{"product_id":"economic-morality-and-jewish-law-9780199826865","title":"Economic Morality and Jewish Law","description":"\u003cem\u003eEconomic Morality and Jewish Law\u003c\/em\u003e 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\u003cbr\u003eworthiness 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\u003cbr\u003ethe applicable rule in Judaism's code of ethics. \u003cp\u003e\u003c\/p\u003eThis 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\u003cbr\u003eanalytic 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. \u003cp\u003e\u003c\/p\u003eThe 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\u003cbr\u003etheir ultimate prescriptions for certain economic issues.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Aaron Levine (1946-2011)\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press, USA\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/16\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 288\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.15lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.50w x 0.80d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780199826865\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThe late \u003cstrong\u003eAaron Levine\u003c\/strong\u003e was the Samson and Halina Bitensky Professor of Economics at Yeshiva University. A leading authority on Jewish commercial law, he published widely on the interface between economics and Jewish law, especially as it relates to public policy and modern business practices. A Phi Beta Kappa graduate of Brooklyn College, Dr. Levine earned his Ph.D. in Economics from New York University and was ordained in Jewish civil and ritual law at the Rabbi Jacob Joseph School. He was a member of the World Jewish Academy of Sciences and a recipient of the Irving M. Bunim Prize for Jewish Scholarship. In 1982, Dr. Levine was respondent to Milton Friedman in the Liberty Fund symposium on the Morality of the Market.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Oxford University Press, USA","offers":[{"title":"Hardcover","offer_id":40377901580403,"sku":"9.7802E+12","price":143.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_fc58dbf4-39ca-400f-9d0e-853f864b6ec5.jpg?v=1661261819","url":"https:\/\/bookstorenmore.com\/en-de\/products\/economic-morality-and-jewish-law-9780199826865","provider":"Bookstore N More","version":"1.0","type":"link"}