Dr. Jared Rubin

Dr. Jared Rubin

Associate Professor, Co-director of the Institute for the Study of Religion, Economics, and Society
The George L. Argyros School of Business and Economics
Expertise: Economic History and Development; Christianity; Middle East; Institutions; Religion; Islam;
Phone: (714) 516-4530
The University of Virginia, Bachelor of Arts
Stanford University, Ph.D.


Jared Rubin is an economic historian interested in the political and religious economies of the Middle East and Western Europe. His research focuses on historical relationships between political and religious institutions and their role in economic development. He graduated with a Ph.D. in economics from Stanford University in 2007 and a B.A. from the University of Virginia in 2002. He is the Co-Director of Chapman University’s IRES and the former Executive Director and Program Chair of ASREC. His work has appeared in journals such as Review of Economic Studies, Review of Economics & Statistics, Economic Journal, Management Science, and many others. His forthcoming book, Rulers, Religion, and Riches: Why the West got rich and the Middle East did not (Cambridge University Press, 2016) explores the role that Islam and Christianity played in the long-run “reversal of fortunes” between the economies of the Middle East and Western Europe.

Recent Creative, Scholarly Work and Publications

“Islamic Law and Economic Development,” in: Research Handbook on the History of Corporate Law (edited by Harwell Wells), Northampton, MA: Edward Elgar Publishing, 17-32.
"Global Divergence and Economic Change,” in: An Economist’s Guide to Economic History (edited by Matthias Blum and Chris Colvin), New York: Palgrave Macmillan, forthcoming.
“The Political and Economic Consequences of Religious Legitimacy,” in: Advances in the Economics of Religion (edited by Jean-Paul Carvalho, Sriya Iyer, and Jared Rubin), New York: Palgrave Macmillan, forthcoming.
“Introduction,” in: Advances in the Economics of Religion (edited by Jean-Paul Carvalho, Sriya Iyer, and Jared Rubin), New York: Palgrave Macmillan, 2018, forthcoming.
Advances in the Economics of Religion, (co-edited with Sriya Iyer and Jean-Paul Carvalho), New York: Palgrave Macmillan.
“Review of Bas van Bavel, The Invisible Hand? How Market Economies Have Emerged and Declined since AD 500,” EH.Net Economic History Services, May 18, 2018.
“Loss Aversion and the Quantity-Quality Trade-off,” (with Anya Samek and Roman Sheremeta), Experimental Economics, 21(2), 292-315.
“The Financial Power of the Powerless: Socio-Economic Status and Interest Rates under Partial Rule of Law,” (with Timur Kuran), Economic Journal, 128(609), 758-796.
“The Financial Power of the Powerless,” (with Timur Kuran), VoxEU, April 28, 2018.
Rulers, Religion, and Riches: Why the West Got Rich and the Middle East Did Not, Cambridge University Press.
“The Protestant Reformation’s Impact in Europe,” (with Sascha O. Becker), in: The Long Economic Shadow of History (edited by Stelios Michalopoulos and Elias Papaioannou), VOX E-book, pp. 63-70, 2017.
“Review of Metin Cosgel and Bogaç Ergene, The Economics of Ottoman Justice: Settlement and Trial in the Sharia Courts,” EH.Net Economic History Services, June 13, 2017.
"Why the West Got Rich and the Middle East Did Not," Cambridge University Press 1584 Blog, May 25, 2017.
“Review of Murat Iyigun, War, Peace, and Prosperity in the Name of God,” Journal of Economic History 76(3), 953-954.
“Principal-Agent Settings with Random Shocks,” (with Roman Sheremeta), Management Science, 62(4), pp. 985-999.
“Religious Identity and the Provision of Public Goods: Evidence from the Indian Princely States,” (with Latika Chaudhary,) Journal of Comparative Economics, 44(3), 461-483.
“Causes and Consequences of the Protestant Reformation,” (with Sascha O. Becker and Steven Pfaff), Explorations in Economic History, 62, 1-25.
