1 the chosen few nes 20 conference 14/12/2012 moscow
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The Chosen FewNES 20 Conference14/12/2012 Moscow
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
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We document three puzzles
• Jewish population dynamics
60-600 decreased 5.5 to 1.5 M1250-1500decreased 1.2 to 0.8-1.0 M
• Occupational selection (750-900, Muslim Middle East) Jews left farming and entered urban, skilled occupations
• Jewish Diaspora and minority status (800-1200)The migrations of Jewish *skills*
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Jewish population dynamics65 100 150 300 550 650
Land of Israel
2.5 1.8 1.2 0.5 0.2 0.1
Mesopotamia
1 1 1-1.2 1-1.2 0.8-1 0.7-0.9
Egypt 1 0.8-1 0.5 __ __ 0.004
Syria 0.2-0.4
many some few few 0.005
Asia Minor 0.2-0.4
many some few few 0.040
Eastern Europe
__ __ __ __ __ __
Western Europe
0.1-0.2
some some few few 0.001
Total Jewish Pop
5-5.5 4.3-4.5
3.1-3.3
1.9-2.1
1.2-1.5 1-1.2
Total Population
54.9 57 58 56.4 47.9 51.1
J pop / total pop
9.1% 6.8% 5.0% 3.3% 2.8% 2.1%
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Jewish Population Dynamics
1170 1300 1400 1490
Land of Israel 0.002 … … …
Mesopotamia, Persia
0.8-1.0 __ __ 0.25-0.35
Egypt, North Africa
0.07 __ __ 0.005
Syria 0.02 __ __ 0.007
Balkans, Eastern Europe
0.047 0.065 __ 0.09
Western Europe 0.103 0.385 __ 0.510
Total Jewish Population
1.2-1.5 __ __ 0.8-1
Total Population 70 __ __ 87.5
Jewish as % of total pop
1.6% __ __ 1%
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Jewish occupational transition Time Location Farmers
(%)Crafts, Trade,
Money lending (%)
1 – 400 Land of Israel 85-90 10-15
Mesopotamia 85-90 10-15
Egypt 70-80 20-30
Syria 85-90 10-15
Asia Minor and Balkans
40-50 50-60
Western Europe 70-80 20-30
750 - 900
Land of Israel 20-30 70-80
Mesopotamia 10-20 80-90
Egypt 10-20 80-90
Syria 10-20 80-90
Asia Minor and Balkans
10-20 80-90
Western Europe 1-5 95-99
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
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• Jewish Population Dynamics 65 C.E. - 1492 from 5.5 to 1 MCommon answer: “Jews were oppressed and persecuted…”
• Occupational Selection 750-900 to todayCommon answer: “Restrictions on minority…”
• Jewish Diaspora and Minority StatusCommon answer: “ Jews were forced to leave…”
The Chosen Few: Why?
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Economic Restrictions (e.g., Cecil Roth)
Persecutions & Portable Human Capital (e.g.,
Brenner & Keefer)
The Economics of Small Minorities (e.g., Weber ;
Kuznets; Slezkine)
Why are the Jews merchants, urban
dwellers, entrepreneurs,
money lenders and doctors?
Is there a common factor behind the three historical
patterns?
Our answerA shift in the religious norm after 70 brought these long-
term economic and demographic outcomes
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E. – 200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
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First “historical accident”, 70
200 BCE – 70 70 70 – 200
Many religious groups
(Sadducees, Pharisees,
Essenes, Zealots)
Pharisees: stress the study of
Written and Oral Torah (Law)
Temple in Jerusalem
destroyed by Romans
Pharisees became religious leaders
Leadership of rabbis
The Mishna (c. 200) 6 volumes of rules
for daily life
About 64 Religious norm:
fathers must send sons to school to learn the Torah
Sacrifices replaced with study of the
Torah in synagogue
From 200ammei ha-aretz
(illiterate people) considered outcast
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First “historical accident”, 70
200 BCE – 70 70 70 – 200
Many religious groups
(Sadducees, Pharisees,
Essenes, Zealots)
Pharisees: stress the study of
Written and Oral Torah (Law)
Temple in Jerusalem
destroyed by Romans
Pharisees became religious leaders
Leadership of rabbis
The Mishna (c. 200) 6 volumes of rules
for daily life
About 64Religious norm:
fathers must send sons to school to learn the Torah
Sacrifices replaced with study of the
Torah in synagogue
From 200ammei ha-aretz
(illiterate people) considered outcast
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First “historical accident”, 70
200 BCE – 70 70 70 – 200
Many religious groups
(Sadducees, Pharisees,
Essenes, Zealots)
Pharisees: stress the study of
Written and Oral Torah (Law)
Temple in Jerusalem
destroyed by Romans
Pharisees became religious leaders
Leadership of rabbis
The Mishna (c. 200) 6 volumes of rules
for daily life
About 64 Religious norm:
fathers must send sons to school to learn the Torah
Sacrifices replaced with study of the
Torah in synagogue
From 200ammei ha-aretz
(illiterate people) considered outcast
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
Based on economic theory: What are the implications of the change in
religious norms?Model: Hebrew literacy has no economic returns for subsistence farmers but religious (utility) returns for Jews. School is costly.
