Catholic teaching on usury and interest – continuity amidst change

Carlo Crivelli, Public domain, via Wikimedia Commons

Finance and banking are institutions heavily associated in most people’s minds with modernity and the development of modern economies. While there is a certain truth to that, in the sense that the scale and reach of such institutions accelerated in the nineteenth century, it disguises the fact that most of the tools, methods and institutions associated with modern finance attained their mature form in the Catholic world of mediaeval Europe.

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Statues – should they stay or should they go?

Statues - should they stay or should they go

In the late 1970s I lived in rooms in Oriel College, Oxford, a few metres from the infamous statue of Cecil Rhodes in the city’s High Street. I don’t recall the statue, or the smaller ones also on the wall (including Cardinal William Allen) ever being discussed. Rhodes was only at Oriel for one term in 1873, leaving a lot of money to the college and to the university, partly for the scholarships bearing his name. What does Catholic Social Teaching have to say about the statue’s future, and that of similar monuments?

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