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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...
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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...
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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?
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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
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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?
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As we see it, there are 3 recent theories that hit on important aspects of the divergence...
1/
New CEPR Discussion Paper - DP15802
— CEPR (@cepr_org) February 14, 2021
Culture, Institutions & the Long Divergence@albertobisin @nyuniversity, Jared Rubin @jaredcrubin @ChapmanU, Avner Seror @SerorAvner @amseaixmars @univamu, Thierry Verdier @PSEinfohttps://t.co/lhs6AJb7jE#CEPR_DE, #CEPR_EH, #CEPR_ITRE pic.twitter.com/FtMzAELljJ
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/
(1/50)
#Cardano āUnderstanding Kamaliā
#Cardano will be the underpinning of the emergence of Africa.
To grasp the full weight of the SOLUTIONS #Cardano can provide it is pertinent to read āUnderstanding Africaā as I will draw directly from the PROBLEMS laid out.
(2/50)
Here is a link if you have not already read
(3/50)
What I will attempt to do here, is to create an immersive world for you to be placed in to grasp the weight and size of problems from the ground level and then take a grass-roots approach at solving them using #Cardano and its technology.
(4/50)
As an investor and community member of #Cardano, this should be extremely important to you as you have a stake (pun intended) in this.
āYou are paid in direct proportion to the difficulty of the problems you solveā - @elonmusk
(5/50)
In Africa, agribusiness, more than any other sector, has the potential to reduce poverty and drive economic growth. Agriculture accounts for nearly half of the continentās gross domestic product and employs 60 percent of the labor force.
#Cardano āUnderstanding Kamaliā
#Cardano will be the underpinning of the emergence of Africa.
To grasp the full weight of the SOLUTIONS #Cardano can provide it is pertinent to read āUnderstanding Africaā as I will draw directly from the PROBLEMS laid out.
(2/50)
Here is a link if you have not already read
(1/38) #Cardano \u201cUnderstanding Africa\u201d (Part 1 of 2)
— FatCat (@fatcatofcrypto) February 10, 2021
This thread will be split into two parts with the 2nd coming out on Sunday.
Part 1 will layout the pervasive PROBLEMS Africa faces whereas Part 2 will apply direct technologies @InputOutputHK can implement as SOLUTIONS. pic.twitter.com/n3I91bnddq
(3/50)
What I will attempt to do here, is to create an immersive world for you to be placed in to grasp the weight and size of problems from the ground level and then take a grass-roots approach at solving them using #Cardano and its technology.
(4/50)
As an investor and community member of #Cardano, this should be extremely important to you as you have a stake (pun intended) in this.
āYou are paid in direct proportion to the difficulty of the problems you solveā - @elonmusk
(5/50)
In Africa, agribusiness, more than any other sector, has the potential to reduce poverty and drive economic growth. Agriculture accounts for nearly half of the continentās gross domestic product and employs 60 percent of the labor force.
Every single public defender. Every single day.
Bail arguments, motions, oral arguments, hearings. Judges donāt know, follow, or care about the law. Prosecutors are willing to take advantage of it. And mandatory minimums, withheld evidence, & pretrial detention coerces people to plead before trial. When theres a jury. A shot.
But defenders still fight. And still win. Most times wins arenāt āJustice.ā Itās power of repetition of argument in front of same judges. Introducing those in power to the people they oppress. Not just a RAP sheet or words on a page. Defenders make it harder to be brutal & cruel.
I worked as a public defender at an office as well resourced as any in the country. Social workers, team of investigators, a reentry team, support staff, specialist attorneys in immigration, housing, education, family. Relatively low caseloads (80-100). And yet still injustice.
Most think that balancing the scales of justice means more funding for defenders. Thats part of it. Enough a attorneys to actually be at bail hearings. Wrap around services to be able to help people trapped in the system end up better off in their communities. Lower caseloads.
Raise your hand if you\u2019ve lost a case despite having the law, facts, quality lawyering, and justice on your side.
— Jon Feinberg (@JonFeinberg) February 13, 2021
Bail arguments, motions, oral arguments, hearings. Judges donāt know, follow, or care about the law. Prosecutors are willing to take advantage of it. And mandatory minimums, withheld evidence, & pretrial detention coerces people to plead before trial. When theres a jury. A shot.
But defenders still fight. And still win. Most times wins arenāt āJustice.ā Itās power of repetition of argument in front of same judges. Introducing those in power to the people they oppress. Not just a RAP sheet or words on a page. Defenders make it harder to be brutal & cruel.
I worked as a public defender at an office as well resourced as any in the country. Social workers, team of investigators, a reentry team, support staff, specialist attorneys in immigration, housing, education, family. Relatively low caseloads (80-100). And yet still injustice.
Most think that balancing the scales of justice means more funding for defenders. Thats part of it. Enough a attorneys to actually be at bail hearings. Wrap around services to be able to help people trapped in the system end up better off in their communities. Lower caseloads.
Missouri AG Eric Schmitt
Tweet him: @AGEricSchmitt
Call Him: 573-751-3321
#SeditiousSeventeen
2/
Alabama AG Steve Marshall
Tweet him: @AGSteveMarshall
Call him: 334-242-7300
#SeditiousSeventeen
3/
Arkansas AG Leslie Rutledge
Tweet her: @AGRutledge
Call her: (501) 682-2007
Email her: [email protected]
#SeditiousSeventeen
4/
Florida AG Ashley Moody
Tweet her: @AGAshleyMoody
Call her: 850-414-3300
#SeditiousSeventeen
5/
Nebraska AG Douglas Peterson
Tweet him: @AGDougPeterson
Call him: (402) 471-2683
#SeditiousSeventeen
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Tweet him: @AGEricSchmitt
Call Him: 573-751-3321
#SeditiousSeventeen
2/
Alabama AG Steve Marshall
Tweet him: @AGSteveMarshall
Call him: 334-242-7300
#SeditiousSeventeen
3/
Arkansas AG Leslie Rutledge
Tweet her: @AGRutledge
Call her: (501) 682-2007
Email her: [email protected]
#SeditiousSeventeen
4/
Florida AG Ashley Moody
Tweet her: @AGAshleyMoody
Call her: 850-414-3300
#SeditiousSeventeen
5/
Nebraska AG Douglas Peterson
Tweet him: @AGDougPeterson
Call him: (402) 471-2683
#SeditiousSeventeen
6/