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Author Rubin, Jared T., author.

Title Rulers, religion, and riches : why the West got rich and the Middle East did not / Jared Rubin, Chapman University
Published New York : Cambridge University Press, 2017

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Description 1 online resource (273 pages)
Series Cambridge studies in economics, choice, and society
Cambridge studies in economics, choice, and society.
Contents 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 Reformation -- Success: England & the Dutch Republic -- Stagnation: Spain & the Ottoman Empire
Summary 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 is not to blame; the importance of religious legitimacy in Middle Eastern politics was the primary culprit. Muslim religious authorities were given an important seat at the political bargaining table, which they used to block important advancements such as the printing press and lending at interest. In Europe, however, the Church played a weaker role in legitimizing rule, especially where Protestantism spread (indeed, the Reformation was successful due to the spread of printing, which was blocked in the Middle East). It was precisely in those Protestant nations, especially England and the Dutch Republic, where the modern economy was born
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Economics -- Europe, Western -- Religious aspects
Economics -- Middle East -- Religious aspects
Rule of law -- Europe, Western
Rule of law -- Middle East
Economic history
Economics -- Religious aspects
Rule of law
SUBJECT Europe, Western -- Economic conditions. http://id.loc.gov/authorities/subjects/sh98008036
Middle East -- Economic conditions. http://id.loc.gov/authorities/subjects/sh86008065
Subject Western Europe
Middle East
Form Electronic book
ISBN 9781139568272
1139568272
110703681X
9781107036819
1108400051
9781108400053
1108165060
9781108165068
1108166679
9781108166676