The doctrine of "Islamic economics" entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. Beyond its most visible practical achievement--the establishment of Islamic...

Peter Bauer draws conclusions about economic development that diverge from the mainstream. "The Development Frontier" illustrates his characteristic and distinctive approach: he bases his analyses on careful and direct observation of conditions in the developing world. In doing so, he takes...

The doctrine of ""Islamic economics"" entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. Beyond its most visible practical achievement--the establishment of Islamic...