On Commerce and Usury (1524)

On Commerce and Usury (1524)

Author: Martin Luther

Publisher: Anthem Press

Published: 2015-09-15

Total Pages: 241

ISBN-13: 1783083859

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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.


Reforming the Morality of Usury

Reforming the Morality of Usury

Author: David W. Jones

Publisher: University Press of America

Published: 2004

Total Pages: 184

ISBN-13: 9780761827498

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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.


Religion and Finance

Religion and Finance

Author: Mervyn K. Lewis

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 348

ISBN-13: 0857939033

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Judaism, Christianity and Islam all impose obligations and constraints upon the rightful use of wealth and earthly resources. All three of these religions have well-researched views on the acceptability of practices such as usury but the principles and practices of other, non-interest, financial instruments are less well known. This book examines each of these three major world faiths, considering their teachings, social precepts and economic frameworks, which are set out as a guide for the financial dealings and economic behaviour of their adherents.