Routledge - A History of Interest and Debt: Ancient Civilizations

Explore the deep historical roots of global finance with A History of Interest and Debt: Ancient Civilizations. Part of the Islamic Business and Finance Series, this Routledge publication examines how interest-based transactions shaped the world. As interest-based systems spread, they brought about significant issues like inequality, poverty, and debt-based slavery. This book looks past the negative reputation of usury to understand how these practices helped build the conventional financial system used in the global economy today. By studying the evolution of interest-bearing debt from ancient times through the era of Abrahamic religions, readers gain a better understanding of the core concepts that drive modern finance. This text provides a necessary historical perspective for anyone interested in business, economic history, or the development of financial institutions. It is a valuable resource for students and professionals seeking to understand the origins of the economic structures that define our current era.