Liberal Jansenists and interest-bearing loans in eighteenth-century France: a reappraisal

Arnaud Orain and Maxime Menuet

The European Journal of the History of Economic Thought, 2017, vol. 24, issue 4, 708-741

Abstract: This article is an attempt to prove that although the liberal Jansenists – Jansenism being the most powerful Christian protest movement of the seventeenth and eighteenth centuries – were not the first and the only ones to address the prohibition of interest-bearing loans, their writings on the issue shifted and fuelled the debate during the French Enlightenment, especially among the Encyclopédistes and the economists. By refuting the very logic of “extrinsic titles” of the Scholastics and their extension later on by the Jesuits, the liberals Jansenists redefined “interest” as the price to be paid for the use of money.

Date: 2017
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DOI: 10.1080/09672567.2017.1338304

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