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In The Economics of the Mishnah Jacob Neusner showed how economics functioned as an active and generative ingredient in the system of the Mishnah. With this new study, Rabbinic Political Theory, he moves from the economics to the politics of the Mishnah, placing that politics in the broader context of ancient political theory.

Neusner begins his study with a modification of Weber's categories for a theory of politics: myth, institutions, administration, passion, responsibility, and proportion. Detailing the Mishnah's conception of politics, Neusner considers what he calls the stable and static structure and system through comparison with Aristotle. Although Aristotle's Politics and the Mishnah share a common economic theory based on the fundamental unit of the householder, they diverge in their conceptions of political structure and order. Aristotle embeds economics within political economy, while, Neusner argues, the Mishnah presents the anomaly of an economics separated from politics.

Using modern political terms, this study explicates the complicated politics developed by the philosopher-theologians of the Mishnah. It is a first-rate contribution to our understanding of the intersection of politics, political philosophy, and the Mishnaic system.

In this compelling study, Jacob Neusner argues that economics is an active and generative ingredient of the system of the Mishnah. The Mishnah directly addresses such economic concerns as the value of work, agronomics, currency, commerce and the marketplace, and correct management of labor and of the household. In all its breadth, the Mishnah poses the question of the critical place occupied by the economy in society under God's rule.

The Economics of the Mishnah is the first book to examine the place of economic theory generally in the Judaic system of the Mishnah. Jacob Neusner begins by surveying previous work on economics and Judaism, the best known being Werner Sombart's The Jews and Modern Capitalism. The mistaken notion that Jews have had a common economic history has outlived the demise of Sombart's argument, and it is a notion that Neusner overturns before discussing the Mishnaic economics.

Only in Aristotle, Neusner argues, do we find an equal to the Mishnah's accomplishment in engaging economics in the service of a larger systemic statement. Neusner shows that the framers of the Mishnah imagined a distributive economy functioning through the Temple and priesthood, while also legislating for the action of markets. The economics of the Mishnah, then, is to some extent a mixed economy. The dominant, distributive element in this mixed economy, Neusner contends, derives from the belief that the Temple and its designated castes on earth exercise God's claim to the ownership of the holy land. He concludes by considering the implications of the derivation of the Mishnah's economics from the interests of the undercapitalized and overextended farmer.