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Concept

Usury

Usury
Attributed to Albrecht Dürer · Public domain · source

Overview

loans with unfairly high interest rate

Overview adapted from Wikipedia (CC BY-SA 4.0; see the article history for authors).

Possible passages

Found by search and not yet checked by a person; they may only mention the idea in passing.

  1. On the other side, the commodities of usury are, first, that, howsoever usury in some respect hindereth merchandising, yet in some other it advanceth it; for it is certain that the greatest part of trade is driven by young merchants upon borrowing at interest; so as if the usurer either call in, or keep back his money, there will ensue presently a great stand of trade. The second is, that, were it not for this easy…

    Francis Bacon, Bacon's Essays, and Wisdom of the Ancients

    The chapter “XLI.—OF USURY.[433]” is titled for Usury; names Usury several times.

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  2. And this is the explanation of the name (TOKOS), which means the breeding of money. For as offspring resemble their parents, so usury is money bred of money. Whence of all forms of money-making it is most against nature.

    Aristotle, Politics

    States what Usury is; the author is tied to Usury in the knowledge graph.

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  3. The discommodities of usury are, First, that it makes fewer merchants. For were it not for this lazy trade of usury, money would not be still, but would in great part be employed upon merchandizing; which is the vena porta of wealth in a state. The second, that it makes poor merchants.

    Francis Bacon, The Essays or Counsels, Civil and Moral

    Names Usury several times; states what Usury is.

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Philosophers who discussed Usury

Related ideas

Place in the tradition

Part of Contemporary Islamic philosophy.

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