Debt or Sin? Legal-Theological Roots of the Moral Confusion in the EU Debt Crisis KU Leuven
The FWO research project “Debt or Sin?” starts from the hypothesis that the current moral confusion regarding debt and credit started already long before the present European debt crisis, or, for that matter, the rise of classical economics in the 18th century. It assumes that the principle that debts must be repaid and promises honored was elevated by moral theologians and jurists into a fundamental principle for organizing market ...