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Title: Beggar Thy Neighbor
Author: Charles R. Geisst
Narrator: Maxwell Zener
Format: mp3
Length: 17 hrs and 59 mins
Release date: 08-30-19
Ratings: 4.5 out of 5 stars, 11 ratings
Genres: Economic History
Publisher's Summary:
The practice of charging interest on loans has been controversial since it was first mentioned in early recorded history. Lending is a powerful economic tool, vital to the development of society but it can also lead to disaster if left unregulated. Prohibitions against excessive interest, or usury, have been found in almost all societies since antiquity. Whether loans were made in kind or in cash, creditors often were accused of beggar-thy-neighbor exploitation when their lending terms put borrowers at risk of ruin.