Search Results - subject_exact:"Usury"

Bauwens, Michaël - 2025

This paper charitably develops a possible metaphysical argument against usury, as a common ground on which theology and economics can consider the issue. The metaphysical framework is derived from Anselm's Augustinian-Platonist metaphysics of participation whereby all goods are good through the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015437864

The scholastic view on usury and economic instability

Berendt, Emil B. - 2023

This article argues that much of Scholastic and neo-Scholastic teaching on usury rests on practical considerations regarding redistribution and market instability. This aspect of usury is underappreciated by economists, especially those in the field of the history of economic thought. A core...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014513969

Usury, slavery, and limited liability

Uppal, Jamshed Y. - 2023

Limitations on or total prohibition of usury (or interest) have been a pervasive theme across religions and ancient societies. Since medieval times, two major institutional changes relating to non-performance of debt contracts have taken place, namely, the abolition of slavery and the evolution...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014513972

Bankers as immoral? : some parallels and differences between Aquinas's views usury and Marxian views of banking and credit

Lambert, Thomas - 2023

Since ancient times the practices and ethics of bankers and banking in general have undergone a great deal of criticism. While lending is motivated by profit, and while households are not explicitly coerced into borrowing money, the justice of a system which exploits workers and at the same time...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014477032

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Bankers as immoral? Some parallels and differences between Aquinas's views usury and Marxian views of banking and credit

Lambert, Thomas - 2023

Article

The birth of price theory in Peter Olivi's Treatise on Contracts (Narbonne: 1295) : a tool against misconceived regulation

Azam, Jean-Paul - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015271440

Predatory lending and hidden risks

Agarwal, Sumit; Amromin, Gene; Ben-David, Itzhak; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015451409

Usury enforcement as an alternative to capital taxation in pre-modern states

Hendrickson, Joshua - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592515

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Usury Enforcement as an Alternative to Capital Taxation in Pre-Modern States

Hendrickson, Joshua R. - 2020

Book / Working Paper

Less for you, more for me : credit reallocation and rationing under usury limits

Chakrabarti, Rajashri; García, Daniel; Morgan, Donald P.; … - 2025

Many states have capped consumer loan interest rates to protect households from high-cost lenders. Using triple-difference and event study analysis, we investigate how these usury limits affect the availability and allocation of credit across households. Consistent with standard price theory, we...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015556251

Banks' interest margins after the interest rate turnaround: Windfall profits and policy measures aimed at bank resilience and consumer welfare

Budde, Philipp; Neuberger, Doris - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015403265

Essays on consumer finance

Hannon, Simona M. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014457453

Banks' interest margins after the interest rate turnaround : windfall profits and policy measures aimed at bank resilience and consumer welfare

Budde, Philipp; Neuberger, Doris - 2024

The European Central Bank's interest rate hikes since July 2022 have been passed on to customers by banks on credit markets to a much greater extent than on deposit markets. As a result, banks' net interest margins have risen extraordinarily sharply. An analysis of the interest rate pass-through...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015393739

Historical definition and theoretical background of usury loan provisions

Chlumská, Zuzana - 2021

The thesis deals with usury and illegal lenders both on the domestic scene and abroad. The usury itself is defined by its characteristics, by adjudication and by historical connotations. The historical definition begins in Mesopotamia and ancient Rome, basically since the emergence of money. The...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012588924

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Historical definition and theoretical background of usury loan provisions

Chlumská, Zuzana - 2021

Article

The Morality of Market Exchanges : Between Societal Values and Tradeoffs

Elías, Julio; Lacetera, Nicola; Macis, Mario - 2026

Certain behaviors in markets are unambiguously unethical. In other cases, however, voluntary exchanges that can create gains from trade remain contested on moral grounds, because of what is traded or of the price at which the exchange occurs. This chapter offers a framework to analyze these...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015593721

Systemic usury and the European consumer credit directive

Neuberger, Doris; Reifner, Udo - 2020

Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by deceitful and even fraudulent means, we consider it as...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012507235

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Systemic usury and the European Consumer Credit Directive

Neuberger, Doris; Reifner, Udo - 2019 - Revised version Dezember 2019

Edition: Revised version Dezember 2019

Book / Working Paper

Systemic usury and the European Consumer Credit Directive

Neuberger, Doris; Reifner, Udo - 2019

Book / Working Paper

Verbraucherkreditzinsen und Zinsobergrenzen bei steigendem Zinsniveau

Neuberger, Doris - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015173501

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Verbraucherkreditzinsen und Zinsobergrenzen bei steigendem Zinsniveau

Neuberger, Doris - 2023

Article

Eros and the nature of 'interest'

