"From the persecuting to the protective state? Jewish expulsions and weather shocks from 1100 to 1800"
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Wednesday, June 05, 2024
Social changes in other eras
"Medieval states were vulnerable to economic shocks and popular unrest, and though they depended on minority groups such as Jewish people for financial expertise and as a source of revenue, they were willing to sacrifice the rights of those very same minority groups in order to sate popular anger. The states that emerged after 1600, in contrast, succeeded in building fiscal and legal capacity; they enjoyed greater political stability and ceased to be responsive to popular unrest and antisemitism. This argument is consistent with the large literature that identifies an improvement in economic and political institutions in Europe from the seventeenth century onwards (e.g. Acemoglu, Johnson and Robinson 2005).
Finally, the rise of markets and changing attitudes towards commerce and particularly moneylending and banking may have played a role in reducing the likelihood that popular unrest would lead to the scapegoating of Jewish minorities."
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