Nobel Prize Winner in Economic Sciences in 2005, Professor Aumann explored the relationship between Judaism, economics and the current worldwide financial downturn. Professor Aumann: Judaism subscribes to market philosophy, contains blueprint for solving today's economic woes.
@mottoncouthUSA "it's not a free market, but a pure market" (meaning you do not regulate the price, but you do regulate fair weights, measures, quality standards, etc.)
dlbijl 1 year ago
Exelente !
bellinivernon 2 years ago
It must be added that Hillel did not AMEND the Mosaic Law. That is forbidden. He did find a legal loophole, by transforming a PRIVATE loan into a GOVERNMENT loan, which was not cancelable in the Sabbatical Year. The original practice actually worked for over 400 years, from the time of King Solomon till the Babylonian Exile. Quite a remarkable degree of trust between Jews in those days!
chodeshadar18 2 years ago
Cool video. I'm a big fan of free markets.
mottoncouthUSA 3 years ago