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Author: Martin Luther
Publisher:
ISBN:
Category : Christian ethics
Languages : en
Pages : 92
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Book Description
Author: Martin Luther
Publisher:
ISBN:
Category : Christian ethics
Languages : en
Pages : 92
Get Book Here
Book Description
Author: Martin Luther
Publisher: Anthem Press
ISBN: 1783083859
Category : History
Languages : en
Pages : 241
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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.
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: Jeremy Bentham
Publisher:
ISBN:
Category : Interest
Languages : en
Pages : 54
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Book Description
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: Stephen Alford
Publisher: Bloomsbury Publishing USA
ISBN: 1620408236
Category : History
Languages : en
Pages : 436
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Book Description
The dramatic story of the dazzling growth of London in the sixteenth century. For most, England in the sixteenth century was the era of the Tudors, from Henry VII and VIII to Elizabeth I. But as their dramas played out at court, England was being transformed economically by the astonishing discoveries of the New World and of direct sea routes to Asia. At the start of the century, England was hardly involved in the wider world and London remained a gloomy, introverted medieval city. But as the century progressed something extraordinary happened, which placed London at the center of the world stage forever. Stephen Alford's evocative, original new book uses the same skills that made his widely-praised The Watchers so successful, bringing to life the network of merchants, visionaries, crooks, and sailors who changed London and England forever. In a sudden explosion of energy, English ships were suddenly found all over the world--trading with Russia and the Levant, exploring Virginia and the Arctic, and fanning out across the Indian Ocean. The people who made this possible--the families, the guild members, the money-men who were willing to risk huge sums and sometimes their own lives in pursuit of the rare, exotic, and desirable--are as interesting as any of those at court. Their ambitions fueled a new view of the world--initiating a long era of trade and empire, the consequences of which still resonate today.
Author: Anthony J. Santelli
Publisher: Lexington Books
ISBN: 9780739101872
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
Thisvolume applies the praxeological and theoretical foundations of the personalist tradition to free-market economic theory. This work defends economic liberty in theologically sensitive terms that reference the personalist tradition, without compromising the disciplinary integrity of either economics or social ethics.
Author: Michael A. Hoffman
Publisher:
ISBN: 9780970378491
Category : Business
Languages : en
Pages : 416
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Book Description
Author: Martin Brecht
Publisher: Fortress Press
ISBN: 9781451414158
Category : Religion
Languages : en
Pages : 584
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Book Description
Brecht provides a comprehensive study of the consolidation of the Reformation in the middle period of Luther's active life. He treats both Luther's personal life and the development of Lutheran doctrine and practice exhaustively. The reader is left with great admiration for Luther's talents as a theologian, translator, and church builder.
Author: Skip Worden
Publisher: Lexington Books
ISBN: 0739139835
Category : Electronic books
Languages : en
Pages : 330
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Book Description
Traditional scholarship often points to the Calvinists and Max Weber's writing on the Protestant ethic as the catalysts to changing Christian attitudes concerning profit-seeking and wealth. Author Skip Worden argues that the seeds of this change occurred centuries earlier. From the beginning of the Commercial Revolution to the fifteenth-century Renaissance, he shows that the predominant Christian thought on economics went through a fundamental shift, becoming favorable toward profit-seeking and wealth-holding. Worden discusses this dramatic change and explains how the general antagonism toward the pursuit of wealth before the Commercial Revolution transformed into Protestant theologians' fighting against the prevailing view of a pro-wealth paradigm during the fifteenth century. Worden contends that the shift away from the Patristic view of wealth occurred well before the addition of the Calvinist spirit of capitalism and the Puritan work ethic into Christian economic vernacular. Drawing on Plato, Cicero, and Augustine, early Protestant theologians unsuccessfully sought to check the rising dominance of the pro-wealth Christian paradigm, which they believed had been pushed too far. These theologians of the sixteenth and seventeenth century felt it was too close to advocating love of gain itself, something too close to the sin of greed. How well the Reformation succeeded can be assessed by Worden's insightful concluding study of John D. Rockefeller, the ascetic steward of God's Gold in the form of monopoly.
