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Category Archives: Usury
Davies on Hammurabi, Moses, and Usury
Found this passage interesting in The Codes of Hammurabi and Moses, W. W. Davies, 1905. From the Code of Hammurabi: 49. If a man have taken money from a merchant, and have given [as security] the merchant an arable field, … Continue reading
Posted in Investments, Usury
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Disowning Walther (And Luther, and the Council of Nicea, for that matter)
C.F.W. Walther was the first President of the Lutheran Church, Missouri Synod (LC-MS). I was very interested to learn that Walther was strongly opposed to usury, and that his definition of usury included the taking of any interest. (Also of … Continue reading
Posted in General, Money and Business, Usury
100 Comments
An Overview Of Usury
In this article I will make a brief explanation of what usury is and why it is wrong. I won’t, at least in this article, be able to offer a detailed rebuttal of every possible attempt to justify usury. Such … Continue reading
Posted in General, Money and Business, Usury
87 Comments
Siebenthal On Usury and Abortion
In the article Interest Kills Children, Francois de Siebenthal writes: In some nations, the real rate of interest is 7% per month, which amounts to 125% per year (shylocking), whereas the inflation rate is 9%. These rates are usurious, and … Continue reading
Posted in General, Usury
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Converting the Wallet
Martin Luther said something to the effect that to become a Christian, three conversions were necessary; the heart, the mind, and finally, the wallet. We have some work to do in the second area, and lots to do in the … Continue reading
Posted in General, Money and Business, Usury
8 Comments
The Changing Church
Last week in the Chicago Sun-Times, Andrew Greeley wrote that the Church has shown it can change. He cites four examples from a book by John Noonan, A Church That Can and Cannot Change (University of Notre Dame Press): slavery, … Continue reading
Posted in General, Usury
7 Comments
What Love Is This? A Renunciation of the Economics of Calvinism
John Calvin’s name has become nearly synonomous with biblical soteriology, but how many think of him as the father of usury-based economics? He invented neither, but systematized a theological defense for both. In The Early Church Fathers; Nicene and Post-Nicene … Continue reading
Posted in General, Usury
13 Comments
We Owe It To Ourselves!
Whenever you begin talking about the dire financial straits the U.S. government is in (what with being multiple trillions of dollars in debt and all, not even counting the unfunded social security obligations which could easily surpass the reported debt), … Continue reading
Posted in General, Money and Business, Usury
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Bad Principles vs. Intangible Principles
Here is an article I found interesting – Global Islamic banking products touch $250bn. While I do not wish to praise the Islamic banking system, I do think it is interesting to note the financial growth it is experiencing while … Continue reading
Posted in General, Usury
11 Comments
Dangerous Relativism
In That Which God Hath Lent Thee – The Puritans and Money, Leland Ryken writes: The belief that money is a social good is also the key to Puritan views on the taking of interest. In the sixteenth century the … Continue reading
Posted in General, Usury
3 Comments