STUDI KOMPARATIF TENTANG MEKANISME PASAR IBNU KHALDUN DAN ADAM SMITH

Abstract

This article was aimed to explain the nature of market mechanism in prespective of Ibnu Khaldun and Adam Smith. Historical dan philosophical approach were used in the analysis to oversee Ibnu Khaldun and Adam Smith basic teaching on market and to explore ideas of both. The article concluded that within theory of  price, theory of value, division of labour, nation/government. Market mechanism that protect people of  the right and just price has also been considered as important and neccesary for better life. This then implied the need to keep market mechanism work which was part of  government duties.