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Author | : Charles R. Geisst |
Publisher | : University of Pennsylvania Press |
Total Pages | : 396 |
Release | : 2013-04-15 |
Genre | : Business & Economics |
ISBN | : 0812207505 |
Download Beggar Thy Neighbor Book in PDF, ePub and Kindle
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 | : Jeremy Bentham |
Publisher | : |
Total Pages | : 54 |
Release | : 1837 |
Genre | : Interest |
ISBN | : |
Download Defence of Usury Book in PDF, ePub and Kindle
Author | : Mark Ord |
Publisher | : |
Total Pages | : 168 |
Release | : 1809 |
Genre | : Usury laws |
ISBN | : |
Download An Essay on the Law of Usury Book in PDF, ePub and Kindle
Author | : Zippy |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 144 |
Release | : 2017-04-16 |
Genre | : |
ISBN | : 9781544688879 |
Download Usury Book in PDF, ePub and Kindle
Understanding usury requires an understanding of how the nature of some contracts differs, fundamentally and categorically, from the nature of others. Usury is not a matter of the same kind of contract differing only by 'excessive interest'. Usurious contracts constitute a kind of contract which is intrinsically immoral by its very nature. This book is intended to help people understand what usury is - and is not - and answer many of the questions which naturally arise.
Author | : David W. Jones |
Publisher | : University Press of America |
Total Pages | : 184 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9780761827498 |
Download Reforming the Morality of Usury Book in PDF, ePub and Kindle
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 | : Jeremy Bentham |
Publisher | : |
Total Pages | : 248 |
Release | : 1788 |
Genre | : |
ISBN | : |
Download Defence of Usury Book in PDF, ePub and Kindle
Author | : Brian M. McCall |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Banks and banking |
ISBN | : 9781932589641 |
Download The Church and the Usurers Book in PDF, ePub and Kindle
Professor McCall explains in a scholarly yet accessible manner the core principles of the usury doctrine. Tracing its history from Biblical texts, through Aristotelian philosophy and Roman law, to the great scholastic synthesis Professor McCall separates the unchanging principles from the changes in there applications to the new economic realities.
Author | : Hartmut Kreikebaum, Hartwig Bechte, Theodor Ellinger |
Publisher | : Duncker & Humblot |
Total Pages | : 140 |
Release | : 2021 |
Genre | : Law |
ISBN | : 9783428477852 |
Download Medieval usury and the commercialization of feudal bonds Book in PDF, ePub and Kindle
Author | : Jeremy Bentham |
Publisher | : |
Total Pages | : 294 |
Release | : 1816 |
Genre | : Interest |
ISBN | : |
Download Defence of Usury Book in PDF, ePub and Kindle
Author | : D. Hawkes |
Publisher | : Springer |
Total Pages | : 206 |
Release | : 2010-05-24 |
Genre | : Literary Criticism |
ISBN | : 0230107664 |
Download The Culture of Usury in Renaissance England Book in PDF, ePub and Kindle
This book examines the ways in which usury was perceived and portrayed as it rose to popularity in Renaissance England, taking into account the works of key literary figures of this period, including Milton and Shakespeare.