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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.

Suggested Citation

  • Yazdani, Naveed & Mamoon, Dawood, 2012. "Economics, education and religion: can western theories be generalized across religions?," MPRA Paper 36793, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:36793
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    File URL: https://mpra.ub.uni-muenchen.de/36793/1/MPRA_paper_36793.pdf
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    References listed on IDEAS

    as
    1. McCleary, Rachel & Barro, Robert, 2002. "Religion and Political Economy in an International Panel," Scholarly Articles 3221170, Harvard University Department of Economics.
    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, vol. 5(2), pages 307-331, Fall.
    3. Smith, Ian & Sawkins, John W & Seaman, Paul T, 1998. "The Economics of Religious Participation: A Cross-Country Study," Kyklos, Wiley Blackwell, vol. 51(1), pages 25-43.
    4. Stark, Rodney & Iannaccone, Laurence R & Finke, Roger, 1996. "Religion, Science, and Rationality," American Economic Review, American Economic Association, vol. 86(2), pages 433-437, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Economics; Education; Monotheist religions; Secularization hypothesis;

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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