There are numerous works on the history of Islamic economic thought. But almost all researches come to an end in 9th AH/15th CE century. We hardly find a reference to the economic ideas of Muslim scholars who lived in the 16th or 17th century, in works dealing with the history of Islamic...

The present study explores the state of Muslim economic thinking in the 12th century Hijrah (corresponding to the 18th century of the Christian era). During this period decaying forces in the great Muslim civilization speeded up and Western colonization of Muslim lands began. At the same time,...

Waqf is one of the most fascinating institutions of Islamic history. Its role continued throughout Islamic history along with the public sector and it is still a very vital and viable source to provide goods and services where public and private sectors lag or fail. It provided goods and...

In the present paper we introduce the concept of optimal rate of political and social change as a benchmark to explain the successful or unsuccessful development of societies facing both internal change and external shocks. Societies face two extremes: volatility, e.g. rapid changes that lead to...

This paper documents the evolving impact of childbearing on the work activity of mothers between 1787 and 2014. It is based on a compiled data set of 429 censuses and surveys, representing 101 countries and 46.9 million mothers, using the International and U.S. IPUMS, the North Atlantic...

This article is in the first place an attempt to provide evidence of specialization on the basis of a number of Dutch maritime shipping sources. Related topics such as employment, the question of demand and supply, the characteristics of good streams or the everlasting “homeport of the ship or...

In this paper, I try to substantiate the necessity of studying early-modern maritime shipping as an integral economic activity, by which I mean that early-modern maritime shipping is defined not only by the nodes it connects nor by its own social structures exclusively, but by both elements at...

We study the effect of legally irrelevant events on the sentencing outcomes of around 2,500 individual defendants, heard before the People's Court in Nazi Germany. Our analysis exploits exogeneous variation in battle deaths and estimates their effect on the likelihood of receiving the death...

Exploring heterogeneity in the impact of a technology is a first step towards understanding conditions under which this technology is conducive to economic development. This article shows that colonial railroads in Nigeria have large long-lasting impacts on individual and local development in...

This paper shows that the notion of rate of return is best understood through the lens of the average-internal-rate-of-return (AIRR) model, first introduced in Magni (2010a). It is an NPV-consistent approach based on a coherent definition of rate of return and on the notion of Chisini mean, it...