Biltoft, Carolyn N. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015191650

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Eros and the nature of "interest"

Biltoft, Carolyn N. - 2023

Article

The New Usury : The Ability-to-Repay Revolution in Consumer Finance

Levitin, Adam J. - 2023

Consumer credit regulation is in the midst of a doctrinal revolution. Usury laws, for centuries the mainstay of consumer credit regulation, have been repealed, preempted, or otherwise undermined. At the same time, changes in the structure of the consumer credit marketplace have weakened the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014257847

Usury in Medieval Jewish Thought

Schiffman, Daniel - 2023

This chapter surveys the writings of medieval Jewish rabbis on usury during 1050-1565. These writings belonged to three literary genres: legal, ethical/pietistic, and Biblical commentary. After surveying the moralistic condemnations of usury by medieval rabbis, I illustrate three theoretical...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014262753

Price Gouging, the Pandemic, and What Comes Next

Ainsworth Caruso, Kaitlin - 2023

Whenever there is a disaster, there are complaints of price gouging — that is, of people selling critical goods at grossly inflated prices. Over the last half-century, states and territories have increasingly responded by adopting anti-gouging laws that limit how much sellers can increase...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014344793

The Talmud on usury

Koehler, Benedikt - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014432638

Hugo Grotius on Usury : acknowledging the end of the scholastic argument

Lapidus, André - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015053033

The emergence of bills of exchange in the late medieval and early modern periods in Europe

Baker, C. Richard; Cohanier, Bruno - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015421311

Estimating Repugnance Toward Price Gouging With Incentivized Consumer Reports

Holz, Justin; Jiménez Durán, Rafael; … - 2022

Thirty-four states prohibit price increases during emergencies and individuals take costly actions to report violators. We measure experimentally the willingness to pay to report sellers who increase prices of personal protective equipment. Over 75% of subjects pay to report even if others are...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013323962

Algorithmic Price Gouging

Williams, Spencer - 2022

This chapter examines the intersection of dynamic pricing algorithms and U.S. price gouging laws. Recently, an increasing number of companies, particularly online retailers and technologically- enabled service providers, implemented pricing algorithms that dynamically update prices in real time...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013293447

Does increasing access to formal credit reduce payday borrowing?

Miller, Sarah; Soo, Cindy K. - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012300451

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Does Increasing Access to Formal Credit Reduce Payday Borrowing?

Miller, Sarah; Soo, Cindy - 2022

Book / Working Paper

Does Increasing Access to Formal Credit Reduce Payday Borrowing?

Miller, Sarah - 2020

Book / Working Paper

Equality in exchange : a rehabilitation of the classical concept

Máslo, Lukáš Augustin - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013204191

Transforming usury into finance : financialization and the ethics of debt

Walsh, Kate Padgett - 2018

This article examines the conceptual transformation of what was once considered usury into finance. To counter traditional arguments that usury was exploitative and unnatural, early modern theorists reconceptualized debt as a form of investment for both borrowers and lenders. Today, this ethical...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012034592

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Transforming usury into finance: Financialization and the ethics of debt

Walsh, Kate Padgett - 2018

Article

Seeking efficiency or price gouging? : evidence from pharmaceutical mergers

Hammoudeh, Mosab; Nain, Amrita - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015071037

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Seeking Efficiency or Price Gouging? Evidence from Pharmaceutical Mergers

Hammoudeh, Mosab; Nain, Amrita - 2020

Book / Working Paper

Geld an der Grenze : Souveränität und Wertmaßstäbe im Zeitalter des Imperialismus 1871-1923

Suter, Mischa - 2024 - Erste Auflage

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014419588

The scholastic perspective on the time value of money and the contribution of Martín de Azpilcueta (1491-1586)

Bahmanpour-Khalesi, Mohammadhosein; Sharifzadeh, … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015158148

Examining payday loan utilization among households with mainstream credit access

Lamb, Laura - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014540159

Who pays the price? Overdraft fee ceilings and the unbanked

Dlugosz, Jennifer L.; Melzer, Brian T.; Morgan, Donald P. - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012619550

Prodigals and Projecture : An Economic History of Usury Laws in the United States from Colonial Times to 1900

Rockoff, Hugh - 2021

During the Colonial era usury laws in the United States were strict both in terms of the maximum rate that could be charged and the penalties that would be imposed. In Massachusetts in eighteenth century, for example, the maximum rate was 6 percent, and both principal and interest were forfeited...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013247184

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Prodigals and Projecture : An Economic History of Usury Laws in the United States from Colonial Times to 1900

