Heirs Eat Oats and Does Eat Oats

Professor of Economics and Political Science & Gorter Family Professor of Islamic Studies at Duke University Timur Kuran is visiting GMU this week thanks to the generosity of the Mercatus Center. He's sharing a paper on the institutional underpinnings of wealth outcome differences between Indian Muslims and Hindus (gated version here, ungated here). I urge interested readers to take a look. At the risk of oversimplifying the thesis, Kuran and Singh’s claim is that Hindu customs of business formation and inheritance proved more adaptable than Muslim to technological and organizational innovations brought by British rule.