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Economics, education and religion: can western theories be generalized across religions?

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  • Yazdani, Naveed
  • Mamoon, Dawood

Abstract

Some of the recent empirical studies relate economic growth and prosperity with religion. This paper raises the question that if economic systems are based on individualism and selfishness, can they be related with religion? The paper also finds that the Secularization hypothesis of Western Modernity is still valid for Western cultures, Judaism and Christianity but its application is highly unlikely in case of the third monotheist religion Islam. The paper expounds the causes of this proposition keeping in view the historical, religious and economic perspectives of Islam.

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File URL: http://mpra.ub.uni-muenchen.de/36793/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 36793.

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Date of creation: Feb 2012
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Handle: RePEc:pra:mprapa:36793

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Keywords: Economics; Education; Monotheist religions; Secularization hypothesis;

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  1. Stark, Rodney & Iannaccone, Laurence R & Finke, Roger, 1996. "Religion, Science, and Rationality," American Economic Review, American Economic Association, American Economic Association, vol. 86(2), pages 433-37, May.
  2. Ekelund, Robert B, Jr & Hebert, Robert F & Tollison, Robert D, 1989. "An Economic Model of the Medieval Church: Usury as a Form of Rent Seeking," Journal of Law, Economics and Organization, Oxford University Press, Oxford University Press, vol. 5(2), pages 307-31, Fall.
  3. McCleary, Rachel & Barro, Robert, 2002. "Religion and Political Economy in an International Panel," Scholarly Articles 3221170, Harvard University Department of Economics.
  4. Smith, Ian & Sawkins, John W & Seaman, Paul T, 1998. "The Economics of Religious Participation: A Cross-Country Study," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 51(1), pages 25-43.
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