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Posts Tagged ‘corporations’
Timur Kuran on Islamic Law & Economic Development
In the 10th century, Europe and the Middle East had comparable levels of economic development. Over the next several centuries, however, Christian Europe raced ahead of Muslim societies, developing the institutions that led to the Industrial Revolution and modern capitalism. Timur Kuran (Duke University) explains the role that Islamic Law played in this “long divergence.” [ READ THE FULL ARTICLE ] Timur Kuran on Islamic Law and Economic Development
In the 10th century, Europe and the Middle East had comparable levels of economic development. Over the next several centuries, however, Christian Europe raced ahead of Muslim societies, developing the institutions that led to the Industrial Revolution and modern capitalism. Timur Kuran (Duke University) explains the role that Islamic Law played in this “long divergence.” (To download, right click on the button at the right and choose “save target as…”) [ READ THE FULL ARTICLE ] |
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