamic Golden Age”, they’re not going to get there by embracing the socialist policies that ended it.
“Laffer has himself explained that he didn’t invent the curve, but took it from Ibn Khaldun, a 14th-century Muslim, North African philosopher.”
“Khaldun went further and explained that ultimately the government would be bloated and the tax base eroded—at this point the state would often implode under its own weight.”
The “Laffer Curve” Was Discovered by a Medieval Islamic Philosopher | Nima Sanandaji
Art Laffer has himself explained that he didn’t invent the curve, but took it from Ibn Khaldun, a 14th-century Muslim, North African philosopher. Indeed, many of the ideas we today associate with Western free-market thinkers originated in the Islamic world during the Islamic Golden Age.