January 22, 2018
Many politically progressive Christians have latched on to the concept of a “Jubilee year” as a biblically endorsed excuse for debt cancellations and as a way to “dismantle economic inequality.” But as a new study by Charles A Goodhart and Michael Hudson explains, Jubilee Years didn’t originate in ancient Israel, they weren’t really about egalitarianism, and they can’t readily be applied outside of agrarian based economies.
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