Wednesday, May 1, 2013
The Church and the Usurers
My colleague Brian McCall has a new book out - "The Church and the Usurers: Unprofitable Lending for the Modern Economy." Calling the book one of the top three written on usury in the past two hundred years, Anthony Santelli II, CEO of AES Capital and Founder and Board Member of the Catholic Finance Association says this about the book:
Usury is not a simple topic to understand. It is like completing a sudoku puzzle. ... Professor McCall does a lot of that hard work for the reader. This book remains intellectually challenging because the topic is new, or at least new to the modern reader.
In fact, the topic is very old. There is a significant body of literature that extends over a thousand years discussing usury, what it is and what it is not. Professor McCall siphons that massive literature down to the few key points that distinguish an immoral loan from an investment. Some of the fine points also raise the issue of a just price.
https://mirrorofjustice.blogs.com/mirrorofjustice/2013/05/the-church-and-the-usurers.html