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  3. On Commerce and Usury (1524)
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  • Publisher:
    Anthem Press
    Publication date:
    December 2015
    September 2015
    ISBN:
    9781783083879
    9781783083855
    Dimensions:
    Weight & Pages:
    00kg,
    Dimensions:
    Weight & Pages:
    • Subjects:
    Economics, Economic Theory, History, Economic History
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    Subjects:
    Economics, Economic Theory, History, Economic History
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    Book description

    This volume presents Martin Luther's contribution to the modern economic sciences, providing a detailed introduction and revised translation of his major pamphlet on economic matters,'On Commerce and Usury' 'Von Kaufshandlung und Wucher', 1524). In his teachings on indulgences, Luther picked up on the question of hoarding money, and was among the earliest voices in early modern Europe calling for an 'ethical' economics. Luther's work prefigured many later contributions to modern economic theory, from the mercantilists and cameralists to the German Historical School.

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