Daily Bitachon

100 Daily Dose of Gratitude


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Welcome to our daily Bitachon. We are in Sha'ar HaBechinah , talking about the tremendous wisdom behind the running of the economy. Rabbi Dov Ber Weissmandl, the famous Rosh Yeshiva of Nitra, was deeply involved in trying to save as many Jews as he could from the Holocaust. His full story is detailed in a book called The Unheeded Cry —a heartbreaking and tragic account of how he tried, yet was not as successful as he could have been. He shares a beautiful source for this very concept that the world runs on money. In Bereishit (Chapter 2, Verses 8 to 11), the Torah describes how Hashem established Gan Eden in the center of the world, detailing its many different plants, flowers, and rivers. One of these rivers is called Pishon, and the Torah describes its location by noting: אשר שם הזהב — "where the gold is located." We are in the very middle of the creation of the universe; why are we introducing the location of gold? In his sefer Torat Chemed , on the drasha for Brit Milah, Reb Michael Ber explains that one of the vital components Hashem established during the six days of creation was אשר שם הזהב —the presence of gold. He taught that after everything God created, the world simply cannot run without currency; God designed the world so that money makes all the wheels turn. What is so poignant is that Reb Michael Ber lived this exact reality. When World War II broke out in September 1939, he was safely in England. Astonishingly, he chose to volunteer to return to Nazi-allied Slovakia to stand with his people and help orchestrate rescue efforts from the inside. Through the Bratislava Working Group, he successfully arranged to pay a $50,000 bribe to an SS official, which miraculously halted deportations from Slovakia for nearly two years, from late 1942 to the autumn of 1944. As we know, these communities were among the last to be targeted, and what pained him most were those final months when so many lives were lost that might have been saved, including the vast majority of Hungarian Jewry. He had also conceptualized the "Europa Plan"—a negotiation to halt all Nazi deportations across Europe in exchange for $2 million—but tragically, due to a lack of international funding, the plan never materialized. Yet, from his story, we see that money is capable of stopping a war. Money can accomplish fascinating things. While the Chovot HaLevavot views this entire dynamic as the direct hand of God, the secular world of economics uses a different phrase. In 1776, the Scottish philosopher Adam Smith coined a term in his book The Wealth of Nations called "the invisible hand" of the economy. This theory essentially posits that uncoordinated individual actions naturally lead to an efficient and socially beneficial outcome. This system operates on a few basic forces: The first is the price signal . Price serves as the ultimate communication system of the economy. If a severe frost destroys orange groves in Florida, oranges become scarce and the price automatically goes up. No one needs to send an email to every consumer asking them to buy fewer oranges; the price signal handles it automatically. People buy less, naturally conserving the scarce supply. Then there is the profit aspect . When a product's price rises, it signals to others that there is money to be made. If everyone suddenly wants electric scooters, scooter prices spike. Seeing those high profits, new companies rush into the market to build scooters. Once multiple companies enter a market to chase those profits, they have to compete for your business. To win you over, they are forced to do two things: lower their prices and improve their quality. Thus, the self-interested pursuit of profit accidentally results in better, cheaper products for the consumer. In their description of the wonders of the invisible hand, economists do admit to certain blind spots, which they call "market failures." This happens with "public goods" like streetlights, national defense, or lighthouses. It is difficult to charge individuals directly to use them, so because there is no clear profit motive, the free market won't build them on its own. So, who creates the streetlights and traffic lights? The answer lies in the previous concept we discussed: God implanted the instinct within us to establish governments to handle these very tasks. The secular concept of the invisible hand is simply not enough, because the truth is, the hand isn't an accident. The invisible hand is actually God's hand, quietly managing all of these blind spots as well. Another problem with this secular theory is monopolies. If one company crushes all competition, the invisible hand stops working. Without competition, they can raise prices and lower quality without penalty. But again, we have government oversight to regulate this—which is another mechanism that Hashem's hidden hand built into the social framework. Hashem did a masterful job of hiding Himself within creation and nature, allowing secular thinkers to view it as a blind "hidden hand," where millions of people freely trade based on their own needs and skills, accidentally creating a complex, highly efficient society that no single human mastermind could ever plan from the top down. But that conclusion is a mistake. There is one single Mastermind planning everything from the top down, and that is Hakadosh Baruch Hu. Secular philosophy sees the system, but they feel compelled to invent alternative names for it. Instead of acknowledging that God sustains the cosmos, they call it the force of gravity. Instead of recognizing that God runs the economy, they call it the invisible hand. It is a brilliant system: individual self-interest leads to competition, which leads to efficient resource allocation, which ultimately leads to public benefit. It sounds perfect. But Hakadosh Baruch Hu is the one entirely behind it. Our job, through the lens of the Chovot HaLevavot , is to look past the labels and see these divine attributes actively at work.
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Daily BitachonBy Rabbi David Sutton