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Calvin's Restrictions on Interest

Calvin's Restrictions on Interest

  • Semi-Technical
  • Johan J. Graafland

This article is about John Calvin's view on the legitimacy of interest. Calvin could agree with the idea of interest, but also placed restrictions on the charging of interest. This article also looks at the relevance of Calvin's view on interest for the credit crisis of 2008 and the policies of banks and governments.

Source: European Banking Center, 2009. 20 pages.

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A man’s treatment of money is the most decisive test of his character—how he makes it and how he spends it. James Moffat
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