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SOME FURTHER REASSESSMENT OF THE SCHOLASTIC DOCTRINE OF USURY *
Author(s) -
Melitz Jscques
Publication year - 1971
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1111/j.1467-6435.1971.tb00615.x
Subject(s) - usury , philosophy , humanities , doctrine , criticism , theology , law , political science , islam
SUMMARY This article offers a systematic criticism of the Scholastic usury doctrine from the standpoint of modern economics. There is also an effort to examine the conformity of the Scholastics' various major arguments against usury with their narrow conception of the usury problem. D empsey and S chumpeter 'S claims of important Scholastic contributions to interest theory receive special attention. With regard to medieval sources, the article relies mainly on the post‐1938 writings of N oonan , D empsey , L e B ras , and de R oover .