Economic and security consequences of supreme values

Arye Hillman ()

Public Choice, 2007, vol. 131, issue 3, 259-280

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

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 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (31)

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DOI: 10.1007/s11127-007-9167-8

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