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Legal Commentary

: LawPundit

Economic Recovery and the Lessons of History : Joseph's Bailout in Egypt in the Bible : Parshat Vayigash

By Andis Kaulins

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Ups and downs in the economy are a matter of history generally. One example that comes to mind here is the Bible - storing up in fat years for lean years, as Joseph did in ancient Egypt, which was not sufficient, as famine still swept the land and everyone came to Joseph for deliverance. The result was a "government bailout" by which Joseph issued handouts in exchange for concessions in freedom.

Full post as published by LawPundit on February 11, 2009 (boomark / email).

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