The Jewish View of the Economy

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Is there an authentically Jewish view of economics? Peter Berkowitz of the Hoover Institution argued during Tikvah’s advanced institute “Liberalism, Conservatism, and the Jews” that there is and there isn’t. As with medical care, there are technical dilemmas in economics that do not have an authentically Jewish solution, like the granular questions of monetary policy or the question of how to efficiently regulate. Judaism can, however, cultivate virtues that improve economic well-being and make up for the downsides of capitalism.

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