Yaron Brook on the Morality of Moneylending

 Posted by on 22 September 2007 at 10:00 am  Uncategorized
Sep 222007

Yaron Brook’s forthcoming article in The Objective Standard, entitled “The Morality of Moneylending: A Short History,” is available for free on the web.

According to the web site, the article “presents an essentialized history of usury, showing that, just as moneylenders are being damned and blamed for today’s ‘sub-prime mortgage crisis,’ so they have been condemned and castigated for alleged wrongdoing from the beginning of Western civilization. Brook zeros in on the economic and moral premises that give rise to contempt for this profession; he identifies the moral-practical dichotomy inherent in these ideas; and he discusses a unified set of principles that must be understood and embraced if moneylending is to be seen as the noble business that it actually is.”

I haven’t had a chance to read it yet, but I’m sure it’ll be worth sending to friends and acquaintances in business. In the meantime, I’ll aspire to Yaron’s level of productivity.

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