Yusuf al-Texani -- 1d That explains why "magasin" is store in French replyThat explains why "magasin" is store in French
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root 0d487ef4…ded6 · depth 2 · · selected 12aee9c1…83f7
The word "magazine" isn't just what you think it is. it’s a history lesson. It comes from the Arabic word*makhzan*, meaning "storehouse" or "depot."As trade grew between the Islamic world and europe, this word traveled to Italy (*magazzino*) and eventuallyinto English.The building blocks of European capitalism: inventory, logistics, and record-keeping are direct Islamicinfluances.From this perspective, the Austrian school of economics is an attempt to preserve these original, organic marketprinciples. The Austrian view fights to protect the free, decentralized nature of ancient markets against the"statist" approach of Keynesian economics, which are a subversion of true markets. By rejecting top-downgovernment control, the Austrian tradition seeks to defend the spontaneous order that were a central part ofislamic market traditions and philosophy. Wa Allahu A'lam
That explains why "magasin" is store in French
The word "magazine" isn't just what you think it is. it’s a history lesson. It comes from the Arabic word *makhzan*, meaning "storehouse" or "depot."
As trade grew between the Islamic world and europe, this word traveled to Italy (*magazzino*) and eventually into English.
The building blocks of European capitalism: inventory, logistics, and record-keeping are direct Islamic influances.
From this perspective, the Austrian school of economics is an attempt to preserve these original, organic market principles. The Austrian view fights to protect the free, decentralized nature of ancient markets against the "statist" approach of Keynesian economics, which are a subversion of true markets. By rejecting top-down government control, the Austrian tradition seeks to defend the spontaneous order that were a central part of islamic market traditions and philosophy. Wa Allahu A'lam