4.6 • 620 Ratings
🗓️ 28 October 2021
⏱️ 44 minutes
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It's often thought that the Hebrew Bible focuses on the human capacity for good rather than on urging prosperity—that, in other words, trade and markets―areas where rational actors seek to maximize their self-interest―are distinct from ethical conduct and moral behavior. But that distinction, argues the author of a new commentary on the book of Genesis, is a false one.Â
To the Israeli venture capitalist and author Michael Eisenberg, Genesis and the rest of the Hebrew Bible can shape, channel, and propel the natural desire humans have to create wealth. It can help them engage in business not for the sake of greed but to establish a society of opportunity, one that recognizes the human dignity of all. Here he joins Mosaic editor Jonathan Silver to discuss how his extensive investment experience and study of Hebrew scripture helped him think theologically about labor, wealth, credit, debt, and more.
Musical selections in this podcast are drawn from the Quintet for Clarinet and Strings, op. 31a, composed by Paul Ben-Haim and performed by the ARC Ensemble.
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0:00.0 | We tend to think wrongly that there is a science of trade and markets where rational actors |
0:14.8 | maximize their self-interest, and that this science is totally distinct from the world of |
0:20.5 | restraint and sacrifice and moral conduct |
0:23.6 | and ethical behavior. In that division between markets and morals, we assume that the Hebrew |
0:29.0 | Bible speaks to our capacity to be good and not our capacity to be prosperous. But the Israeli |
0:35.1 | investor and author Michael Eisenberg rejects this whole distinction, |
0:38.9 | and he reads the Book of Genesis as a text that can shape, channel, and propel the natural |
0:44.4 | desire that we have to create wealth, not for the sake of being self-satisfied and avaricious and |
0:50.0 | decadent, but to establish a society of opportunity that recognizes the human dignity of our |
0:55.3 | neighbors. Welcome to the Tikva podcast. I'm your host, Jonathan Silver. Today, with Michael Eisenberg, |
1:00.7 | the co-founder of Aleph, an early stage venture capital fund with over $500 million under management |
1:06.7 | and the father of eight. That's right, one, two, three, four, five, six, seven, eight children, |
1:11.6 | and the author of the newly translated book, The Tree of Life and Prosperity. We discuss how his |
1:16.4 | investment experience and long study of Hebrew scripture has helped him to think |
1:20.6 | theologically about labor, wealth, credit, debt, and the ability to experience market failure |
1:25.9 | and come back to try again. |
1:27.7 | And moreover, how these theological ideas have in turn helped him think practically in his work. |
1:33.2 | If you enjoy this conversation, you can subscribe to the Tikva podcast on Apple Podcasts, Stitcher, |
1:38.7 | Google Play, and Spotify. |
1:40.1 | I hope you'll leave us a five-star review to help us grow this community of ideas. |
1:44.6 | I welcome your feedback on this or any of our other podcast episodes at podcast at ticfund.org. |
1:51.0 | And of course, if you want to learn more about our work at Tikva, |
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