Economic Morality and Jewish Law

Nonfiction, Social & Cultural Studies, Social Science, Demography, Religion & Spirituality, Judaism, Business & Finance, Economics
Cover of the book Economic Morality and Jewish Law by Aaron Levine (1946-2011), Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Aaron Levine (1946-2011) ISBN: 9780199996155
Publisher: Oxford University Press Publication: July 16, 2012
Imprint: Oxford University Press Language: English
Author: Aaron Levine (1946-2011)
ISBN: 9780199996155
Publisher: Oxford University Press
Publication: July 16, 2012
Imprint: Oxford University Press
Language: English

Economic Morality and Jewish Law compares the way in which welfare economics and Jewish law determine the propriety of an economic action, whether by a private citizen or the government. Espousing what philosophers would call a consequentialist ethical system, welfare economics evaluates the worthiness of an economic action based on whether the action would increase the wealth of society in the long run. In sharp contrast, Jewish law espouses a deontological system of ethics. Within this ethical system, the determination of the propriety of an action is entirely a matter of discovering the applicable rule in Judaism's code of ethics. This volume explores a variety of issues implicating morality for both individual commercial activity and economic public policy. Issues examined include price controls, the living wage, the lemons problem, short selling, and Ronald Coase's seminal theories on negative externalities. To provide an analytic framework for the study of these issues, the work first delineates the normative theories behind the concept of economic morality for welfare economics and Jewish law, and presents a case study illustrating the deontological nature of Jewish law. The book introduces what for many readers will be a new perspective on familiar economic issues. Despite the very different approaches that welfare economics and Jewish law take in evaluating the worthiness of an economic action, the author reveals a remarkable symmetry between the two systems in their ultimate prescriptions for certain economic issues.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Economic Morality and Jewish Law compares the way in which welfare economics and Jewish law determine the propriety of an economic action, whether by a private citizen or the government. Espousing what philosophers would call a consequentialist ethical system, welfare economics evaluates the worthiness of an economic action based on whether the action would increase the wealth of society in the long run. In sharp contrast, Jewish law espouses a deontological system of ethics. Within this ethical system, the determination of the propriety of an action is entirely a matter of discovering the applicable rule in Judaism's code of ethics. This volume explores a variety of issues implicating morality for both individual commercial activity and economic public policy. Issues examined include price controls, the living wage, the lemons problem, short selling, and Ronald Coase's seminal theories on negative externalities. To provide an analytic framework for the study of these issues, the work first delineates the normative theories behind the concept of economic morality for welfare economics and Jewish law, and presents a case study illustrating the deontological nature of Jewish law. The book introduces what for many readers will be a new perspective on familiar economic issues. Despite the very different approaches that welfare economics and Jewish law take in evaluating the worthiness of an economic action, the author reveals a remarkable symmetry between the two systems in their ultimate prescriptions for certain economic issues.

More books from Oxford University Press

Cover of the book Exodus by Aaron Levine (1946-2011)
Cover of the book Pause and Reset by Aaron Levine (1946-2011)
Cover of the book About to Die by Aaron Levine (1946-2011)
Cover of the book Archaic and Classical Greek Sicily by Aaron Levine (1946-2011)
Cover of the book A History of US: Making Thirteen Colonies by Aaron Levine (1946-2011)
Cover of the book Rabbinic Tales of Destruction by Aaron Levine (1946-2011)
Cover of the book Lighter as We Go by Aaron Levine (1946-2011)
Cover of the book Conducting Substance Use Research by Aaron Levine (1946-2011)
Cover of the book The Life Cycles of the Council on Environmental Quality and the Environmental Protection Agency by Aaron Levine (1946-2011)
Cover of the book The Code of Putinism by Aaron Levine (1946-2011)
Cover of the book A River Running West : The Life of John Wesley Powell by Aaron Levine (1946-2011)
Cover of the book Harriet Beecher Stowe by Aaron Levine (1946-2011)
Cover of the book Yemen Endures by Aaron Levine (1946-2011)
Cover of the book A History of Western Choral Music, Volume 1 by Aaron Levine (1946-2011)
Cover of the book Titian by Aaron Levine (1946-2011)
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy