Jewish historiography tends to stress the religious, cultural, and political aspects of the past. By contrast the “economy” has been pushed to the margins of the Jewish discourse and scholarship since the end of the Second World War. This volume takes a fresh look at Jews and the economy, arguing that a broader, cultural approach is needed to understand the central importance of the economy. The very dynamics of economy and its ability to function depend on the ability of individuals to interact, and on the shared values and norms that are fostered within ethnic communities. Thus this volume sheds new light on the interrelationship between religion, ethnicity, culture, and the economy, revealing the potential of an “economic turn” in the study of history.

The Economic History of European Jews offers a radical revision of demographics and economics. It explains how the presence of Jews was a limited one and their trade was just that, trade by Jews, not “Jewish Trade”.

This book is also a must-read to understand the nature of capitalism and the role religious values have played. Alan Dershowitz --

A Political and Economic History of the Jews of Afghanistan by Sara Koplik describes the situation of Jews in that country during the nineteenth and twentieth centuries, particularly 1839-1952. It examines the political, economic and social conditions they faced as religious minorities. The work focuses upon harsh governmental economic policies of the 1930s and 1940s spearheaded by 'Abd al-Majid Khan Zabuli which caused the impoverishment and suffering of both the local community and refugees from Soviet Central Asia. The question of Nazi influence in Afghanistan is addressed, with the author arguing that it was mainly limited to the economic sphere. An examination of the appeal of Zionism and the community's immigration to Israel is included.

Maristella Botticini and Zvi Eckstein show that, contrary to previous explanations, this transformation was driven not by anti-Jewish persecution and legal restrictions, but rather by changes within Judaism itself after 70 CE--most importantly, the rise of a new norm that required every Jewish male to read and study the Torah and to send his sons to school. Over the next six centuries, those Jews who found the norms of Judaism too costly to obey converted to other religions, making world Jewry shrink. Later, when urbanization and commercial expansion in the newly established Muslim Caliphates increased the demand for occupations in which literacy was an advantage, the Jews found themselves literate in a world of almost universal illiteracy. From then forward, almost all Jews entered crafts and trade, and many of them began moving in search of business opportunities, creating a worldwide Diaspora in the process.

This book addresses the educational, occupational, and income progress of Jews in the American labor market. Using theoretical and statistical findings, it compares the experience of American Jews with that of other Americans, from the middle of the 19th century through the 20th and into the early 21st century. Jews in the United States have been remarkably successful; from peddlers and low-skilled factory workers, clearly near the bottom of the economic ladder, they have, as a community, risen to the top of the economic ladder. The papers included in this volume, all authored or co-authored by Barry Chiswick, address such issues as the English language proficiency, occupational attainment and earnings of Jews, educational and labor market discrimination against Jews, life cycle and labor force participation patterns of Jewish women, and historical and methodological issues, among many others. The final chapter analyzes alternative explanations for the consistently high level of educational and economic achievement of American Jewry over the past century and a half. The chapters in this book also develop and demonstrate the usefulness of alternative techniques for identifying Jews in US Census and survey data where neither religion nor Jewish ethnicity is explicitly identified. This methodology is also applicable to the study of other minority groups in the US and in other countries.

How the fate of the Jews has been shaped by the development of capitalism The unique historical relationship between capitalism and the Jews is crucial to understanding modern European and Jewish history. But the subject has been addressed less often by mainstream historians than by anti-Semites or apologists. In this book Jerry Muller, a leading historian of capitalism, separates myth from reality to explain why the Jewish experience with capitalism has been so important and complex—and so ambivalent. Drawing on economic, social, political, and intellectual history from medieval Europe through contemporary America and Israel, Capitalism and the Jews examines the ways in which thinking about capitalism and thinking about the Jews have gone hand in hand in European thought, and why anticapitalism and anti-Semitism have frequently been linked. The book explains why Jews have tended to be disproportionately successful in capitalist societies, but also why Jews have numbered among the fiercest anticapitalists and Communists. The book shows how the ancient idea that money was unproductive led from the stigmatization of usury and the Jews to the stigmatization of finance and, ultimately, in Marxism, the stigmatization of capitalism itself. Finally, the book traces how the traditional status of the Jews as a diasporic merchant minority both encouraged their economic success and made them particularly vulnerable to the ethnic nationalism of the nineteenth and twentieth centuries. Providing a fresh look at an important but frequently misunderstood subject, Capitalism and the Jews will interest anyone who wants to understand the Jewish role in the development of capitalism, the role of capitalism in the modern fate of the Jews, or the ways in which the story of capitalism and the Jews has affected the history of Europe and beyond, from the medieval period to our own.

How an antisemitic legend gave voice to widespread fears surrounding the expansion of private credit in Western capitalism The Promise and Peril of Credit takes an incisive look at pivotal episodes in the West’s centuries-long struggle to define the place of private finance in the social and political order. It does so through the lens of a persistent legend about Jews and money that reflected the anxieties surrounding the rise of impersonal credit markets. By the close of the Middle Ages, new and sophisticated credit instruments made it easier for European merchants to move funds across the globe. Bills of exchange were by far the most arcane of these financial innovations. Intangible and written in a cryptic language, they fueled world trade but also lured naive investors into risky businesses. Francesca Trivellato recounts how the invention of these abstruse credit contracts was falsely attributed to Jews, and how this story gave voice to deep-seated fears about the unseen perils of the new paper economy. She locates the legend’s earliest version in a seventeenth-century handbook on maritime law and traces its legacy all the way to the work of the founders of modern social theory—from Marx to Weber and Sombart. Deftly weaving together economic, legal, social, cultural, and intellectual history, Trivellato vividly describes how Christian writers drew on the story to define and redefine what constituted the proper boundaries of credit in a modern world increasingly dominated by finance.