It is amusing to read that The School of Salamanca shows that the teachings of the Bible are completely compatible with the notions of free markets

Martín de Azpilcueta (1492?-1586)

 

Completely compatible, except for the usury lol.

Studying in the School of Salamanca

Daniel Lacalle, The Acton Institute 

 

The School of Salamanca was key to the development of our understanding of the importance of human action and freedom as basic principles of prosperity and growth, but also the moral superiority of free trade, private property rights, and economic freedom. Salamanca also reminds us that the moral principles of Catholic doctrine and the teachings of the Bible are completely compatible with the notions of free markets, individual liberty, and small government. ...

The Salamanca scholars also highlighted the importance of interest rates, not as a measure of greed but as a measure of risk. In his writings, Azpilcueta asserted that “the lender may licitly demand something beyond the principal, because he loses the chance to profit from that money in some other way.” Any loan involving capital investment necessitates an interest rate to differentiate it from other loans that are either less risky or less vital for society.

Interest rates serve as a moral guideline to determine the most effective way to use capital, making it worthwhile for lenders to take risk and lend to those who will return it safely, quickly, and productively, thus making the virtuous credit cycle the most effective way to get capital to work. At the time, it was common to think that charging interest was immoral, and that speculators, bankers, and the financial sector in general existed only to exploit the most productive sectors of society. Scholars from the School of Salamanca took the counterintuitive position that charging interest played a crucial role in enhancing opportunities for business, traders, and ultimately the growth of the most productive sectors. ...

  

Gee, why was it common to think that usury was immoral and exploitative at the time? 

 

If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.

-- Exodus 22:25

Take thou no usury of him, or increase: but fear thy God; that thy brother may live with thee.

-- Exodus 25:36

Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.

-- Leviticus 25:37

Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury:

-- Deuteronomy 23:19

Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury: that the LORD thy God may bless thee in all that thou settest thine hand to in the land whither thou goest to possess it.

-- Deuteronomy 23:20

When thou dost lend thy brother any thing, thou shalt not go into his house to fetch his pledge.

-- Deuteronomy 24:10 

Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.

-- Ezekiel 18:13 

And if ye lend to them of whom ye hope to receive, what thank have ye? for sinners also lend to sinners, to receive as much again. But love ye your enemies, and do good, and lend, hoping for nothing again; and your reward shall be great, and ye shall be the children of the Highest: for he is kind unto the unthankful and to the evil.

-- Luke 6:34f.

 

As with the usurers who crept into Catholicism at Salamanca, they crept also into the Gospels, turning Jesus himself into a usurer.

Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.

-- Matthew 25:27

Wherefore then gavest not thou my money into the bank, that at my coming I might have required mine own with usury?

-- Luke 19:23

The Jesuits crept into Salamanca not far behind the usurers, the ground already prepared there for such casuistry. 

Meanwhile a Jesus who teaches giving everything away to the poor to become a disciple (Luke 14:33) wouldn't have any money himself left over for "the exchangers" or "the bank" to increase it, let alone money for the taxman:

Notwithstanding, lest we should offend them, go thou to the sea, and cast an hook, and take up the fish that first cometh up; and when thou hast opened his mouth, thou shalt find a piece of money: that take, and give unto them for me and thee. 

-- Matthew 17:27

Jesus' followers are to be as poor as their master, and utterly rely on their father in heaven: 

The disciple is not above his master: but every one that is perfect shall be as his master.

-- Luke 6:40

No servant can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon. 

-- Luke 16:13 

Gene Veith surprisingly misses what early radio preachers like Walter A. Maier of The Lutheran Hour were really up to in helping to reverse "America's Religious Depression"

 

At one point in his excellent review of Ministers of a New Medium: Broadcasting Theology in the Radio Ministries of Fulton J. Sheen and Walter A. Maier, Gene Veith makes passing reference to their opposition to the atomic bombings of Japan, which for the time seems like a pretty conventional position for churchmen to take who were already grappling with the profoundly demoralizing effects of the atrocities of the World Wars.

Veith, however, might have better considered this larger theme of American demoralization and how preachers such as these rose to address it. In a word, they did it first, by reasserting the primacy of God's law, calling a spade a spade. The two broadcasting luminaries were, as he says, "robustly orthodox", and frequently "began with a searing condemnation of sin, often occasioned by a current issue or event".

Veith, a Lutheran, oddly misses that the phenomenal recovery of the churches in the post-war from the malaise of the period 1930-1950, "America's Religious Depression", stems precisely from preaching what Lutherans call Law and Gospel. First, they called the wars' sins actual sin, something most men and women who lived that hell needed and wanted to hear, something which made sense of the senseless maelstrom into which the whole world had been plunged, not once but twice. Second, they proclaimed the gospel's antidote to that sin in the form of Christ's gracious act of redemptive death on the cross. We had blood on our hands, but Christ's blood washed it away.

People forget how amazingly popular The Decalogue, The Ten Commandments, became during the 1950s. Preachers preached it, film makers dramatized it, President Eisenhower himself promoted it, monuments to it went up everywhere. It was what war weary souls most needed to hear. Love for God's law reoriented the entire country.

We were a victorious nation, but a nation literally sick of the immorality of war and desperate for forgiveness. The Law, and then the Gospel, together answered this situation. The churches boomed, the population boomed, the economy boomed.

 

On the contrary, the frenzy of negation will burn itself out

 The old progressives—whether Marxists, socialists, or New Deal liberals—wanted to construct a better world, and they had an idea of what that would look like. “The new frenzy is an activism not of construction but of negation” in which “the point is to undo, to liberate and emancipate." 

Thus, “the mode is one of undoing, taking apart, deconstructing, and critique, all in the name of emancipation, liberation, self-determination, and choice.”

This frenzy of negation is all-consuming and self-consuming. Snell notes how the sexual revolution, predicated on infertility and the termination of pregnancy, now turns against the sexed body itself, with the ideology of transgenderism.

The frenzy of negation will never end, it should be noted, for these activists “do not seek anything.” Thus, there is no goal, just a constant conflict against objective reality.

More. 

Nature abhors a vacuum, and those who fail to reproduce, or who extinguish themselves, will be replaced by those who do reproduce, and by those who give each other life and build rather than dismantle and destroy.

Do not sing "keep me free from birth". Choose life.

 

 

 

Hysteria characterizes academic literature on Christian nationalism today

 From the story here:

If a conservative Presbyterian who has long argued that the church should stay out of politics tests positive for Christian nationalism, someone could wonder if sociologists need an equivalent to what epidemiologists have in asymptomatic carriers of COVID. Can a class of Christian nationalists exist who have no strong symptoms of this political virus? If so, do they need to be in political isolation? 

Christian financial guru Dave Ramsey appeals to the invisible hand of capitalism like the Pharisees appealed to the tradition of the elders

Dave Ramsey, quoted here:

If I raise my rent to be market rent, that does not make me a bad Christian. I did not displace that person out of that house if they can no longer afford it. The marketplace did. The economy did. The ratio of the income that they earn to their housing expense displaced them. I didn’t cause any of that. And so you are not displacing them. You are taking too much credit for what is going on …

 

 

 

 

 

"Not my problem" is man's perennial problem:

But you say it is all right for people to say to their parents, 'Sorry, I can't help you. For I have vowed to give to God what I would have given to you.' In this way, you let them disregard their needy parents. And so you cancel the word of God in order to hand down your own tradition.

-- Mark 7:11ff.