Time: Ancient Rabbis' Talmudic Cure for the Economic Crisis?

Wow. Now I am really worried. Time magazine has despaired of contemporary expert opinion on the economy.

The Financial Crisis: What Would the Talmud Do? By David Van Biema

A religious Jewish Kabbalah (Jewish mysticism) scholar reads from the Talmud holy book during his studies at leading Kabbalist Rabbi Yitzhak Kadouri's synagogue August 4, 2004 in Jerusalem, Israel.

The article starts with a picture of a Kabbalah student. Huh?

Is Time being serious? I find that hard to imagine.

So what's the purpose of this article? Is it a thinly disguised slap at all present-day economists and money managers? Is it a way to mock regulation of the market by suggesting that it's best left in the ancient religious libraries?

Or perhaps Time is saying: You financial guys have led us so far into the wilderness. Even the ancient rabbis could have done better!

In any event, I think this Time revelation comes with a big smirk. They are saying, here is a sideshow to entertain you in this bleak financial period. To me it seems that Time is in no way sincere or serious.

Carolyn writes to us:

I think "Kaballah" was a mistake. Perhaps someone used the word "halacha" and the reporter, unfamiliar with it, wrote down the more publicly-heard word, "kaballah".
Nothing in the article had to do with mysticism or kaballah.
Chag sameach!
All the best,
CLKL
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