Economic and security consequences of supreme values

Arye L. Hillman

Research output: Contribution to journalArticlepeer-review

27 Scopus citations

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.

Original languageEnglish
Pages (from-to)259-280
Number of pages22
JournalPublic Choice
Volume131
Issue number3-4
DOIs
StatePublished - Jun 2007

Keywords

  • Cultural relativism
  • Demographic contestability
  • Economic growth
  • Gender relations
  • Institutions
  • Oil wealth
  • Personal security
  • Radical Islam
  • Rent protection
  • Rent seeking
  • Supreme values

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