More specifically, a call for economists to more formally study this question.
Some of you might find this amusing. Among other things it suggests that FAMILY VALUES (the ethnic family values to be more precise) are probably a bit part of that.
source
Up from the Shtetl
Forced by racist laws and cultures to find new markets and business models
Already thinking like internationalists rather than parochialists
Given by culturation to respect education and deferred gratification
They were both prepared for, and channeled into the SERVICE Economy which has been replacing and dominating economic activity since the dawn of the Industrial revolution
Now, I recognize that the above is a simply explanation and needs additional formal economic study.
Likewise, I accept that the above sinmple explanations also won't suit those whose presuppositions about Jews are based on a kneejerking hatred for that tribe
However, those of us not given to ethnic conceits and prejudices will recognize that much of what the JEWS were FORCED by history to learn, coupled with that cultures propensity to seek education, will see that the JEWISH ETHNIC of the emerging industrializiong Europe and the West was already the IDEAL preparation to take advantage of the CHANGING conditions in economics and the business models that served the emerging MODERN POST INDUSTRIAL ECONOMY.
Oh yeah, one more point for those of you given to reading books like the BELL CURVE?
The fact that statistically Jews average about 15 IQ points higher than the median are likely to have something to do with this outcome in the last 150 years.
OR.......
one can assume that the Protocols of the Elders of Zion explains it all.
Take your pick, folks.
You can choose to study history and consider the logic implications of it, or you can join our resident NAZIs who are more satisfied with a conspiracy theory.
Some of you might find this amusing. Among other things it suggests that FAMILY VALUES (the ethnic family values to be more precise) are probably a bit part of that.
source
Up from the Shtetl
A look at the historical experience of the Jews shows that while most Jews were mired in poverty at the beginning of the twentieth century, over time they tended to do disproportionately well in societies that allowed them to compete on an equal basis. That was the case first in central and western Europe, and then in the United States.
Forced by racist laws and cultures to find new markets and business models
Moreover, in much of Europe, Jews had long been excluded from most of the established economy of land ownership, and from many other fields that were reserved for Christians. So they learned to be on the lookout for new opportunities in underserved markets, working as peddlers, for example, or creating new products, or new forms of marketing.
Already thinking like internationalists rather than parochialists
Social networks also played an important role. Jews were spread across many countries, but to some extent shared a common language and a sense of common fate. So they were more aware of distant opportunities, had more international contacts, and were disproportionately active in international trade.
Given by culturation to respect education and deferred gratification
In addition, Jews had a religious culture that promoted universal adult literacy – at least for men – and a culture that respected book learning. Those attitudes and dispositions were transferred from religious texts to secular forms of education. As a result, Jews were highly oriented toward education, and willing to defer current pleasures and income to obtain more of it.
They were both prepared for, and channeled into the SERVICE Economy which has been replacing and dominating economic activity since the dawn of the Industrial revolution
The fastest growing sectors of the economy since the late nineteenth century have been those loosely classified as “service industries,” often involving the dissemination of information and entertainment – activities in which Jews have been especially prominent, from publishing to vaudeville and from movies to commercial sports. They also tended to do disproportionately well in the learned professions – such as medicine, law, and accounting – that are so central to modern capitalist society.
Now, I recognize that the above is a simply explanation and needs additional formal economic study.
Likewise, I accept that the above sinmple explanations also won't suit those whose presuppositions about Jews are based on a kneejerking hatred for that tribe
However, those of us not given to ethnic conceits and prejudices will recognize that much of what the JEWS were FORCED by history to learn, coupled with that cultures propensity to seek education, will see that the JEWISH ETHNIC of the emerging industrializiong Europe and the West was already the IDEAL preparation to take advantage of the CHANGING conditions in economics and the business models that served the emerging MODERN POST INDUSTRIAL ECONOMY.
Oh yeah, one more point for those of you given to reading books like the BELL CURVE?
The fact that statistically Jews average about 15 IQ points higher than the median are likely to have something to do with this outcome in the last 150 years.
OR.......
one can assume that the Protocols of the Elders of Zion explains it all.
Take your pick, folks.
You can choose to study history and consider the logic implications of it, or you can join our resident NAZIs who are more satisfied with a conspiracy theory.