For 3 1/2 years I watched as people build their Twitter accounts, I watched as they interacted with Potus drops visions of sugarplums danced in their heads with the taking down of the deep state and now with a couple minor setbacks they whine the plan isnt working. We have future

More from For later read

Excited we finally have a draft of this paper, which attempts to provide a 'unifying theory' of the long economic divergence between the Middle East & Western Europe

As we see it, there are 3 recent theories that hit on important aspects of the divergence...

1/


One set of theories focus on the legitimating power of Islam (Rubin, @prof_ahmetkuru, Platteau). This gave religious clerics greater power, which pulled political resources away form those encouraging economic development

But these theories leave some questions unanswered...
2/

Religious legitimacy is only effective if people
care what religious authorities dictate. Given the economic consequences, why do people remain religious, and thereby render religious legitimacy effective? Is religiosity a cause or a consequence of institutional arrangements?

3/

Another set of theories focus on the religious proscriptions of Islam, particular those associated with Islamic law (@timurkuran). These laws were appropriate for the setting they formed but had unforeseeable consequences and failed to change as economic circumstances changed

4/

There are unaddressed questions here, too

Muslim rulers must have understood that Islamic law carried proscriptions that hampered economic development. Why, then, did they continue to use Islamic institutions (like courts) that promoted inefficiencies?

5/
Daily Bookmarks to GAVNet 02/12/2021

Quantum causal loops

https://t.co/emX8OxKPl0

#loops #quantum

Large-scale commodity farming accelerating climate change in the Amazon

https://t.co/v3gA7OTP9E

#ClimateChange #forest #farm

Collapsed glaciers increase Third Pole uncertainties: Downstream lakes may merge within a decade

https://t.co/huAma56KeB

#glacier #lakes #ClimateChange

From trash to treasure: Silicon waste finds new use in Li-ion batteries

https://t.co/TkxKFDQMC6

#batteries #treasure #silicon #trash

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