エピソード

  • 1. The Forgotten Economists
    2025/01/06
    Did you know that a 14th-century Muslim scholar described supply and demand, the division of labor, and the labor theory of value, four hundred years before Adam Smith? In this pilot episode, we trace the entire arc of Islamic economic thought: from the bustling markets of pre-Islamic Mecca and the Prophet Muhammad's career as a merchant, through the golden age of scholars like Abu Yusuf, Al-Ghazali, and Ibn Khaldun, to the colonial disruption and the remarkable modern revival of Islamic finance.
    続きを読む 一部表示
    14 分
  • 2. The Marketplace of Medina
    2025/01/13
    When Prophet Muhammad arrived in Medina in 622 CE, the marketplace was a place where the clever merchant won and ordinary people lost. He transformed it entirely by establishing open access, banning sham bidding and hoarding, and creating the hisbah system of market inspectors. Discover how 7th-century marketplace reforms created the foundation for Islamic commercial law.
    続きを読む 一部表示
    17 分
  • 3. The House of Wisdom
    2025/01/20
    In the 9th century, Baghdad had cheques, bills of exchange, international money transfers, and venture capital, all without interest. Explore how Caliph Harun al-Rashid built the world's first multicultural economic hub, how Abu Yusuf revolutionized tax policy, and how the hawala system moved money across continents on trust alone.
    続きを読む 一部表示
    14 分
  • 4. Coins of the Caliphate
    2025/01/27
    In 696 CE, Caliph Abd al-Malik ibn Marwan made a bold decision: replace the Byzantine and Persian coins circulating in Islamic lands with purely Islamic coinage. The gold dinar and silver dirham became the most trusted currencies of the medieval world. Discover how Al-Ghazali articulated the principle later known as Gresham's Law, and how Al-Maqrizi conducted one of history's first studies of inflation.
    続きを読む 一部表示
    20 分
  • 5. Caravans to Cathay
    2025/02/03
    In 1324, Mansa Musa of Mali crossed the Sahara with 60,000 people and so much gold that he crashed the precious metals market in Cairo. His journey was just one moment in a much larger story: the greatest pre-modern trading bloc in history. Journey across the Silk Road, the Indian Ocean dhow routes, and the trans-Saharan gold trade with Ibn Battuta as our guide.
    続きを読む 一部表示
    16 分
  • 6. The Waqf: A Thousand Years of Charity
    2025/02/10
    By the Ottoman peak, an estimated one-third of all productive land was waqf property: irrevocable charitable endowments funding free hospitals, universities, soup kitchens, and water infrastructure. The Suleymaniye Complex, Al-Azhar University, and countless others operated for centuries on this principle. Then European colonial powers systematically dismantled it. This is the story of institutional memory, loss, and potential recovery.
    続きを読む 一部表示
    21 分