Biblical Law and the Economic Growth of Ancient Israel

This paper shows that the laws of ancient Israel found in the Old Testament significantly restricted economic transactions and limited the possibility of economic growth. The paper begins by examining the production function in light of Hebraic teaching, demonstrating that theological principles can...

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Bibliographic Details
Main Author: Buchholz, Todd G. (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 1988
In: Journal of law and religion
Year: 1988, Volume: 6, Issue: 2, Pages: 389-427
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Summary:This paper shows that the laws of ancient Israel found in the Old Testament significantly restricted economic transactions and limited the possibility of economic growth. The paper begins by examining the production function in light of Hebraic teaching, demonstrating that theological principles can be translated into economic regulations. The paper then describes the various laws regarding land, labor, capital, and technology and analyzes the probable economic effects of such laws during approximately the fourth century B.C.
ISSN:2163-3088
Contains:Enthalten in: Journal of law and religion
Persistent identifiers:DOI: 10.2307/1051157