Re:U of Chicago projected to be the first U.S. university to...
by salty_biscuits on Monday November 04, 2019 @08:13PM
(#21448645)
I read somewhere that this is behind the awful stereotypes in the merchant of venice. Because of the historical prohibitions within the religion, loans were taken out with lenders from outside the religion.
"At the time, usury was interest of any kind, and the canon forbade the clergy to lend money at interest rates even as low as 1 percent per year. Later ecumenical councils applied this regulation to the laity." - https://www.jstor.org/stable/3161033?seq=1#page_scan_tab_con...