"In the beginning of the dynasty, taxation yields a large revenue from small assessments. At the end of the dynasty, taxation yields a small revenue from large assessments."
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About Ibn Khaldun
Ibn Khaldun (1332-1406) was a prominent North African historian, sociologist, and philosopher. He is best known for his groundbreaking work 'The Muqaddimah,' a historical chronicle that explores the rise and fall of civilizations. Ibn Khaldun laid the foundation for the modern disciplines of historiography, sociology, and economics with his emphasis on social dynamics and the role of environment and culture in shaping societies. His theories on cyclical patterns of history and the concept of 'asabiyyah' (social cohesion) have had a lasting impact on the fields of social sciences.
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