• Jewish farmers decide whether to send boys to school (synagogue) and whether to convert convert to other religions
• Jews are heterogeneous in religiosity, income, ability, etc. Result 1: Some Jewish farmers educate their boys.
• Non-Jews farmers do not educate their boys. • Cost of education cause some Jewish farmers to
convert - Who? low attachment, low ability, low income: ammei-haaretz…
• Implication: In the long run Judaism cannot survive in a subsistence farming society.
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Model (continued)
• Result 2: Jewish farmers who learn in synagogue to read (write) have a comparative advantage in occupations and locations in which reading, writing contracts and communication have high economic returns.
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Testable implications on conversions and Jewish population dynamics
At a given point in time:• Heterogeneity among Jews (x, γ, θ, e), some
Jewish farmers do not educate their children and convert
• More conversions occur when aggregate economic conditions are bad (low wF, high τrF) and in small communities (high γ)
• In the long-run, Judaism cannot survive in a subsistence farming society as Jewish farming population is decreasing.
• Reduction in Jewish population can be halted:1.with increased demand for literate
occupations: Expansion of urbanization and trade
2. with migrations to opportunities
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
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Jews in the Talmud Era (200-650): The
Chosen Few [children’s education]
• In subsistence farming economy: investment in children's education is a costly religious sacrifice with no economic return
• A typical family’s budget in Roman Palestine– food expenses = 40-50%
– taxes = 30%– little was left to buy clothing, books, paying
teachers and build synagogue
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Cost of living (in denarii), 1st-3rd centuries
Items in a household budget
Land of
Israel
Egypt
Babylon
Monthly wage of agricultural worker
24-48 4-32 72-96
Monthly wage of urban skilled worker
48-72 6-40
Monthy wage of boy on farm work
--- 2-10
Monthly bread expenses (family of four)
10-20 5-10
Cattle (ox or cow) 100-200 15-100
Suit/cloak 30 ---
Monthly rent of a house 4 ---
Book 200 --- 80-120
Source: Sperber (1965; 1967)
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Despite being costly, primary education/literacy became
spread in Jewish communities from 200 to 650
EVIDENCE
Many rulings in the Talmud on school and teacher - Judaism unique
Archeological findings on synagogues
Growth of academies in Babylon: more students with primary education
The Kallah
From 6th century: Responsa
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Sample of synagogues, ca. 200-500Century Locations
3rd Bar’am, Gush Halav, Horvat, Horvat Shema, Kefar Kana, Nevoraya, En-Gedi, Eshtemoa
3rd -4th Chorazin, Gush Halav, Hammat Gader, Hammath Tiberias, Khirbet Shema, Maoz Hayyim, Meiron, Nabratein, Rehov, Horvat Sumaqa, Horvat Rimmon
4th Arbel, Capernaum, Horvat ha-Amudin, Meroth, Beth Alpha, Beth Shean, Maoz Hayim, Gaza, Horvat Susiya, Naaran, Zuminra
3rd, 5th Anim, Aphik, Dabbura, Kefar Hananiah
5th Assalieh, En Neshut, Horvat Kanef, Katzrin, Huseifa, Hirbet Amudin, Yaifia, Sepphoris
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• Evidence from population dynamics, c. 1-650
• Evidence from literary and epigraphic sources, 1-325
• Evidence from literary sources, 325-650
Jews in the Talmud Era (200-650): The
Chosen Few [conversions]
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65 100 150 300 550 650
Land of Israel
2.5 1.8 1.2 0.5 0.2 0.1
Mesopotamia
1 1 1-1.2 1-1.2 0.8-1 0.7-0.9
Egypt 1 0.8-1 0.5 __ __ 0.004
Syria 0.2-0.4
many some few few 0.005
Asia Minor 0.2-0.4
many some few few 0.040
Eastern Europe
__ __ __ __ __ __
Western Europe
0.1-0.2
some some few few 0.001
Total Jewish Pop
5-5.5 4.3-4.5
3.1-3.3
1.9-2.1
1.2-1.5 1-1.2
Total Population
54.9 57 58 56.4 47.9 51.1
J pop / total pop
9.1% 6.8% 5.0% 3.3% 2.8% 2.1%
Great revolt, Temple (70)
Revolt in Egypt (115) Bar Kokhba revolt
(135)
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• Evidence from population dynamics, c. 1-650
• Evidence from literary and epigraphic sources, 1-325 – Locations with Christians included also Jewish populations:
Only from 150 Christians were not considered Jewish.
