Posts Tagged ‘communalism’


Timur Kuran on Islamic Law & Economic Development

In the 10th century, Europe and the Middle East had comparable levels of economic development. Over the next several centuries, however, Christian Europe raced ahead of Muslim societies, developing the institutions that led to the Industrial Revolution and modern capitalism. Timur Kuran (Duke University) explains the role that Islamic Law played in this “long divergence.”

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Robert Sirico on Markets, Morality, Faith & Freedom

Rev. Robert Sirico of the Acton Institute discusses his new book, “Defending the Free Market: The Moral Case for a Free Economy.” Our discussion delves into Fr. Sirico’s personal history, the nature of greed and envy, the role of profits in an economy, volutarism & individual charity, and why capitalism is a morally superior system than socialism. Along the way, we talk about the communal organization of the early Church Fathers, the Pilgrims, and Rev. Sirico’s thoughts on Ayn Rand. We conclude our discussion with an examination of President Bush’s faith-based initiative and the recent controversy involving the US Catholic bishops and the Obama administration’s health care mandates.

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Timur Kuran on Islamic Law and Economic Development

In the 10th century, Europe and the Middle East had comparable levels of economic development. Over the next several centuries, however, Christian Europe raced ahead of Muslim societies, developing the institutions that led to the Industrial Revolution and modern capitalism. Timur Kuran (Duke University) explains the role that Islamic Law played in this “long divergence.” (To download, right click on the button at the right and choose “save target as…”)

[ READ THE FULL ARTICLE ]
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