Timur Kuran (Duke University) discusses the movement known as Islamic economics, focusing on its origins, policy prescriptions, and consequences. We survey the thought of Sayyid Abul-Ala Mawdudi in the middle part of the 20th century, how his ideas spread and were institutionalized in the 1970s. Attention is paid specifically to Islamic banking, interest rates, and social welfare policies.

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Prof. Nathan J. Brown of George Washington University and the Carnegie Endowment for International Peace details the history and impact of the Muslim Brotherhood. We trace the origins of the Brotherhood back to the 1920s in Egypt through the regimes of Abdel Nasser and Anwar Sadat, and then through the Mubarak regime. Our discussion includes reflections on the role of the Muslim Brotherhood in the protests rocking Egypt in January and early February of 2011.

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