Articles in Economy
Ki Tavo: Faith and Trust
The Last Sermon
Shortly before his passing Moses addressed the nation: “You have seen all that the Lord has done before your eyes in the land of Egypt, to Pharaoh, to all his servants, and to all his land; the great trials which your eyes beheld and those great signs and wonders. …
What I Learned From The Near Stock Market Crash
The Roller Coaster
Yesterday we experienced a near stock market crash. Its one of the craziest half hours in stock exchange history; the Dow dropped nearly one thousand points, suffering what would have been it’s worst fall in seventeen months, before rebounding to recoup nearly all its losses. According to the …
Ki Tisa: Money Minded
The Golden Calf
In the desert our ancestors built and worshiped a golden calf. In our enlightened age we don’t deify calves or even gold for that matter, but in some ways we still behave as if gold were indeed the object of our worship.
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Shavuot: A Bailout Package
This essay was published in 2009,but its message is still relevant.
Economic Recovery?
“The economy is showing flickering signs of recovery.” Such was the news hesitantly delivered by Ben Bernanki, Chairman of the US Federal Reserve. Indeed, retail sales rose slightly in April. Auto and home sales are up again and major …
Vayikra: Humble Gratitude
The AIG Scandal
After accepting a one-hundred-and-sixty-billion dollar bailout from the United States Government, American Insurance Group distributed more than a hundred-million dollars in bonuses and retention fees to its employees; a move that infuriated the congress and the American Public.
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Vayeshev: Trickle Up Effect
Economic Realities
As the economy slows and sales decline in the Automobile Sector, Automakers lobby their governments for bailout packages. Here in Canada, Chrysler has petitioned the Government for an emergency loan of 1.6 billion dollars and added that if the loan is not approved Chrysler would be forced to shut …
Ki Teze: Why Usury is Forbidden
Brotherhood
Usury is not inherently wrong. On the contrary, it is critical to the conduct of business . Usury encourages banks to extend mortgages and loans, it enables entrepreneurs to establish or expand their business and it enables ordinary people to purchase homes and automobiles.
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B’har:Take Him at His Word
A Promise
We are commanded in this week’s Parsha to take a Sabbatical, every seven years, from farming and gardening. The Torah explains that there are weekly Sabbaticals and annual Sabbaticals and that in observing this Sabbatical we honor G-d as creator of the world.
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