Profits and Prophets Market Economics and Jewish Social Ethics
This book is a study of potential, perceived, and real conflicts and similarities between market economics and Jewish social justice. The book’s ultimate focus is on public policy issues. In the first two chapters, the author presents the conceptual and t
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Nancy Ruth Fox
Profits and Prophets
Nancy Ruth Fox
Profits and Prophets Market Economics and Jewish Social Ethics
Nancy Ruth Fox Department of Economics Saint Joseph’s University Philadelphia, PA, USA
ISBN 978-3-030-40555-7 ISBN 978-3-030-40556-4 (eBook) https://doi.org/10.1007/978-3-030-40556-4 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover pattern © Melisa Hasan This Palgrave Pivot imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
I dedicate this book to the memory of my parents, Seymour and Helen Fox. From dramatically different perspectives, they taught my siblings and me, their children, the Jewish values of family, education, and tikkun olam. We have instilled these values in our children, with hopes that they will do the same. It wasn’t until I became a parent myself that I realized how much of any success I have achieved is because of my own parents.
Preface
It began with a nun and continued with a rabbi. I was trained in conventional economics, teaching and writing in those fields, until the lucky day when Sr. Francis Joseph, of blessed memory, asked me to be the respondent to the Faith-Justice Outreach Lecture on the Tenth Anniversary of Economic Justice for All: Pastoral Letter on Catholic Social Teaching and the U.S. Economy. I felt up to the challenge of the economics in the document, but as a Jew, I had no knowledge of the theology, despite my many years at Saint Joseph’s University, a Jesuit, Catholic institution. I sought assistance from a theology colleague, which led to a collaboration with D. Stephen Long (now at Southern Methodist University). Steve and I taught “Profits and P
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