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Economic and security consequences of supreme values

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  • Arye Hillman

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

Suggested Citation

  • Arye Hillman, 2007. "Economic and security consequences of supreme values," Public Choice, Springer, vol. 131(3), pages 259-280, June.
    • Handle: RePEc:kap:pubcho:v:131:y:2007:i:3:p:259-280
    DOI: 10.1007/s11127-007-9167-8
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    More about this item

    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;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East

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