Rockoff, Hugh - 2003

Book / Working Paper

Price Gouging in a Pandemic

Buccafusco, Christopher; Hemel, Daniel J.; Talley, Eric L. - 2021

The ongoing COVID-19 pandemic has led to acute supply shortages across the country as well as concerns over price increases amid surging demand. In the process, it has reawakened a debate about whether and how to regulate “price gouging.” Animating this controversy is a longstanding conflict...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013233948

Who pays the price? : overdraft fee ceilings and the unbanked

Dlugosz, Jennifer L.; Melzer, Brian T.; Morgan, Donald P. - 2021

Nearly 25 percent of low-income households in the United States are unbanked. High fees are often cited as a reason they remain unbanked, leading some to believe that limiting bank fees would improve financial inclusion. We use the federal preemption of state limits on overdraft fees to study...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012584361

The nature of money in a convertible currency world

Sissoko, Carolyn - 2021

In a world where the means of exchange is convertible into the numeraire consumption good at a fixed rate, no one wants to hold money over time - and due to convertibility there is no means by which the Friedman rule can generate deflation. This is the environment we study in this paper in order...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012599474

Are High-Interest Loans Predatory? Theory and Evidence from Payday Lending

Allcott, Hunt; Kim, Joshua J.; Taubinsky, Dmitry; … - 2021

It is often argued that people might take on too much high-cost debt because they are present focused and/or overoptimistic about how soon they will repay. We measure borrowers' present focus and overoptimism using an experiment with a large payday lender. Although the most inexperienced...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012533348

Usury crimes in post-crisis China : the underlying economics and beyond

Li, Dongmei; Peng, Zhe; Xiong, Kainan - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012804347

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Usury Crimes in Post-Crisis China : The Underlying Economics and Beyond

Li, Dongmei - 2020

Book / Working Paper

Analysis risk and commercial risk : the first treatment of usury in Thomas Aquinas's Commentary on the Sentences

Januard, Pierre - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012585865

Systemic Usury and the European Consumer Credit Directive

Neuberger, Doris; Reifner, Udo - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012507905

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Systemic usury and the European Consumer Credit Directive

Neuberger, Doris; Reifner, Udo - 2019

Book / Working Paper

Rent-a-Bank : Bank Partnerships and the Evasion of Usury Laws

Levitin, Adam J. - 2020

“Rent-a-bank” arrangements are the vehicle of choice for subprime lenders seeking to avoid state usury, licensure, and other consumer protection laws. In a rent-a-bank arrangement, a non-bank lender contracts with a bank to make loans per its specifications and then buys the loans from the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012824181

Justification of the usury contract in the law of the Republic of Serbia : advantages and disadvantages

Praštalo, Tanja - 2020

A usury contract is a null and void contract whereby someone, using the condition of another's misfortune or material hardship, lack of experience, recklessness, or dependency, obtains for himself or for a third party a benefit that is clearly disproportionate to what he or she has given or done...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012522868

An experimental comparison of news vending and price gouging

Brokesova, Zuzana; Deck, Cary A.; Peliova, Jana - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012209311

Seller reputation and price gouging : evidence from the COVID-19 pandemic

Cabral, Luís M. B.; Xu, Lei - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012216191

Usury Redux : Notes on the Scholastic Analysis of Usury by John T. Noonan

Burke, Joseph - 2020

I summarize the key points of the scholastic theory of usury following The Scholastic Analysis of Usury by John T. Noonan. Usury is the sin of taking interest on a loan without a just title. According to Scholastic moral theology, interest on loans may be justified by the extrinsic titles to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012837703

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Usury Redux: Notes on The Scholastic Analysis of Usury by John T. Noonan

Burke, Joseph - 2009

Book / Working Paper

První teorie úvěru a její instituce : dobročinné úvěrové instituce v hospodářských dějinách západu

Müllner, Vojtěch; Svoboda, František - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012269344

Some observations on contemporary financial proposals

Shaikh, Salman Ahmed - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014789236

No return : Jews, Christian usurers, and the spread of mass expulsion in medieval Europe

Dorin, Rowan - 2023

"Beginning in the twelfth century, Jewish moneylenders increasingly found themselves in the crosshairs of European authorities, who denounced the evils of usury as they expelled Jews from their lands. Yet Jews were not alone in supplying coin and credit to needy borrowers. Across much of Western...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013285836

The tenant class

Tranjan, Ricardo - 2023

"In this trailblazing manifesto, political economist Ricardo Tranjan places tenants and landlords on either side of the class divide that splits North American society. What if there is no housing crisis, but instead a housing market working exactly as intended? What if rent hikes and eviction...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013477688

Food retailer response to price gouging litigation

Scheitrum, Daniel; Schaefer, K. Aleks; Saitone, Tina L. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014439823