Economic Efficiency in Jewish Law

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Date:
December 08 2020
Length:
1h 38min 48s
Downloads:
21
Views:
1607
Comments:
2

Series: Daily Shiur

Venue: YU Wilf Campus YU Wilf Campus

Gemara:
Bava Metzia 

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    1. Title: What are 'economic values'?
      Author: Moshe Wise
      Reply

      Economics is an intellectual tradition which analyzes the allocation of scarce resources which have alternative uses. This analysis is descriptive (and sometimes predictive) but not prescriptive and therefore there is no such thing as 'economic values' in the sense of a moral or political position on the dilemmas of life.

    2. Title: What are 'economic values'?
      Author: Moshe Wise
      Reply

      Economics is an intellectual tradition which analyzes the allocation of scarce resources which have alternative uses. This analysis is descriptive (and sometimes predictive) but not prescriptive and therefore there is no such thing as 'economic values' in the sense of a moral or political position on the dilemmas of life.

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