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Economic Analysis Of Jewish Law, Keith Sharfman

Faculty Publications

(Excerpt)

Like any legal system, Jewish law is amenable to economic analysis, both positive and normative. Economic analysis can help to explain how and why the various rules comprising Jewish law arose and persisted over time. It also can facilitate a direct assessment of Jewish law on the merits. In practice, however, it is a mainly positive economic analysis of Jewish law that scholars have emphasized, while normative analysis has, for the most part, been underemphasized.

Take, for example, the application of law and economics to biblical exegesis. The legal-economic work in this field has been largely descriptive rather than …