“Bills of Exchange, Financial Networks, and Quasi-Impersonal Exchange in Western Europe and the Middle East,” in: Union in Separation - Diasporic Groups and Identities in the Eastern Mediterranean (1100-1800) (edited by Georg Christ, Franz-Julius Morche, Roberto Zaugg, Wolfgang Kaiser, Stefan Burkhardt, and Alexander D. Beihammer), Rome: Viella, pp. 545-553.
“Review of Murat Iyigun, War, Peace, and Prosperity in the Name of God,” EH.Net Economic History Services, August 13, 2015.
“Commitment Problems in Conflict Resolution,” (with Erik Kimbrough, Roman Sheremeta, and Timothy Shields), Journal of Economic Behavior and Organization, 112: pp. 33-45
“Sustaining Group Reputation,” (with Erik Kimbrough), Journal of Law, Economics, and Organization, 31(3), pp. 599-628.
“Islamic Institutions and Underdevelopment,” in: Handbook on Islam and Economic Life (edited by M. Kabir Hassan and Mervyn K. Lewis), Edward Elgar Publishing, pp. 593-609
“Centralized Institutions and Cascades,” Journal of Comparative Economics 42(2): pp. 340-357
"Printing and Protestants: an empirical test of the role of printing in the Reformation", Review of Economics and Statistics, 96(2), pp. 270-286
“Timur Kuran’s Framework and Economic Underdevelopment in the Islamic World,” in: The Annual Proceedings of the Wealth and Well-Being of Nations (edited by Joshua Hall), Beloit University Press, pp. 85-94
“Endogenous Group Formation via Unproductive Costs” (with Jason A. Aimone, Laurence R. Iannaccone, and Michael D. Makowsky), Review of Economic Studies, 80(4): pp. 1215-1236
“An Agent-Based Model of Centralized Institutions, Social Network Technology, and Revolution” (with Michael D. Makowsky), PLoS ONE 8(11): e80380
“Cooperation through unproductive costs,” with Jason A. Aimone, Laurence R. Iannaccone, and Michael D. Makowsky, OUPblog, July 11, 2013.
“Trade and Commerce,” in: The Princeton Encyclopedia of Islamic Political Thought (edited by Gerhard Bowering, Patricia Crone, Wadad Kadi, Devin J. Stuart, and Muhammad Qasim Zaman), Princeton University Press, pp. 552-554
"Political Legitimacy and Technology Adoption" (with Metin M. Cosgel and Thomas J. Miceli), Journal of Institutional and Theoretical Economics 168, no. 3: 339-361
“The Political Economy of Mass Printing: Legitimacy, Revolt, and Technological Change in the Ottoman Empire” (with Metin M. Cosgel and Thomas J. Miceli), Journal of Comparative Economics 40, no. 3: 357-371
“Review of Deirdre McCloskey, Bourgeois Dignity: Why Economics Can't Explain the Modern World,” EH.Net Economic History Services, February 23, 2011.
"Reading, Writing, and Religion: Institutions and Human Capital Formation" (with Latika Chaudhary), Journal of Comparative Economics 39, no. 1: 17-33
"Lessons from Delphi: Religious Markets and Spiritual Capitals" (with Laurence R. Iannaccone and Colleen E. Haight), Journal of Economic Behavior & Organization 77, no. 3: 326-338
"Institutions, the Rise of Commerce, and the Persistence of Laws: Interest Restrictions in Islam & Christianity" Economic Journal 121, no. 557: 1310-1339.
“Institutions, religion, and the rise of Europe vis-à-vis the Middle East: A long-run reversal of fortunes,” VoxEU, December 22, 2011.
"Bills of Exchange, Interest Bans, and Impersonal Exchange in Islam and Christianity", Explorations in Economic History 47, no. 2: 213-227
"Social Insurance, Commitment, and the Origin of Law: Interest Bans in Early Christianity", Journal of Law & Economics 52, no. 4: 761-777
"The Lender’s Curse: A New Look at the Origin and Persistence of Interest Bans in Islam and Christianity", Dissertation Summary, Journal of Economic History 68, no. 2: 575-579
"Restricting Access to Books on the Internet: Some Unanticipated Effects of U.S. Copyright Legislation" (with Paul A. David), Review of Economic Research on Copyright Issues 5, no. 1: 23-53