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Two Nice Jewish Boys

#292 - Blue And White Money: The Story Of Israel's Economy (Dr. Ori Katz)

Two Nice Jewish Boys

Eytan and Naor

Society & Culture

1.7804 Ratings

🗓️ 4 July 2022

⏱️ 70 minutes

🧾️ Download transcript

Summary

Support us on Patreon: https://www.patreon.com/2njb *** For 74 years Israel has been a beacon of progression, economic success and democracy in the harsh and ruthless land that is called the Middle East. As former PM Ehud Barak once said - ‘a villa in the jungle’. But as you plunge head-first into the history of Israel and the Jewish people, you come to the realization that our thriving economy and democracy isn’t obvious at all. In fact, in 1948, when the State of Israel was established, there were only 24 democracies on the face of the globe - a mere 1/4th of existing states back then. And so you can’t help but wonder - how were the foundations to this anomaly - that is our existence here - laid down? And if we played so many cards right - how come we can’t quite reach the high standards of living that you see in the most successful countries on Earth, like the Scandinavian countries, Canada, Australia and even America? To answer those mind-boggling questions - and many more - with have with us today Dr. Ori Katz, the author of the new book ‘Blue and White Money’, published in Hebrew. Dr. Katz is an economics Doctor, specializing in economic growth and the history of economy. We’re super thrilled to have Dr. Ori Katz on our show today.

Transcript

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0:00.0

Hey, before we get to the podcast, we want to share with you an exciting new way you can help support the podcast.

0:05.6

Yes, we have finally opened a Patreon account.

0:09.7

Go to patreon.com slash 2NJB to check it out.

0:13.9

We have four different tiers, and they each allow you to support the podcast at a different level, and you get really cool rewards.

0:21.8

So go to patreon.com slash 2NJB

0:25.2

and help us continue putting out great content for you.

0:29.5

Thank you, guys. For 74 years, Israel has been a beacon of progress, economic success, and democracy in the harsh and ruthless

0:57.6

land that is called the Middle East.

1:00.7

As former Prime Minister Eud Barakwan said, a villa in the jungle.

1:05.5

But as you plunge headfirst into the history of Israel and the Jewish people, you come to the

1:10.7

realization that our thriving economy and democracy. headfirst into the history of Israel and the Jewish people, you come to the realization

1:11.7

that our thriving economy and democracy isn't obvious at all.

1:17.0

In fact, in 1948, when the state of Israel was established, there were only 24 democracies

1:21.3

on the face of the globe, a mere one-fourth of existing states back then.

1:26.1

And so you can't help but wonder how were the foundations to

1:30.4

this anomaly that is our existence here laid down. And if we played so many cards right, how come

1:37.9

we can't quite reach the high standards of living that you see in the most successful countries

1:43.6

on earth, like the Scandinavian

1:46.2

countries, Canada, Australia, or even America. To answer these mind-boggling questions and many more,

1:54.7

with us today is Dr. Ori Katz, the author of the new book Blue and White Money, published in Hebrew. He is also the co-host of the

2:04.0

Hebrew podcast Creative Destruction, which is about economics. Dr. Katz has a doctorate in economics,

2:12.4

specializing in economic growth in the history of economy, and are super super thrilled to have dr oly

...

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