Sunday, September 06, 2009

Necessary Invention: Yeshiva Stock Market

Yeshiva's beg for money to support their learning from people who make money, and then often feel superior to those who don't learn all day. That's chutzpah.

Back in the day, Issachar and Zevulun has an arrangement where one would learn and the other work, each getting the complete share of the merit for learning. Or so I understand.

I also feel entitled to the some of the study merit of those people I support. Whenever I give, I feel tempted to ask for some. But I don't know how much to ask for. If I give 100 NIS, is that 0.1% of the daily output of the yeshiva? Or a select group of students? How do I know that my 100 NIS wouldn't gain me better merit at some other more studious yeshiva, with better students and more disciplined finances?

I think there should be a yeshiva stock market. Individuals, study halls, kolels, and so on should float learning shares. That way we can evaluate what we get for our money. I want to support the yeshiva with the best learning (and good deeds) output. I want to know what I'm getting.

Yeshivas could report ... uh ... "mitzvaentials" on a quarterly basis: dafim learned (tested, to ensure quality), old ladies helped across the street, time spent delivering food to the needy, happiness quotient. We could more easily discover the yeshivas whose activities match our path. We could buy low (a yeshiva with unrealized potential) and sell high (when it's doing great). We could float shares. We could buy puts.

And best yet, we could sue for insider trading (you knew that the Rebbe's son was going to be accepted to your yeshiva, didn't you?).


Anonymous said...

Great idea

Poet said...

You're a genius!