THE ETHICS OF USURY
By Ben Cooper
The Latimer Trust. 39 pages. £3.99
ISBN 978 1 906 327 064
Charging interest is one of the fundamentals of our capitalist society. But what does the Bible say on the subject? Is it right to charge interest? This is the central question addressed by the author.
The author starts by explaining that both Latimer and Luther condemned any form of usury (the charging of interest). But something has happened in Christian thought between now and then, so that now Christians commonly take out mortgages and happily place funds on deposit expecting a rate of interest to be paid in return.