On Commerce and Usury (1524)

By: Martin Luther, Philipp Robinson Rssner (Introduction by)

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Hardcover | 15 September 2015

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Hardcover
242 Pages

Dimensions(cm)
22.8 x 15.2 x 2.5

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This volume presents Martin Luther's contribution to the modern economic sciences, providing a detailed introduction and revised translation of his major pamphlet on economic matters, 'On Commerce and Usury' ('Von Kauffshandlung und Wucher', 1524). In his teachings on indulgences, Luther picked up on the question of hoarding money, and was among the earliest voices in early modern Europe calling for an 'ethical' economics. Luther's work prefigured many later contributions to modern economic theory, from the mercantilists and cameralists to the German Historical School.

Industry Reviews

'In his deeply erudite introduction, Philipp R¶ssner offers a vivid contextualization of Luther's thinking on how commerce should be managed in order to promote a proper Christian society. R¶ssner not only explores Luther's ideas on commerce and ethics from the point of view of modern economics, but he uses Luther's perspective as a critical lens through which he examines, with great nuance and clarity, the state of economic reasoning today.' -Carl Wennerlind, Columbia University

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