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The ruler's power varied greatly in Islamic history over time and space. We explain these variations through a political economy approach to public finance, identifying factors affecting economic power and its constraints. An influential interest group capable of affecting the ruler's power was...
Persistent link: https://www.econbiz.de/10005005875
Consumption choices assist in solving the problem of how to convey and recognize religious identities. In the communication of an identity, individuals use the knowledge embedded in consumption norms, which restrict the range of choices to a smaller set and abbreviate the required knowledge for...
Persistent link: https://www.econbiz.de/10005446078
State and religion have historically had an uneasy relationship, at times being close allies, at others harsh adversaries, and at still others largely independent. This paper develops an economic model of this relationship, where the state's objective is to maximize net tax revenue. Religious...
Persistent link: https://www.econbiz.de/10008521171
Consumption institutions reflect socially constructed systems of rules that generate regularities in people's consumption behavior. This paper seeks to understand these institutions by using insights from recent developments in rhetorical analysis and the economics of institutions in order to...
Persistent link: https://www.econbiz.de/10009200425
Debtors’ prisons have been commonplace throughout history, including in the United States. While imprisonment for debt no doubt elicited some repayment by benefactors of the debtor, we argue that its primary function was to deter default in the first place by giving borrowers an incentive to...
Persistent link: https://www.econbiz.de/10010594580