scheme unsustainable. Islam developed a set of dynamic redistributive rules that were self-enforcing, in regions where arid …

This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries … systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … (i) determined the economic aspects of the religious doctrine upon which Islam was formed, and (ii) shaped its subsequent …

central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating …

This paper develops a rent-protection theory of corporate ownership structure - and in particular, of the choice …

This paper asks, under what conditions can the Fundamental Theorem of Welfare Economics be extended to economies with … redistributions) . Just as the Fundamental Theorem of Welfare Economics does not adequately reflect the vices and virtues of …