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HoP 286 - On the Money - Medieval Economic Theory

History of Philosophy Without Any Gaps

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Controversy Surrounding Usury and Currency Debasement in Medieval Economics

Exploring the ethical debate around usury in Medieval times, where moneylenders justified charging interest by selling the use of money during loans. The chapter also discusses the negative perception of usury, equating it to currency debasement and its impact on the economy.

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