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"Money Is a Sterile Thing":Martin Luther on the Immorality of Usury Reconsidered.

Authors :
Singleton, John D.
Source :
History of Political Economy; Winter2011, Vol. 43 Issue 4, p683-698, 16p
Publication Year :
2011

Abstract

The article discusses the impact that German priest Martin Luther had on economic thought during the 16th century and beyond, specifically upon usury. It discusses Luther's views on economics, particularly finance, trade, and commerce, as well as the view of the Catholic Church on money. The author argues that the Protestant Reformation that was led by Luther decimated the theological foundation of usury, though Luther did not acknowledge such a deed. He also argues that academic analysis of Luther's role in economic thought lacks theological understanding.

Details

Language :
English
ISSN :
00182702
Volume :
43
Issue :
4
Database :
Complementary Index
Journal :
History of Political Economy
Publication Type :
Academic Journal
Accession number :
67719589
Full Text :
https://doi.org/10.1215/00182702-1430283