How successful were the East European Jewish immigrants in London compared with the vast majority that went to New York? This critical question - one that lies at the heart of debates on Jewish modernity, ethnic and racial assimilation, and the impact of culture on entrepreneurship - is assessed systematically for the first time in this volume. Using new evidence of Jewish immigration, mobility and assimilation, Andrew Godley shows that despite similar backgrounds and opportunities, the Jews in London were far less entrepreneurial and those in New York. As the Jewish immigrants assimilated either American or British cultural values, those in New York moved en masse into self-employment, while those in London opted to remain as workers. Godley then reinterprets the broad thrust of British twentieth century economic history, emphasising how these long-standing anti-entrepreneurial and highly conservative craft cultural values among the English working classes acted as a drag on innovation, hampering industrial relations, investment and growth.

This volume is the product of the "Sixth Annual SEEP-Conference on Economic Ethics and Philosophy" on the theme of 'Cultural Factors in Economic Growth' held at Marienrode Monastry, Hildesheim, in April 1998. Our thanks go to our colleagues (including Avner Offner, whose paper could not be included here), the staff at the monastry, and Professor Peter Koslowski of the Forschungsinstitut fUr Philo sophie Hannover, and editor of this series, for contributing to a very enjoyable conference and, we hope, an interesting collection of essays. Mark Casson and Andrew Godley University of Reading, March 2000 Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Chapter 1 Cultural Factors in Economic Growth MARK CASSON AND ANDREW GODLEY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 2 Trust as a Governance Device BART NOOTEBOOM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 Chapter 3 A Measure of Culture: Trust and Defection in Southern Italy FRANCESCO L. GALASSI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Chapter 4 Entrepreneurial Minorities: A Typology WILLIAM D. RUBINSTEIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . III Chapter 5 Cultural Determinants of Jewish Immigrant Entrepreneurship in the UK and USA and British and American Culture ANDREW GODLEY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 CONTENTS Chapter 6 Jurisprudence, Expected Value, and the Culture ofInnovation FRED V. CARSTENSEN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 Chapter 7 Constitutions, Liberties, and Growth in Pre-Modem Europe STEPHAN R. EpSTEIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152 Chapter 8 Culture and the Myth of Economic Determinism in Global History and World Politics KEN DARK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 182 Chapter 9 The Case for a Shared World Language ERIC L. JONES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 0 List of Authors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 237 Index of Names . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

James Joyce's Leopold Bloom--the atheistic Everyman of Ulysses, son of a Hungarian Jewish father and an Irish Protestant mother--may have turned the world's literary eyes on Dublin, but those who look to him for history should think again. He could hardly have been a product of the city's bona fide Jewish community, where intermarriage with outsiders was rare and piety was pronounced. In Jewish Ireland in the Age of Joyce, a leading economic historian tells the real story of how Jewish Ireland--and Dublin's Little Jerusalem in particular--made ends meet from the 1870s, when the first Lithuanian Jewish immigrants landed in Dublin, to the late 1940s, just before the community began its dramatic decline. In 1866--the year Bloom was born--Dublin's Jewish population hardly existed, and on the eve of World War I it numbered barely three thousand. But this small group of people quickly found an economic niche in an era of depression, and developed a surprisingly vibrant web of institutions. In a richly detailed, elegantly written blend of historical, economic, and demographic analysis, Cormac Ó Gráda examines the challenges this community faced. He asks how its patterns of child rearing, schooling, and cultural and religious behavior influenced its marital, fertility, and infant-mortality rates. He argues that the community's small size shaped its occupational profile and influenced its acculturation; it also compromised its viability in the long run. Jewish Ireland in the Age of Joyce presents a fascinating portrait of a group of people in an unlikely location who, though small in number, comprised Ireland's most resilient immigrant community until the Celtic Tiger's immigration surge of the 1990s.

Culture is now seen as fundamental in understanding economic performance in businesses and nations. This pioneering interdisciplinary collection brings together economists, sociologists and business historians to explore the issues involved. The business history focus provides an ideal way to relate the conceptual questions to empirical investigation. The book will therefore interest readers in the social sciences and management studies.

Argues that the Jews who flocked to the United States during the age of mass migration were aided appreciably by their association with a particular corner of the American economy: the rag trade. Comparing the history of Jewish participation within the clothing trade in the United States with that of Jews in the same business in England, Mendelsohn demonstrates that differences within the garment industry on either side of the Atlantic contributed to a very real divergence in social and economic outcomes for Jews in each setting. --From publisher description.