usury

Examples of usury in the following topics:

• Cultural Values

  • In Arab societies, for instance, usury (payment of interest) is prohibited, so special Islamic banks exist to accomodate this.

• The Panic of 1819

• Trade and Commerce

  • Among the innovations of the period were new forms of partnership and the issuing of insurance, both of which contributed to reducing the risk of commercial ventures; the bill of exchange and other forms of credit that circumvented the canonical laws for gentiles against usury and eliminated the dangers of carrying bullion; and new forms of accounting, in particular double-entry bookkeeping, which allowed for better oversight and accuracy.

• Discontent with the Roman Catholic Church

  • To many, papal institutions were rigid, especially regarding their views on just price and usury.

• Italian Politics

  • The northern states also kept many medieval laws that severely hampered commerce, such as those against usury, and prohibitions on trading with non-Christians.