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The Economics of Religion, Jewish Survival and Jewish Attitudes Toward Competition in Torah Education

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Dennis W. Carlton
Avi Weiss

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Abstract

This paper examines the attitude of Jewish law to competition in light of the economist's understanding of the benefits of competition and of the beneficiaries from intervention in the competitive process. The punchline of this paper is simple. Although Judaism has used a whole host of restrictions on competition and has had its share of legislation to promote private interests, there has been one area that has generally been a consistent exception to impediments to competition -- the teaching of Torah. This exception is all the more remarkable because those who were in a position to influence the legislation often stood to benefit from such restrictions. From this stress on teaching, we show that the foundation was laid for the survival and perpetuation of Judaism.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7863.

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Date of creation: Aug 2000
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Handle: RePEc:nbr:nberwo:7863

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  1. Bulow, Jeremy I & Geanakoplos, John D & Klemperer, Paul D, 1985. "Multimarket Oligopoly: Strategic Substitutes and Complements," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 488-511, June. [Downloadable!] (restricted)
  2. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Gary S. Becker & Kevin M. Murphy, 1986. "A Theory of Rational Addiction," University of Chicago - George G. Stigler Center for Study of Economy and State 41, Chicago - Center for Study of Economy and State.
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  4. Laurence R. Iannaccone, 1998. "Introduction to the Economics of Religion," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1465-1495, September. [Downloadable!] (restricted)
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  1. Maristella Botticini & Zvi Eckstein, 2003. "From Farmers to Merchants: A Human Capital Interpretation of Jewish Economic History," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-124, Boston University - Department of Economics. [Downloadable!]
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  2. Botticini, Maristella & Eckstein, Zvi, 2004. "Jewish Occupational Selection: Education, Restrictions, or Minorities?," IZA Discussion Papers 1224, Institute for the Study of Labor (IZA). [Downloadable!]
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