Economic Analysis in Talmudic Literature by Roman A. Ohrenstein

By Roman A. Ohrenstein

This lucidly written learn is exclusive in that there's no publication extant through an monetary historian that discusses Talmudic economics within the mild of recent economics. Its significant concentration is at the complex debates, statements and rules that have been solid by means of the Talmudic Rabbis. This old storehouse of studying features a wealth of financial wisdom of contemporary sophistication. The ebook faucets those 'economic treasures' in terms of analytic inquiry. The authors, either monetary historians and economists, via their research of the unique dialectics within the Talmud, have been in a position to determine a variety of macro- and micro-economic principles of significant importance. those options whilst considered from both a modern or a contemporary point of view, demonstrate a unprecedented measure of perception and class. certainly, sections of the Talmud and the reflections of next commentators on these passages, include a wealth of monetary suggestion that was once later to turn into major within the reasoning of political economists, or in their specialist educational successors.

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3 G. , 1972), p. 317. 4 J. Lindblom, “Wisdom in the Old Testament Prophets,” in M. North and D. ), Wisdom in Israel and in the Ancient Near East (Leiden: Brill, 1969), p. 196. 5 M. Weinfeld, Deuteronomy and the Deuteronomic School (Oxford: Clarendon, 1972), p. 256. old wisdom and the written law 27 The origins and time of entry of Old Wisdom in Israel are matters of some contention. ). The sources, it is claimed, are Egyptian in the main, and the foundation of a local tradition was bound up with the need for formal schooling of civil servants on the Egyptian model.

Steinsaltz is considered one of the foremost Talmudic scholars of this generation. 32 See, Joseph J. , pp. 22–23 and his subsequent discussion “Excursus on Early Mathematics,” pp. 23–26. He also maintains that there is a correlation between the development of modern economics and the development of mathematics. Whereas, William Spiegel in, The Growth of Economic Thought the talmud, its method and related issues 21 mathematics in the Talmud is in order. It will illustrate the Rabbis’ propensity to think in mathematical and spatial categories—an important aspect of the economic process.

His wealth is not an extraneous factor nor an alien intrusion, but is a confirmation of his intrinsic merit as a sage and the position of commanding influence which he has attained. G. Lipsey, An Introduction to Positive Economics (London: Weidenfeld and Nicolson, 1979), p. 53. 11 This same insight concerning dearth and the irrelevance of economic calculation is offered by the Greek poet, Hesiod (c. ). On Hesiod, see, B. Gordon, Economic Analysis Before Adam Smith (London: Macmillan, 1975), p. 5.

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