• Evidence from literary sources, 325-650 – Laws protecting Jewish converts
Jews in the Talmud Era (200-650): The
Chosen Few [conversions]
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
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If all Jews were literate in 650,
why were they still farmers in 650?
Given rural subsistence economies in 4th-7th centuries, literate Jewish farmers could not find urban skilled occupations
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Second “historical accident”, c. 632
Mohammed established Islam and set the foundations of one of the largest, most urban, and commercially developed empires in history
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Urbanization expanded in newly established Abbasid Empire
8th – 9th centuries
Total Population
(thousands)
Baghdad 600—1,000
Samarra 500
Basra 200-600
Cairo 300
ca. 1170
Palermo 150
Paris 110
Seville 80
Venice 70
Granada 60
Cordoba 60
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Jewish occupational transition: WHY?
(it took 150 years --- consistent with other evidence)Time Location Farmers
(%)Urban skilled occupations
(%)1 – 400 Land of Israel 85-90 10-15
Mesopotamia 85-90 10-15
Egypt 70-80 20-30
Syria 85-90 10-15
Asia Minor and Balkans
40-50 50-60
Western Europe 70-80 20-30
750 - 900
Land of Israel 20-30 70-80
Mesopotamia 10-20 80-90
Egypt 10-20 80-90
Syria 10-20 80-90
Asia Minor and Balkans
10-20 80-90
Western Europe 1-5 95-99
Why almost all Jews became urban dwellers (750 to 900)?
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The Economic Return to Jewish Religious literacy
• Literacy: knowledge of one language – Hebrew – enable to learn other languages (Hebrew-Arabic, Hebrew-French, Ladino, Yiddish) based on Geniza documents.
• Language enables to write commercial contracts and loans across locations. Jewish law enables to implement agreements.
• The common language enables to expand mail network for religious, family and commercial contacts based on Jewish law and community penalties (Greif).
• The language enables Jewish artisans to write contracts for the production of shoes, clothes and other personal items
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The theory of Jewish merchant: education and conversion
• Assumption: Merchants income increases from theirs and their son education
• Merchant's budget constraint: c + γ(es)θ + τrM ≤ wF (1 + Aes
α e1-α)
Results:• Education: Jewish merchants invest more than
non-Jewish merchants in children's education. WHY?
• Conversion:(i) If taxes for Jewish and non-Jewish merchant are
the same – no Jewish merchant will convert.
(ii)Over time, the proportion of merchants among Jews will increase.
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Education: tons of evidence from Genizah and Responsa (900-1250) of almost 100% literacy among Jews.
