Judaism and the Economy Essay

Judaism and the Economy Essay

Length: 1214 words (3.5 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Judaism and the Economy

While the Jewish population is small, its impact on the economy is extensive. For a group of people making up less than two percent of the United States populace, Jews are certainly a topic of much conversation and controversy. For a race so often targeted negatively and used as a scapegoat, it is surprising to realize the Jewish hand in America today. A question circulating for a while is whether or not Jews control America; Jews rule the film industry, the news and communication business is a Jewish kingdom, the American financial industry is essentially a Jewish franchise, and the professions are so dominated by Jews its shocking, so where does their influence run out? While the idea that America is run by Jews is disputed, the fact that there is a disproportionate Jewish influence on the US and global economy in comparison to their size cannot be argued against. While their effect may be small, it is surely noticeable and non-ignorable. Though the Jews have been the focus of much hate and ignorance throughout history, it is undeniable that they have had an effect on the American stock market, the real estate market, and the public school system.

One area in which the Jewish lifestyle has made a clear impact is on the stock market. A known adage around the stock exchange is “sell Rosh Hashanah, buy Yom Kippur,” the saying highlights the seasonal weakness that habitually occurs between those two Jewish holidays. It's similar to the "Sell in May and go away" maxim. The market-related proverb originated decades ago when the common practice for Jewish investors to sell their stocks on Rosh Hashanah so they could focus on their prayers became known. Jewish investors, without the distraction of havin...


... middle of paper ...


...://www.newswise.com/articles/study-jewish-holidays-affect-stock-market>.

"Jewish Sabbath Day of Rest - Shabbat, Shabbos." About Judaism. Web. 28 Nov. 2011. .

Real Estate in Orthodox Jewish Communities | Walk To Shul. Web. 28 Nov. 2011. .

Weinreich, Gil. "Jewish Holidays Trade Can Net You Extra 1%, Study Finds." AdvisorOne: Investment News and Analysis for Financial Advisors. Web. 28 Nov. 2011. .

"Why We're Expecting a Big Stock Decline in the Next 10 Days | TradeKing." TradeKing Trader Network | Online Stock & Options Trading Community | TradeKing. Web. 28 Nov. 2011. .

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Solution to the Current Global Economy: Judaism and Economic Reform, by Norman Solomon

- ... Likewise and the topic of this paper Solomon provides a thorough discussion of the problems of the present global economy. In his essay Solomon provides three mind-wrenching questions that questions and supports his methods of economic reform. The first question of “is it possible to engage in the pursuit of wealth without succumbing to greed and selfishness?” brings the topic of morality when it comes to wealth (108). Sallie McFague brings an argument stating that human beings are people filled with emotions of self-interest and will do whatever it takes to become wealthy....   [tags: Judaisn, economic reform, global economy]

Strong Essays
1119 words (3.2 pages)

The Israeli - Palestine Conflict Essay

- The focus here shall be on the analysis of the Middle East (Israeli – Palestine) deeply divided politics and security complex structure of the region. I shall approach the conflict (Israeli – Palestine) from the access point of; the USA (power mediator) and the critical analysis of matters arising in the conflict and the region within the last ten years. Answers to questions such as; what are the causes of security problems in the region (a bit of history will be considered). What are the aims of the mediator and facilitator actor role....   [tags: christianity, judaism]

Strong Essays
707 words (2 pages)

Anti Semitism, A Hatred Of Jews Essay

- Anti-Semitism, a hatred of Jews, has been present for centuries in many places. However, the term ‘Anti-Semitism’ itself only came into use in the nineteenth century, and along with it came an ideology which fuelled this deep psychological hatred to develop into a political movement which culminated in Nazism. Throughout history, the reasons for Anti-Semitism have differed and in Imperial Germany, it was a combination of religious, racial and political factors which led to such hostility toward Jews....   [tags: Antisemitism, Jews, Judaism, Germany]

Strong Essays
1763 words (5 pages)

