02.08.2011 02.Aw-Elul, 5771
Economist to protesters: 'We don’t live in a magic world’
Hebrew University economist challenges housing demonstrators to back up their chants for social justice with economic theory.
When Daphni Leef put a statement on Facebook defiantly announcing that she was tired of spending half of her salary on rent and decided to pitch a tent on Rothschild Boulevard in Tel Aviv to protest the rising cost of housing, she was not thinking about an entire restructuring of the economic system of Israeli society.
But two and a half weeks into a protest that has galvanized large swaths of the middle class, including hundreds of tents in several cities and marches across the country on Saturday night that drew 150,000 people, the tent protest organizers claim that only drastic change to the economic system will solve the country’s pressing economic problems….