The Change We Need
Religion & Liberty Online

The Change We Need

As Luis de Molina (1535-1600) writes in A Treatise on Money (forthcoming):

It is clearly evident that petty exchange is useful to the republic, as it is often that men need coins of a lesser value in order to buy the things they need daily, or to give alms, or for other such things in which the coinage of a higher value is of no use.

Jordan J. Ballor

Jordan J. Ballor (Dr. theol., University of Zurich; PhD, Calvin Theological Seminary) is director of research at the Center for Religion, Culture & Democracy at First Liberty Institute.