Read the paper here: https://www.cis.org.au/publication/interest-usury-and-the-common-good/
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Delve into the intricate history and ethical debates surrounding the practice of charging interest in "Interest, Usury, and the Common Good," authored by Ian Harper and Peter Kurti. As economies evolved, so did perspectives on interest, shifting from outright prohibition to discussions about fair rates. Harper and Kurti trace this transformation, examining how the term 'usury' became associated with excessively high interest rates deemed unjustifiable. They analyze the balance between facilitating economic growth through credit and maintaining ethical lending practices that serve the common good.
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