Of any group of ancient or medieval thinkers it is the Talmudic writers who came closest to the thought world of the modern human capital theorists. The only other group which might be considered in this regard is the one comprising the jurists of ancient Rome. However, the insights of the...

In any environment which allows for individual and group enterprise, some degree of risk as well as elements of uncertainty and expectation will be features of virtually every human endeavour. These three decision‐making categories are especially relevant where business enterprise is...

Since the 1960s, the concept of “human capital” has become an increasingly familiar idea for modern economists. Analysis related to this concept has had significant applications with respect to issues concerning the supply of labour and its remuneration. The applications have also gone...

This book discusses the economics of the Talmud in the light of modern economics. Its focus is on the intricate debates, statements and principles that were forged by the great minds of the Talmudic Rabbis. This ancient storehouse of learning includes a wealth of economic knowledge of modern...