Hugo Grotius on Usury

Acknowledging the End of the Scholastic Argument

Bibliographic Data

ID21604597
AuthorsAndré Lapidus (0000-0003-4412-821X, corresponding author)
Year2023
Volume30
Issue6
Pages1031-1049
Publication date2023-11-02
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEuropean Journal of the History of Economic Thought (JOURNAL)
Journal identifiersISSN: 0967-2567 • E-ISSN: 1469-5936
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/09672567.2023.2225865
OpenAlexW4382280891
LanguageEN
Citations received2
References cited17

This paper explores the way the Scholastic argument against usury, which culminated in the 13th century with Thomas Aquinas’s question on interest loans in the Summa Theologiae, found an end with Hugo Grotius’s introduction of economic issues, in De Jure Belli ac Pacis (1625). Whereas Grotius inherited at least part of his predecessors’ repugnance of interest lending, he found in his questioning of categories from Roman law the source of both a criticism of the main features of the Scholastic argument and an alternative analysis of interest loans in which the income received by the lender is explained and legitimate

Criticism · Economics · Law and economics · Political science · Theology · Usury · Economic, financial, and policy analysis · Historical Economic and Legal Thought · Historical Economic and Social Studies · Law · Philosophy

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