No or few conversions of Jews from 700 to 1200
Jewish Population Dynamics
c. 650 c. 1170
Land of Israel 0.1 0.002
Mesopotamia and Persia
0.7-0.9 0.8-1.0
Egypt and North Africa
0.004 0.07
Syria 0.005 0.015
Balkans, eastern Europe
0.047 0.047
Western Europe 0.005 0.103
Total Jewish Population
1-1.2 1.2-1.5
Total Population 51.1 70
J as % of total pop 2.1% 1.6%
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
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Voluntary Diaspora Migrations of Jewish *skills*, ca. 800-1250
• Main insight from the modelJudaism can survive in the long run only if Jews can find occupations with high returns to their investment in education
• Historical evidenceThe voluntary migrations of Jewish people between 800 and 1250 support this argument
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Migrations within the Muslim Empire (800-1100)
voluntary and free• Jewish craftsmen, traders, physicians, scholars
from Mesopotamia and Persia settled in Syria, Egypt, Maghreb, Spain, and Sicily
• The “golden age” of Jewish history
Migrations to western Europe (850-1250) voluntary and regulated
• Jews migrated to England, Flanders, France, Germany, Italy upon invitation by local rulers --- wealthy communities in hundreds of towns
• Because of high human capital and skills, Jews viewed as essential for economic growth
• No restrictions on Jewish economic activities
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Sample of Medieval ChartersCountry
City Year of charter
Own Land
Trade Money Lending
Spain Barcelona
1053-1071
yes yes yes
Tudela 1116 silent yes yes
Toledo 1222 yes yes yes
Valencia
1250 yes yes yes
France --- 820 yes yes silent
--- 1190 silent silent yes
England
--- 1120, 1170
yes yes yes
--- 1275 yes yes no
Germany
Speyer 1084, 1090
yes yes yes
Worms 1074 silent yes silent
Worms 1090, 1157
yes yes yes
Ratisbon
1182, 1216, 1230
yes yes silent
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The zenith of the Jewish DiasporaFrom the travel itinerary of Benjamin de Tudela (c. 1170)
• In Muslim Mesopotamia and Persia: 70 percent of world Jewry
• Muslim Iberian Peninsula: wealthy Jewish communities in hundreds of cities and towns (Sephardim)
• France, England, Germany: prominent Jewish communities in hundreds of locations (Ashkenazim)
• Jewish communities all over Italy, Bohemia, eastern Europe, Turkey, the Middle East, Egypt, the Maghreb, all the way to central Asia, China, and India
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Genetic distance and conversions
• Contemporary Jewish populations show a closer genetic link to Jews from far away locations than to their neighboring non-Jewish populations
• Especially the Ashkenazi Jews of eastern Europe are genetically closer to Jews from the Middle East and North Africa, as well as to other Middle Eastern non-Jewish populations, than to eastern European non-Jewish populations
• This provides additional and independent evidence that there were no significant conversions to, and out of, Judaism once the Jews became merchants and migrated to western and then eastern Europe
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
Why Money Lending?Why Money Lending?
• Money lending is another form of commerce – highly sophisticated; need contracts; enforcement; arbitration; capital.
• High interest rates on short term lending.• Arbitrage among locations.• High risk and high return• Permits and taxes to rulers – set in
Privileges.Was it due to land restrictions? NO!Was it due to usury bans on Christians?
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Time Location325 Roman Empire Church prohibits clergy from charging interests on loans
500-1100 Europe Church extends usury ban to the laity --- ban not enforced
650-1250 Muslim Empire Qur’an prohibits Moslems from charging interest on loans
750 – 900 Mesopotamia and Persia
Jews left farming, moved to urban centers, and entered nearly 450 occupations (crafts, trade, moneylending)
850-1250 Europe Jews migrated from the Middle East to Europe as urban dwellers specialized in crafts, trade, and money lending
From 1100 Europe Jews became prominent in moneylending. Jewish scholars (e.g., Rashi ) issued many rulings to regulate money lending during 11th and 12th centuries
1200-13501200-13501350-1550
1350-1500
EuropeEuropeEurope
Europe
Church strictly enforces usury ban on ChristiansCraft and merchant guilds began growing Guilds dominated manufacturing and commerce
Restrictions on Jewish land ownership in some charters
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Ch 1 Jewish population, locations, and occupations
Ch 2 A persecuted minority?
Ch 3 The people of the book (c. 200 BCE — 200 CE)
Ch 4 The economics of Hebrew literacy in a world of farmers
Ch 5 Jews in the Talmud era (200-650 CE): the chosen few
Ch 6 From farmers to merchants (c. 750-900)
Ch 7 The educated wandering Jew (c. 800-1258)
Ch 8 From merchants to moneylenders: selection or segregation?
Ch 9 The Mongol shock: Can Judaism survive when trade and urban economies collapse?
Ch 10 1492 to today: open questions
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Third “Historical Accident”, 1258 The Mongol Shock
(Could the Jews be farmers in the long-run?)
