Islamic economics
Virginia Postrel abstracts insights from a recent book on Islamic economics, in this New York Times column: "Economics and Islam"
- "...Islamists do offer economic and social prescriptions that can be subjected to the same analytical and empirical scrutiny as any other policies. That scrutiny is particularly important for Muslim countries where Islamists play a significant role in politics.
In a new book, "Islam and Mammon: The Economic Predicaments of Islamism" (Princeton University Press), Timur Kuran, professor of economics and law and the King Faisal professor of Islamic thought and culture at the University of Southern California, looks at the cluster of ideas known as Islamic economics.
This concept, he notes, is a 20th-century one, developed in India before independence..."
Comments