The Destruction of Timbaktu Contributed by Prof. Dr. Nazeer Ahmed, PhD The ransom received by Ahmed al Mansur al Sa’adi from the Portuguese at the Battle of al Qasr al Kabir (1578) provided him only temporary financial relief. The traditional sources of income for the emir, namely trade and agriculture, were increasingly out of his reach. In the north, the Mediterranean trade was...

The Rise of the Global Credit Economy Contributed by Prof. Dr. Nazeer Ahmed, PhD Civilization moves in epochs. In each epoch, the rules of competition are different. What drives the global civilization today is economic centralization, and the aristocrats of this drive are the bankers. The merchant, the industrialist, the soldier, the teacher and the mullah are all beholden to...