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29min chapter
Ep 349: The Incredible Insights of Timur Kuran
The Seen and the Unseen - hosted by Amit Varma
The Impact of Islamic Inheritance Laws on Economic Development
This chapter discusses how Islamic inheritance laws affect economic institutions and partnerships in the Middle East, leading to the dissipation of capital across generations and the hindrance of larger, more sustainable business initiatives. It explores the limited continuity in business dynasties, the absence of legal systems supporting larger partnerships, and the slow adoption of innovations from the West.
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Discover
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