Profits and Prophets: Market Economics and Jewish Social Ethics

Profits and Prophets: Market Economics and Jewish Social Ethics

by Nancy Ruth Fox
ISBN-10:
3030405559
ISBN-13:
9783030405557
Pub. Date:
07/07/2020
Publisher:
Springer International Publishing
ISBN-10:
3030405559
ISBN-13:
9783030405557
Pub. Date:
07/07/2020
Publisher:
Springer International Publishing
Profits and Prophets: Market Economics and Jewish Social Ethics

Profits and Prophets: Market Economics and Jewish Social Ethics

by Nancy Ruth Fox
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Overview

This book is a study of potential, perceived, and real conflicts and similarities between market economics and Jewish social justice. The book’s ultimate focus is on public policy issues. In the first two chapters, the author presents the conceptual and theoretical foundations of market economics and Jewish social justice. Subsequent chapters analyze minimum wage, immigration, climate change, and usury from both market economics and Jewish social justice perspectives, discussing conflicts, and, if they exist, similarities.

Product Details

ISBN-13: 9783030405557
Publisher: Springer International Publishing
Publication date: 07/07/2020
Edition description: 1st ed. 2020
Pages: 116
Product dimensions: 5.83(w) x 8.27(h) x (d)

About the Author

Nancy Ruth Fox is Associate Professor in the Department of Economics at Saint Joseph's University, USA.

Table of Contents

Chapter 1: Profits and Prophets: Market Economics and Jewish Social Ethics

Chapter 2: What’s So Good about the Market?

Chapter 3: Minimum Wage/Living Wage

Chapter 4: Immigration

Chapter 5: Climate

Chapter 6: Usury

Chapter 7: Conclusion

What People are Saying About This

From the Publisher

“Economics emphasizes the ‘me.’ Judaism, not unlike Christianity, emphasizes the ‘we.’ You might think the two perspectives are always at loggerheads, which they sometimes are. But Fox’s beautifully written little book points out important places where Judaism and economics mesh. As a Jewish economist, I was glad to learn of my errors!” (Alan S. Blinder, Gordon S. Rentschler Memorial Professor of Economics and Public Affairs, Princeton University)

“As an economist who integrates the Catholic Social Tradition into my teaching and research, I encourage others interested in economic justice questions to read this work in order to gain a deeper understanding the Jewish Social Justice tradition and its applicability to contemporary questions, such as income inequality, environmental protection, and immigration.” (Margarita M. Rose, Professor of Economics, King's College)

“Hirschfeld's Aquinas and the Market and Tanner's Christianity and the New Spirit of Capitalism have notably advanced critical reflection on the constructive relations between religious ethics and economics. Now in Profits and Prophets, Fox offers her own fine contribution. Mining the rich resources of Jewish traditions and drawing on her own professional expertise as an economist, Fox discusses such timely topics as immigration policy, the minimum wage, environmental damage, and usury (read payday loans) with clarity and insight.” (William Werpehowski, McDevitt Professor of Catholic Theology, Georgetown University)

“For those seeking to address current economic policy issues by drawing on the Jewish social ethics tradition, Profits and Prophets offers a cogent way forward. It provides an attractive entry into modern economic thinking on the social benefits and possible costs of market-based policies, while recognizing and discussing the complexities of contrasting market norms with the end values of Jewish social teaching. This book will advance current scholarship in the arena of Jewish social ethics applied to economic policy challenges such as immigration, climate change, and payday lending.” (Edd Noell, Professor of Economics, Westmont College)

“This book is meticulously researched and passionately argued. We live in a time when more and more people are demanding of historic faith traditions a moral compass on how we can create a more compassionate and just world. Fox does that admirably on behalf of the Jewish tradition in this book.” (Rabbi Sid Schwarz, Senior Fellow, Hazon: The Jewish Lab for Sustainability)

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