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Judaism, Law & The Free Market: An Analysis [Kindle Edition]

Joseph Lifshitz
4.0 out of 5 stars  See all reviews (1 customer review)

Kindle Price: $5.99

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Book Description

Judaism and Jewish religious, legal, and moral principles are often regarded as translating into support for broadly social democratic economic positions. In Judaism, Law, and the Free Market, Joseph Isaac Lifshitz suggests that this claim is difficult to sustain once the traditional sources of Jewish wisdom are subject to careful analysis. From the standpoint of Judaism, Lifshitz states, there is no such thing as the perfect economic system. Looking, however, at the Jewish treatment of themes such as property rights, social welfare, charity, generosity, competition, and concepts of order, Lifshitz demonstrates that Judaism’s view of the market is more complicated—and favorable—than most people suppose.

Product Details

  • File Size: 410 KB
  • Print Length: 142 pages
  • Publisher: Acton Institute (April 20, 2012)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B007W9D892
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Not Enabled
  • Lending: Enabled
  • Amazon Best Sellers Rank: #492,818 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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1 of 1 people found the following review helpful
4.0 out of 5 stars Good analysis April 6, 2014
By fiery
Format:Kindle Edition|Verified Purchase
I started that book with mixed feelings due to the unusual title.

Book covers the following subjects: private property, charity, generosity (when charity becomes investment), competition and free vs controlled market. It's well written in an accessible language (excluding some Hebrew terms which author in most cases explains in brackets). Fists two chapters really got my attention, but the chapter on charity, in my opinion went into unnecessary details and somehow dragged my reading. However, the following chapters about generosity and competition regained my interest.

Even though, author has put a lot of effort to make that analysis, which I appreciate very much, I think that this book can only be used as a foundation for a deeper research.

Book ends with the following conclusion: "As we have seen, it is very difficult to extract a clear economic theory from Jewish sources. We find justification of market regulation on the one hand, a strong idea of property rights, on the other, and some overarching notion of market spontaneity. Can any meaningful conclusion be reached from these conflicting principles?" [And the conclusion continues].

If that has drawn your attention, then this book is for you.
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