USURY, A Scriptural, Ethical and Economic View

USURY, A Scriptural, Ethical and Economic View by Calvin Elliot, published by Omnia Veritas Limited on August 10, 2015, offers a thorough examination of the concept of usury from a multifaceted perspective. This 272-page book delves into the historical and moral implications of usury, emphasizing that the ethical nature of financial practices transcends human legislation. Elliot argues that the understanding of usury must evolve to incorporate modern interpretations of interest, thereby revealing deeper truths about economic principles.
Readers will find a detailed exploration of the moral dimensions of lending and borrowing, as well as the eternal laws of economics that govern these practices. The book challenges contemporary views that separate legal and illegal forms of financial increase, advocating for a comprehensive understanding of usury in its classical sense. By addressing the intersection of business ethics and economic theory, this work invites readers to reconsider their perspectives on financial transactions and the ethical responsibilities that accompany them.
Official synopsis Publisher
The word usury was very odious to the Christian mind and conscience. The moral nature of an act does not depend on the enacted statutes of human legislators, and the laws of economics are eternal. We must not permit our views of divine and economic truth to be perverted by this modern division of increase into legal and illegal. In order that the whole truth may be now expressed in our language we must combine with the old word usury the new word interest; then only will we have the full force of the revealed truth. Throughout this discussion usury is used in its full old classical meaning for any increase of a loan, great or small, whether authorized or forbidden by the civil state.
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