Tag Archives: Ancient Near East

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By M. Hudson (University of Missouri) and C. Goodhart (LSE) As published by the Center for Economic Policy Research. AbstractIn this paper we recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. We note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial institutions, such as banks, insurance companies, etc., rather than by...

[unable to retrieve full-text content]Once again on the Renegade Economists radio show, with insights from the economic history of the Middle Ages, with a particular focus on the Byzantine era. How have the wealthy remained in control, in the process removing the debt jubilee?