Hugo Grotius on Usury

André Lapidus

Post-Print from HAL

Abstract: This paper explores the way the Scholastic argument against usury, which culminated in the 13th century with Thomas Aquinas's question on interest loans in the Summa Theologiae, found an end with Hugo Grotius's introduction of economic issues, in De Jure Belli ac Pacis (1625). Whereas Grotius inherited at least part of his predecessors' repugnance of interest lending, he found in his questioning of categories from Roman law the source of both a criticism of the main features of the Scholastic argument and an alternative analysis of interest loans in which the income received by the lender is explained and legitimate.

Keywords: Grotius; Usury; Interest; Contract; Money loan (search for similar items in EconPapers)
Date: 2023-12
New Economics Papers: this item is included in nep-his and nep-hpe
Note: View the original document on HAL open archive server: https://paris1.hal.science/hal-03989450
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in European Journal of the History of Economic Thought, inPress, 30 (6)

Downloads: (external link)
https://paris1.hal.science/hal-03989450/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03989450

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().