How a Medieval Scholar Understood Your Bank Account Better Than Your Financial Advisor
Modern financial systems feel broken not because people are careless, but because money itself is built on fragile belief. This article uses the insights of Imam al-Ghazali to show how wealth, incentives, and trust interact, and why societies can look prosperous while quietly rotting underneath. By tracing patterns from medieval Baghdad to modern banking, it explains how money stops working when circulation slows, incentives reward harm, and currencies are quietly diluted. The piece reframes today’s financial anxiety as a structural and moral problem, not a personal failure, and argues that awareness, not panic, is the only real advantage.

Ali Hussain
September 25, 2015