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On Commerce and Usury (1524)
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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.
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Martin Luther
Martin Luther (1483–1546) was a German theologian and one of the most influential figures in the Protestant Reformation. Some of Luther’s best-known works are the Ninety-Five Theses, “A Mighty Fortress Is Our God,” and his translation of the Bible into German.
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On Commerce and Usury (1524) - Martin Luther
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