The Cause Of War And Hatred Essay

- For centuries, there’s always been debate of the cause of war and hatred in the world. Some blame human nature, others blame their own existence. Many people blame the government or the economy but those who generate the perspective of those around the globe are lead to blame religion due to the different issues it causes world-wide. Religion should be regulated due to its promotion of unattainable goals, war, hatred, fear, and rendering of scapegoats. Within the globe, goals of fame, fortune, or goodwill is very commonplace....   [tags: Religion, Human, Israel, Judaism]

Strong Essays
1049 words (3 pages)

Role Of Religion On Business Ethics Essay

- Role of Religion in Business Ethics Today in our global business environment ethics is a key term describing how Race, gender, age and religion are used to communicate and make decisions. But to me religion is used the most in global business deals. I say this because another country’s ethics is grown out of this culture which then forms their religious beliefs. These beliefs dictate business decisions worldwide considering how many different religions there are around the globe, from Buddhism to Christianity....   [tags: Judaism, Christianity, Religion, Ethics]

Strong Essays
1954 words (5.6 pages)

The Importance of Scripture Essay

- The calling of Abraham is where Abrahamic religion began and it is where the three major faiths; Judaism and Christianity in particular, were born. The story began with a man named Abram, later came to be known as Abraham, who was called upon by God, “Now the Lord had said unto Abram, Get thee out of thy country, and from thy kindred, and from thy father's house, unto a land that I will show thee: And I will make of thee a great nation, and I will bless thee and make thy name great; and thou shalt be a blessing: And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all the families of the earth be blessed” (Genesis 12:1-3; cf Acts 7:2, 3: Hebrews 11:8)....   [tags: judaism, christianity, religion]

Strong Essays
1843 words (5.3 pages)

Essay on The Jewish Community

- Race. Gender. Culture. In society, people are different, but we always consider ourselves equal, free, and importance for humankind. Diversity, is a valuable connection to express our values, beliefs, and opinions. Every second or minute, humanity brings diversity to a new different level of communication, as each individual made an important contribution to improve social, economy, and politics of the nation. The Jewish community may have some terrible memories during WWII and have some problems in the 21st century, but being a Jew is a part of an extraordinary experience with many beliefs and values....   [tags: Judaism, Religion, God, Jews]

Strong Essays
1404 words (4 pages)

Essay on The Fall And The Rise Of The Jewish South

- In Eli Evan’s The Provincials and Stuart Rockoff’s piece “The Fall and the Rise of the Jewish South” the reader looks at the changing life and times for people of Jewish ancestry in the American south. Since the 1950’s, the Jewish south has experienced rife anti-semitism, a demographic shift as small town populations significantly decreased while large cities grew, and social change due to the civil rights movement. The small town south experienced an exodus of its Jewish population following World War II....   [tags: Jews, Judaism, Antisemitism, Jewish history]

Strong Essays
1144 words (3.3 pages)

Essay on Treatment of Jews

- “In Spite of everything I believe that people are really good at heart. I simply cannot build up my hopes on a foundation consisting of confusion, misery, and death” (Snyder 244). Despites attacks on their religion, designed to weaken and destroy Judaism many Jews held on to their faith trusting in God to get them through all the appalling events happening in their life. Throughout centuries Jews moved from place to place; mainly because of exclusion and prejudice against them (Levy 8). They were set apart by religious differences, cultural differences, along with many others by many over a long period of time....   [tags: Religion, Judaism, The Black Death]

Strong Essays
1271 words (3.6 pages)

Essay on Judaism

- Hebrew religion began to give rise to Judaism after the destruction of the temple and the exile of Judah in 586 BC. The term "Jew," in its biblical use, is almost exclusively postexilic. The Jewish religion of the biblical period evolved through such historical stages as the intertestamental, rabbinic, and medieval to the modern period of the nineteenth century with Orthodox, Conservative, and Reform Judaism. Along the way Jewish religion took on new teachings and practices. But with the lengthy development of Judaism and its many changes it is incorrect to posit, as some have done, that Jewish history produced two separate religions: an OT religion of Israel and the postexilic religion of J...   [tags: Judaism Jewish Religion]

Strong Essays
928 words (2.7 pages)