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Lend Hoping Nothing

Michael Humpherys

Catholic Doctrine of Usury

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Latest Issues

Reasons Why Lateran V Does Not Define Usury

I have often heard the Fifth Lateran Council cited for its definition of usury. It is sometimes cited in various collections of Magisterial teachings and it has indeed become common place to assert it as the dogmatic definition of usury. Ho...

a month ago
5

Credit Creation and Usury

The way that we typically think about banks lending has to do with lending deposits received. The idea is that someone deposits money into the bank and the bank lends that money out, limited by some regulatory reserve requirements. So, say...

a month ago
1
11

Episode 34: Morality of Investment Strategies

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2 months ago
1
35

Episode 33: Leasing and Investment

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5 months ago
2

Episode 32: Economic Theory of Time Preference

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5 months ago

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  • Michael Humpherys

    Michael Humpherys | Roman Catholic | Actuary | Student of Aquinas | MA Philosophy | Anti-Usury

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