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Usury, Interest and the Reformation

Usury, Interest and the Reformation PDF Author: Eric Kerridge
Publisher: Routledge
ISBN: 9781138736788
Category :
Languages : en
Pages :

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

Usury, Interest and the Reformation

Usury, Interest and the Reformation PDF Author: Eric Kerridge
Publisher: Routledge
ISBN: 9781138736788
Category :
Languages : en
Pages :

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

Reforming the Morality of Usury

Reforming the Morality of Usury PDF Author: David W. Jones
Publisher: University Press of America
ISBN: 9780761827498
Category : Business & Economics
Languages : en
Pages : 184

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.

Beggar Thy Neighbor

Beggar Thy Neighbor PDF Author: Charles R. Geisst
Publisher: University of Pennsylvania Press
ISBN: 0812207505
Category : Business & Economics
Languages : en
Pages : 396

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.

The English Reformation

The English Reformation PDF Author: Norman L. Jones
Publisher: Wiley-Blackwell
ISBN: 9780631210429
Category : History
Languages : en
Pages : 272

Book Description
This history tells the story of how the English, over three generations, adapted to the religious changes forced upon them by the Reformation and, in doing so, radically reconstructed their culture.

Manifestations of Discontent in Germany on the Eve of the Reformation

Manifestations of Discontent in Germany on the Eve of the Reformation PDF Author: Gerald Strauss
Publisher:
ISBN:
Category : History
Languages : en
Pages : 280

Book Description
An unusual anthology of material in translation, quite unlike the spate of source books and compilations of snippets which continue to pour from the presses. Strauss has assembled 35 documents of widely differing nature in order to illustrate a single topic, the uneasy state of Germany in the 15th and early 16th centuries, the period leading up to, and including, the beginnings of the Lutheran Reformation. It is a complex tale of grievances against the Papacy, social unrest, economic exploitation in various forms, imperial weakness, and wounded national pride. An excellent introduction provides the necessary background; brief headnotes to each selection and useful footnotes give further clarification; the translations are highly readable." -Choice. "Strauss permits humanists, knights, craftsmen, and peasants to proclaim their dissatisfaction in their own earthly words, show the causes, and suggest remedies. His selections from the vast body of 'grievance literature', dating chiefly from about 1490 to about 1525, provide the first genuine review of his age of dissent available to the English reader, while brief introductions place the period and each document in historical context." - Library journal

On Commerce and Usury (1524)

On Commerce and Usury (1524) PDF Author: Martin Luther
Publisher: Anthem Press
ISBN: 1783083859
Category : History
Languages : en
Pages : 241

Book Description
This volume presents Martin Luther’s contribution to the modern economic sciences, providing a detailed introduction and revised translation of his major pamphlet on economic matters, ‘On Commerce and Usury’ (‘Von Kauffshandlung vnd Wucher’, 1524). In his teachings on indulgences Luther picked up on the question of hoarding money, and was among the earliest voices in early modern Europe calling for an ‘ethical’ economics. Luther’s work prefigured many later contributions to modern economic theory, from the mercantilists and cameralists to the German Historical School.

Usury, Interest and the Reformation

Usury, Interest and the Reformation PDF Author: Eric Kerridge
Publisher:
ISBN: 9781315185743
Category : Electronic books
Languages : en
Pages :

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."--Provided by publisher.

Rulers, Religion, and Riches

Rulers, Religion, and Riches PDF Author: Jared Rubin
Publisher: Cambridge University Press
ISBN: 110703681X
Category : Business & Economics
Languages : en
Pages : 297

Book Description
This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

Usury

Usury PDF Author: Calvin Elliott
Publisher: Library of Alexandria
ISBN: 1465500243
Category : Fiction
Languages : en
Pages : 314

Book Description


Usury in Christendom

Usury in Christendom PDF Author: Michael A. Hoffman
Publisher:
ISBN: 9780970378491
Category : Business
Languages : en
Pages : 416

Book Description