• The Mongols invaded Persia (earliest 1220) and Mesopotamia in 1256-1260 and destroyed the urban economy
• Because of massacres, starvation, epidemics, total population was reduced by half
• Jewish population shrank from about 800 thousands to nearly 200-300 thousands
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Jewish Population Dynamics
1170 1300 1400 1490
Land of Israel 0.002 … … …
Mesopotamia, Persia
0.8-1.0 __ __ 0.25-0.35
Egypt, North Africa
0.07 __ __ 0.005
Syria 0.02 __ __ 0.007
Balkans, Eastern Europe
0.047 0.065 __ 0.09
Western Europe 0.103 0.385 __ 0.510
Total Jewish Population
1.2-1.5 __ __ 0.8-1
Total Population 70 __ __ 87.5
Jewish as % of total pop
1.6% __ __ 1%
64
• No evidence they migrated in huge numbers to western Europe (migrations to Europe were regulated)
• Death rate from starvation and epidemics similar to local population
• Jewish death toll from massacres by Mongols was lower
• The much larger reduction in Jewish population in Muslim Middle East was the outcome of voluntary conversions
Conversions among low-income Jews when the economy became a subsistence farming economy support our main insight
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Ch. 1 70 C.E. to 1492: How Many Jews Were There and Where and How Did They Live?
Ch. 2 Were the Jews a Persecuted Minority?
Ch. 3 The People of the Book, 200 B.C.E.–200
Ch. 4 The Economics of Hebrew Literacy in a World of Farmers
Ch. 5 Jews in the Talmud Era, 200–650: The Chosen Few
Ch. 6 From Farmers to Merchants, 750–1150
Ch. 7 Educated Wandering Jews, 800–1250
Ch. 8 Segregation or Choice? From Merchants to Moneylenders, 1000–1500
Ch. 9 The Mongol Shock: Can Judaism Survive When Trade and Urban Economies Collapse
Ch. 10 1492 to Today: Open Questions
66
1492 to Today: Open Questions
• Circa 1492 world Jewry: less than 1 million people– 450,000 Sephardim (urban skilled occupations)
Spain, North Africa, Greece, Turkey, Middle East, Iraq, Persia
– 450,000 Ashkenazim (urban skilled occupations)– Germany, Netherlands, Italy, eastern Europe, Russia
• Circa 1938 world Jewry: about 16.5 million– 2.2 million Sephardic Jews– 14.3 million Ashkenazi Jews (spectacular growth in
eastern Europe)
• Why this divergent demographic trend?
67
Kuznets (1963): An economic puzzle?Country Year % Jews in
Non-agricultural
jobs
% Non-Jews in
Non-agricultural
jobs Poland 1931 96 47
Soviet Union 1926 96 27
United States
1940 98 82
Latvia 1930 99 47
Germany 1933 99 83
Czechoslovakia
1930 91 73
Hungary 1930 97 52
Rumania 1930 96 37
Bulgaria 1926 99 31
Canada 1931 99 71
68
1492 to Today: Open Questions
• Jews make 0.2 percent of the world population, and …– 54 percent of the world chess champions– 27 percent of the Nobel physics laureates– 31 percent of the medicine laureates
Jews are 2 percent of US population, and …– 21 percent of the Ivy League students bodies– 26 percent of the Kennedy Center honorees– 37 percent of Academy Award winning directors– 38 percent of those on a recent Business Week list of leading
philanthropists– 51 percent of the Pulitzer Prize winners for nonfiction
• Why this persistence in economic and intellectual success?
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Why are the Jews a small population of
merchants, entrepreneurs,
bankers, financiers, physicians, lawyers,
university professors?
(… Rothschild, Ricardo, etc)
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1492 to Today: Open Questions
Nowadays, world Jewry is about 13 million people
40% in the United States (A)
15% in western Europe (A)
5% in the rest of the world (A)
40% in Israel (B)
– Jews in (A) display occupational selection (high-skill jobs) and have higher earnings than the rest of the population
– Jews in (B) have occupational structure similar to that of any small European country or that of the general population of the United States
• Why this different occupational and earning structure?
A growing literature
Interactions
cultural valuesreligious rules → economic outcomessocial norms
– Barro & McCleary; Guiso, Sapienza, and Zingales; Iannaccone; Becker & Woesserman
– Doepke & Zilibotti – Greif; Mokyr; Temin; Tabellini
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