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Economic and security consequences of supreme values

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Author Info
Arye Hillman ()

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Abstract

Islamic societies have in contemporary times lagged Western societies in income, growth, and human-development indicators. The supreme values of radical Islam further de-prioritize economic achievement and impose self-deprivation on own populations. This paper investigates the reasons for economic outcomes under Islam. Contemporary illustrations are also provided of the self-deprivation predicted from pursuit of the supreme-value objectives of radical Islam. The self-deprivation is placed in a rent-seeking context. Copyright Springer Science+Business Media, LLC 2007

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File URL: http://hdl.handle.net/10.1007/s11127-007-9167-8
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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 131 (2007)
Issue (Month): 3 (June)
Pages: 259-280
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:pubcho:v:131:y:2007:i:3:p:259-280

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Web page: http://www.springerlink.com/link.asp?id=100332

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Related research
Keywords: Radical Islam; Institutions; Economic growth; Supreme values; Rent seeking; Rent protection; Oil wealth; Gender relations; Demographic contestability; Cultural relativism; Personal security; O1; Z12; N35;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    Other versions:
  9. Hans-Werner Sinn, 2004. "Migration, Social Standards and Replacement Incomes: How to Protect Low-income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration," NBER Working Papers 10798, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  11. Edward L. Glaeser & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "Do Institutions Cause Growth?," Journal of Economic Growth, Springer, vol. 9(3), pages 271-303, 09. [Downloadable!]
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  13. Acemoglu, Daron & Johnson, Simon & Robinson, James A, 2004. "Institutions as the Fundamental Cause of Long-Run Growth," CEPR Discussion Papers 4458, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  14. Guido Tabellini, 2005. "Culture and Institutions: Economic Development in the Regions of Europe," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  15. Kuran, Timur, 1996. "The Discontents of Islamic Economic Morality," American Economic Review, American Economic Association, vol. 86(2), pages 438-42, May. [Downloadable!] (restricted)
  16. Timur Kuran, 2004. "Why the Middle East Is Economically Underdeveloped: Historical Mechanisms of Institutional Stagnation," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 71-90, Summer. [Downloadable!] (restricted)
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  18. Chen, Andrew H. & Siems, Thomas F., 2004. "The effects of terrorism on global capital markets," European Journal of Political Economy, Elsevier, vol. 20(2), pages 349-366, June. [Downloadable!] (restricted)
  19. Arye L. Hillman, 2004. "Nietzschean Development Failures," Public Choice, Springer, vol. 119(3_4), pages 263-280, 06. [Downloadable!]
  20. Raphaël Franck & Arye Hillman & Miriam Krausz, 2005. "Public Safety And The Moral Dilemma In The Defense Against Terror," Defence and Peace Economics, Taylor and Francis Journals, vol. 16(5), pages 347-364, October. [Downloadable!] (restricted)
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Charles Rowley & Nathanael Smith, 2009. "Islam’s democracy paradox: Muslims claim to like democracy, so why do they have so little?," Public Choice, Springer, vol. 139(3), pages 273-299, June. [Downloadable!] (restricted)
  2. François Facchini, 2007. "Islam and private property," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00270475_v1, HAL. [Downloadable!]
  3. Efraim Benmelech & Claude Berrebi & Esteban F. Klor, 2009. "The Economic Cost of Harboring Terrorism," NBER Working Papers 15465, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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