Monday, March 7, 2011

Kristof on Islam and economic growth

Nicholas Kristof has a great column in Sunday's NYT.
Note the role of the accumulation of capital.

He has a brief follow-up in his blog today.

1 comment:

  1. It is interesting that a more equitable distribution of (inheritance) wealth could have led to overall lower growth. Context is everything, I reckon.

    Also, can't resist saying something about:

    "Professor Kuran’s research suggests that, at least looking forward, the more correct view is: Islam isn’t the problem and it isn’t the solution, it’s simply a religion."

    Anything with the power to to shape beliefs and actions on such a scale as to be labelled one of the world's major religions is not simple. When trying to understand the decisions people make, I don't see why one would dismiss the propositions those people want to identify with and live by - regardless of what one thinks about the propositions themselves.