Judas and the economics of betrayal

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

No one remembers the names of the soldiers who arrested Jesus, or the civil servants who organised his crucifixion. But Judas Iscariot has not been forgotten, and will forever be associated with treachery and betrayal.

Part of what makes Judas stand out is his position as a disciple. There is only betrayal if there was some form of loyalty beforehand. And many of us will have felt the cruel sting of being let down by people we trusted – whether it was in…

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