51 min

RELIGION AND DEVELOPMENT Ideas Untrapped

    • Social Sciences

How Religion shapes and influences the trajectory of a country's development path is a subject I have long been curious about - and I found persuasive answers in the work of Economic Historian Jared Rubin. Jared's book is a tour de force on how rulers and elites use religious legitimacy to propagate their rule - and the developmental implications of such equilibrium. The first part of our conversation is to get him to explain some of the fundamental concepts of his book and analysis. It is impossible to capture his work in a single conversation, so curious listeners can check out his book - and his excellent blog posts here, here, and here. He also has a new book out with previous podcast guest, Mark Koyama (episode here).
You can also get the podcast on all the popular platforms like Spotify, Google Podcast, Apple Podcast, and the rest. The transcript of the conversation is available below. Thank you for listening and for your support.

TRANSCRIPT
Tobi;
Welcome to Ideas Untrapped podcast my guest today is Jared Rubin. Jared is an economics professor at Chapman University in California. He's an economic historian, and he has written a wonderful book titled Rulers, Religion and Riches: Why the West Got Rich and the Middle East Did Not. Welcome to the show, Jared.
Jared;
Thank you. It's great to be here. It really is.
Tobi;
Kind of like [an] obvious first question is why religion, really? I mean, so religion has always been this largely accepted but not really systematically defined or studied aspect of the society, especially when it comes to its influence on institutions and economic development. So what motivated you along this line of research?
Jared;
Yeah, so this goes back a long way. Religion is something I've always been interested in. Not necessarily, for me, a personal conviction and I'll be fine if it were, but it's been something mainly because I've had a hard time understanding its impact. It's something that very obviously influences decision making.
So from my undergraduate days, I was interested in economics, which I view as, kind of, how and why people make decisions. And I was also interested in religion for actually similar reasons because it clearly influenced the way that people made decisions.
So I took a lot of courses on various religious topics in undergraduate, but it was something that when I went to get my PhD in economics I never really thought I would pursue. I didn't think that it was something that economists studied.
And then in my second year of graduate school, I took a class from who would eventually become my advisor, [...] Wright, who has done work on religion in the past, particularly the role that Islamic and Christian cultural attributes fed into economic development in the medieval period and my mind was blown that you could do this, that some economists took religion seriously.
So I went to him, this was probably 2003 and I told him that I wanted to do a dissertation on religion and economic development over time. And at the time, precisely the setup to your question, he told me - that's fine if that's what you want to do, and that's what you're interested in, but know that you're going to have a hard time getting a job?
Because there were very few economists at the time that were interested in religion. I mean, you could probably count them on two hands, the economists seriously thought about religion... which in retrospect, is kind of mind-blowing.
For me, especially, thinking about medieval Europe, say... I don't understand how you can think about European economic development in the medieval period without thinking of the role of the church.
If you think about almost any aspect of Middle Eastern economic history since the spread of Islam, very hard to think through the mechanisms through which growth either happens or doesn't without thinking about the role of Islam, and particularly religious authorities.
So I decided to go down this path anyway. I knew that it was

How Religion shapes and influences the trajectory of a country's development path is a subject I have long been curious about - and I found persuasive answers in the work of Economic Historian Jared Rubin. Jared's book is a tour de force on how rulers and elites use religious legitimacy to propagate their rule - and the developmental implications of such equilibrium. The first part of our conversation is to get him to explain some of the fundamental concepts of his book and analysis. It is impossible to capture his work in a single conversation, so curious listeners can check out his book - and his excellent blog posts here, here, and here. He also has a new book out with previous podcast guest, Mark Koyama (episode here).
You can also get the podcast on all the popular platforms like Spotify, Google Podcast, Apple Podcast, and the rest. The transcript of the conversation is available below. Thank you for listening and for your support.

TRANSCRIPT
Tobi;
Welcome to Ideas Untrapped podcast my guest today is Jared Rubin. Jared is an economics professor at Chapman University in California. He's an economic historian, and he has written a wonderful book titled Rulers, Religion and Riches: Why the West Got Rich and the Middle East Did Not. Welcome to the show, Jared.
Jared;
Thank you. It's great to be here. It really is.
Tobi;
Kind of like [an] obvious first question is why religion, really? I mean, so religion has always been this largely accepted but not really systematically defined or studied aspect of the society, especially when it comes to its influence on institutions and economic development. So what motivated you along this line of research?
Jared;
Yeah, so this goes back a long way. Religion is something I've always been interested in. Not necessarily, for me, a personal conviction and I'll be fine if it were, but it's been something mainly because I've had a hard time understanding its impact. It's something that very obviously influences decision making.
So from my undergraduate days, I was interested in economics, which I view as, kind of, how and why people make decisions. And I was also interested in religion for actually similar reasons because it clearly influenced the way that people made decisions.
So I took a lot of courses on various religious topics in undergraduate, but it was something that when I went to get my PhD in economics I never really thought I would pursue. I didn't think that it was something that economists studied.
And then in my second year of graduate school, I took a class from who would eventually become my advisor, [...] Wright, who has done work on religion in the past, particularly the role that Islamic and Christian cultural attributes fed into economic development in the medieval period and my mind was blown that you could do this, that some economists took religion seriously.
So I went to him, this was probably 2003 and I told him that I wanted to do a dissertation on religion and economic development over time. And at the time, precisely the setup to your question, he told me - that's fine if that's what you want to do, and that's what you're interested in, but know that you're going to have a hard time getting a job?
Because there were very few economists at the time that were interested in religion. I mean, you could probably count them on two hands, the economists seriously thought about religion... which in retrospect, is kind of mind-blowing.
For me, especially, thinking about medieval Europe, say... I don't understand how you can think about European economic development in the medieval period without thinking of the role of the church.
If you think about almost any aspect of Middle Eastern economic history since the spread of Islam, very hard to think through the mechanisms through which growth either happens or doesn't without thinking about the role of Islam, and particularly religious authorities.
So I decided to go down this path anyway. I knew that it was

51 min