Propagation of rule: a theory of economic success and stagnation -- The propagation of rule -- Historical origins of rule propagation -- Applying the theory: why the West got rich and the Middle East did not -- Bans on taking interest -- Restrictions on the printing press -- Printing & the...

Why would the removal of authoritarian institutions in some developing countries lead to sustained socio-economic crisis, while others experience explosive growth despite 'persisting' informal, insecure and rent-seeking institutional arrangements? A key to solving this enigma lies in...

For centuries following the spread of Islam, the Middle East was far ahead of Europe. Yet, the modern economy was born in Europe. Why was it not born in the Middle East? In this book Jared Rubin examines the role that Islam played in this reversal of fortunes. It argues that the religion itself...