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Author: David W. Jones
Publisher: University Press of America
ISBN: 9780761827498
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
In the early years of the sixteenth century, the Church experienced a dramatic shift in its moral perception of the practice of usury. Leaders of the continental Protestant Reformation (Lutheran, Calvinist, and Anabaptist) all grappled with the Roman Catholic Church's moral teaching on the practice of lending money at interest. Although these three theological streams addressed the same moral problem, at relatively the same time, they each responded differently. Reforming the Morality of Usury examines how the leaders of each major stream in the continental Protestant Reformation adopted a different approach to reforming moral teaching on the practice of usury.
Author: David W. Jones
Publisher: University Press of America
ISBN: 9780761827498
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
In the early years of the sixteenth century, the Church experienced a dramatic shift in its moral perception of the practice of usury. Leaders of the continental Protestant Reformation (Lutheran, Calvinist, and Anabaptist) all grappled with the Roman Catholic Church's moral teaching on the practice of lending money at interest. Although these three theological streams addressed the same moral problem, at relatively the same time, they each responded differently. Reforming the Morality of Usury examines how the leaders of each major stream in the continental Protestant Reformation adopted a different approach to reforming moral teaching on the practice of usury.
Author: David Wayne Jones
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 404
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Book Description
Author: Calvin Elliott
Publisher:
ISBN:
Category : Interest
Languages : en
Pages : 314
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Book Description
Author: Eric Kerridge
Publisher: Routledge
ISBN: 9781138736788
Category :
Languages : en
Pages :
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Book Description
This title was first published in 2003: In his Summa Theologica, Thomas Aquinas takes what most assume to be the orthodox Christian position when he condemns the practice of usury, which he defines as the charging a price for the loan of a sum of money. Yet, whilst this definition has become widely accepted by historians, it is clear from a close reading of contemporary texts, that by the Reformation, the situation was in fact much more complicated. Indeed, by the middle of the sixteenth century, Melanchthon was confidently to assert 'that which is interest is wholly different from usuries'. This book is the first systematic study of the practice of moneylending during the Reformation. Through the detailed examination of a variety of documents, it challenges the established views on usury and interest, providing a fresh interpretation that explains how figures such as Luther could condemn usury whilst still upholding the legality of lending money at interest. Divided into two parts, the first half of the book provides a background to the subject, putting forward Professor Kerridge's arguments about usury and interest in the context of the Reformation. The second part of the book presents selections from 38 contemporary documents on the subject (in both the original language and English translation) written by key Reformation figures such as Calvin, Luther and Zwingli. As such, this book will be useful as both a research and reference work
Author: H Shields Rose
Publisher: Legare Street Press
ISBN: 9781020810435
Category :
Languages : en
Pages : 0
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Book Description
This book is a critique of the practice of usury, or lending money at exorbitant rates of interest, from a Christian perspective. The author, H. Shields Rose, argues that usury is morally reprehensible and contrary to the teachings of the Bible. He also examines the historical and economic factors that led to the rise of usury in Europe and America. This thought-provoking work will appeal to anyone interested in the intersection of religion and economics. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: Calvin Elliott
Publisher:
ISBN: 9781104565954
Category : Literary Collections
Languages : en
Pages : 300
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Book Description
This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
Author: Charles R. Geisst
Publisher: University of Pennsylvania Press
ISBN: 0812207505
Category : Business & Economics
Languages : en
Pages : 396
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Book Description
The practice of charging interest on loans has been controversial since it was first mentioned in early recorded history. Lending is a powerful economic tool, vital to the development of society but it can also lead to disaster if left unregulated. Prohibitions against excessive interest, or usury, have been found in almost all societies since antiquity. Whether loans were made in kind or in cash, creditors often were accused of beggar-thy-neighbor exploitation when their lending terms put borrowers at risk of ruin. While the concept of usury reflects transcendent notions of fairness, its definition has varied over time and place: Roman law distinguished between simple and compound interest, the medieval church banned interest altogether, and even Adam Smith favored a ceiling on interest. But in spite of these limits, the advantages and temptations of lending prompted financial innovations from margin investing and adjustable-rate mortgages to credit cards and microlending. In Beggar Thy Neighbor, financial historian Charles R. Geisst tracks the changing perceptions of usury and debt from the time of Cicero to the most recent financial crises. This comprehensive economic history looks at humanity's attempts to curb the abuse of debt while reaping the benefits of credit. Beggar Thy Neighbor examines the major debt revolutions of the past, demonstrating that extensive leverage and debt were behind most financial market crashes from the Renaissance to the present day. Geisst argues that usury prohibitions, as part of the natural law tradition in Western and Islamic societies, continue to play a key role in banking regulation despite modern advances in finance. From the Roman Empire to the recent Dodd-Frank financial reforms, usury ceilings still occupy a central place in notions of free markets and economic justice.
Author: Adrian Walsh
Publisher:
ISBN: 9781845403140
Category : Loans
Languages : en
Pages : 0
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Book Description
The primary focus of this volume is on justice and morality, the author supplying intellectual tools for distinguishing between morally acceptable and morally unacceptable forms of money lending and reserving the term 'usury' for its unacceptable variants. On this account, some forms of lending should be prohibited. Use is made of both historical material from debates on the immorality of usury and modern analytic political philosophy.
Author: Calvin Elliot
Publisher:
ISBN: 9781910220597
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
The word usury was very odious to the Christian mind and conscience. The moral nature of an act does not depend on the enacted statutes of human legislators, and the laws of economics are eternal. We must not permit our views of divine and economic truth to be perverted by this modern division of increase into legal and illegal. In order that the whole truth may be now expressed in our language we must combine with the old word usury the new word interest; then only will we have the full force of the revealed truth. Throughout this discussion usury is used in its full old classical meaning for any increase of a loan, great or small, whether authorized or forbidden by the civil state.
Author: Michael A. Hoffman
Publisher:
ISBN: 9780970378491
Category : Business
Languages : en
Pages : 416
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Book Description
