Usury, never heard of it. Perhaps you’ve heard of Riba, or Neshekh? No? They mean roughly the same. The concept is simple, although interpretation and circumstance vary. Usury refers to the charging of excessive interest on loans. Something that used to be considered exploitative and immoral. Within each of the […]
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Chpt 24.3: Profit Margin
Let’s briefly recap Part 1, and Part 2 of this short series. The Cantillon School of Economics “The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.” Terry Pratchett – Men At Arms Sam Vimes isn’t wrong in his basic assumption about […]