Religious Liberty Encourages Economic Liberty

In an essay on religious toleration in England, Voltaire called attention to the London stock exchange, where “the Jew, the Mahometan, and the Christian deal with one another as if they were of the same religion and reserve the name of infidel for those who go bankrupt.” The philosophe, who didn’t allow even his contempt for Jews to interfere with his appreciation for British religious liberty, suggests that freedom of conscience is connected to economic prosperity. Taking a more empirical approach, Christos Makridis argues that this connection runs deep:

Using data on more than 146 countries since 1996, my research finds that increases in religious freedom precede, and help explain, increases in economic freedom. The logic is simple: since religious freedom fundamentally involves granting individuals the autonomy to think and worship in whatever form they wish, it is arguably the most basic of all freedoms. Property rights are of little use if those who retain them do not have the freedom to think what they wish and to practice what they believe.

Religious freedom is fundamental. Even committed secularists should care deeply about it. If the right to think and worship freely slips away, economic freedom will follow.

Read more at City Journal

More about: Economics, Free market, Freedom of Religion, Voltaire

 

What’s Happening with the Hostage Negotiations?

Tamir Hayman analyzes the latest reports about an offer by Hamas to release three female soldiers in exchange for 150 captured terrorists, of whom 90 have received life sentences; then, if that exchange happens successfully, a second stage of the deal will begin.

If this does happen, Israel will release all the serious prisoners who had been sentenced to life and who are associated with Hamas, which will leave Israel without any bargaining chips for the second stage. In practice, Israel will release everyone who is important to Hamas without getting back all the hostages. In this situation, it’s evident that Israel will approach the second stage of the negotiations in the most unfavorable way possible. Hamas will achieve all its demands in the first stage, except for a commitment from Israel to end the war completely.

How does this relate to the fighting in Rafah? Hayman explains:

In the absence of an agreement or compromise by Hamas, it is detrimental for Israel to continue the static situation we were in. It is positive that new energy has entered the campaign. . . . The [capture of the] border of the Gaza Strip and the Rafah crossing are extremely important achievements, while the ongoing dismantling of the battalions is of secondary importance.

That being said, Hayman is critical of the approach to negotiations taken so far:

Gradual hostage trades don’t work. We must adopt a different concept of a single deal in which Israel offers a complete cessation of the war in exchange for all the hostages.

Read more at Institute for National Security Studies

More about: Gaza War 2023, Hamas