Acton Institute Powerblog Archives

Post Tagged 'moneylending'

Is it immoral to charge interest?

Interest-bearing loans are commonplace in today’s economy, but are a subject of great contention in many of the world’s great intellectual and religious traditions. The Mosaic Law dictates: “If you lend money to any of my people who are needy among you, do not be like a moneylender to him; do not charge him interest” (Exodus 22:25). Continue Reading...