How the Intellectual Foundations of Hayekian Economics Relate to Jewish Ideas

Nov. 23 2020

The Hoover Institution economist and host of the popular EconTalk podcast Russell Roberts was recently named the next president of Shalem College, a one-of-a-kind liberal-arts college in Jerusalem. In 2018, Roberts joined Mosaic’s editor Jonathan Silver to explore parallels between ideas found in the Jewish tradition and the economic insights of the great Austrian economist Friedrich Hayek. Hayek’s arguments for intellectual humility, for instance, are congruent with rabbinic claims about the limits of human understanding; moreover, the very way in which halakhah has developed follows Hayek’s idea of “emergent order.” (Audio, 52 minutes.)

 

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More about: Economics, F. A. Hayek, Halakhah, Judaism, Shalem College

The End of the Arab-Israeli Conflict, and the Rise of the Arab-Israeli Coalition

Nov. 30 2022

After analyzing the struggle between the Jewish state and its Arab neighbors since 1949, Dan Schueftan explains the current geopolitical alignment and what it means for Jerusalem:

Using an outdated vocabulary of Middle Eastern affairs, recent relations between Israel and most Arab states are often discussed in terms of peace and normalization. What is happening recently is far more significant than the willingness to live together and overshadow old grievances and animosities. It is about strategic interdependence with a senior Israeli partner. The historic all-Arab coalition against Israel has been replaced by a de-facto Arab-Israeli coalition against the radical forces that threaten them both. Iran is the immediate and outstanding among those radicals, but Erdogan’s Turkey in the eastern Mediterranean, Syria—and, in a different way, its allies in the Muslim Brotherhood—are not very far behind.

For Israel, the result of these new alignments is a transformational change in its regional standing, as well as a major upgrade of its position on the global stage. In the Middle East, Israel can, for the first time, act as a full-fledged regional power. . . . On the international scene, global powers and other states no longer have to weigh the advantages of cooperation with Israel against its prohibitive costs in “the Arab World. . . . By far the most significant effect of this transformation is on the American strategic calculus of its relations with Israel.

In some important ways, then, the “New Middle East” has arrived. Not, of course, in the surreal Shimon Peres vision of regional democracy, peace, and prosperity, but in terms of a balance of power and hard strategic realities that can guardrail a somewhat less unstable and dangerous region, where the radicals are isolated and the others cooperate to keep them at bay.

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Read more at Tablet

More about: Abraham Accords, Israel-Arab relations, Middle East, Shimon Peres, U.S.-Israel relationship