Reading Genesis, an Economist Sees a Tale of Technological and Social Progress

March 12 2019

Upon rereading the book of Genesis, Tyler Cowen, an economics professor at George Mason University, found “embedded” in its narratives a story of “technology-led economic growth, similar to what you might find in the work of Adam Smith.” This growth begins after Adam learns to till the soil, and takes off from there:

Most of all, in the Genesis story, the population of the Middle East keeps growing. I’ve known readers who roll their eyes at the lists of names, and the numerous recitations of who begat whom, but that’s the Bible’s way of telling us that progress is under way. Neither land nor food supplies prove to be the binding constraints for population growth, unlike the much later canonically classical economic models of Malthus and Ricardo. . . .

In the book of Genesis, the underlying model of economics is a pretty optimistic one, and that is another way in which Western history draws upon its Judeo-Christian roots.

That said, Genesis is by no means entirely positive about the impact of technology. . . . The story of the Tower of Babel is the clearest instance of the possible dangers of technology, [although] it is striking how much potential productive efficacy is ascribed to mankind. People with a single language are building a tower with a top reaching up to the heavens, and “now nothing they plot to do will elude them.” God then scatters the humans and takes away their common language, to limit their productive capacity. There is a hint that people are seeking to become the rivals of God, who needs to keep their ambitions in check.

If we transplant this tale into a modern setting, you might think that God is skeptical of globalization, world government, a universal language, and unhindered communication.

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Read more at Bloomberg

More about: Adam Smith, Economics, Genesis, Hebrew Bible, Technology, Tower of Babel

 

Saudi Diplomacy Won’t Bring Peace to Yemen

March 29 2023

Last Sunday marked the eighth anniversary of a Saudi-led alliance’s intervention in the Yemeni civil war, intended to defeat the Iran-backed Houthi militia that had overthrown the previous government. In the wake of the rapprochement between Riyadh and Tehran, diplomats are hoping that the talks between the Saudis and the Houthis—which have been ongoing since last summer—will finally succeed in ending the war. To Nadwa Al-Dawsari, such an outcome seems highly unlikely:

The Houthis’ military gains have allowed them to dictate the path of international diplomacy in Yemen. They know Saudi Arabia is desperate to extricate itself and the international community wants the Yemen problem to go away. They do not recognize and refuse to negotiate with the [Riyadh-supported] Presidential Leadership Council or other Yemeni factions that they cast as “Saudi mercenaries.”

Indeed, even as the Houthis were making progress in talks with the Saudis, the rebel group continued to expand its recruitment, mobilization, and stockpiling of arms during last year’s truce as Iran significantly increased its weapons shipments. The group also carried out a series of attacks. . . . On March 23, the Houthis conducted a military drill close to the Saudi border to remind the Saudis of “the cost of no agreement and further concessions.”

The Houthis are still part and parcel of Iran’s so-called “axis of resistance.” With the Houthis gaining international political recognition, . . . Iran will have a greater chance to expand its influence in Yemen with the blessing of Western powers. The international community is eager for a “success story” in Yemen, even if that means a sham political settlement that will likely see the civil war continue. A deal with the Houthis is Saudi Arabia’s desperate plea to wash its hands of Yemen, but in the long term it could very well position Iran to threaten regional and international security. More importantly, it might set Yemen on a course of protracted conflict that will create vast ungoverned spaces.

Meanwhile, tensions in Yemen between Saudi Arabia and its ostensible ally, the United Arab Emirates, are rising, while the Houthis are developing the capability to launch missiles at Israel or to block a crucial Middle Eastern maritime chokepoint in the Red Sea.

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Read more at Middle East Institute

More about: Iran, Saudi Arabia, Yemen