Popeonomics?
The David McWilliams Podcast
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Theological Insights on Usury and Banking History
This chapter explores historical theological perspectives on usury, featuring discussions of Thomas Aquinas and Karl Marx's views on just price and labor. It traces the evolution of banking from pawn shops established by Franciscans to formal financial institutions, highlighting inventive practices like double-entry bookkeeping. The narrative further connects the Catholic Church's historical land ownership in Ireland to contemporary societal challenges, emphasizing the need for responsible asset management amidst a housing crisis.
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