I summarize the key points of the scholastic theory of usury following The Scholastic Analysis of Usury by John T …. Noonan. Usury is the sin of taking interest on a loan without a just title. According to Scholastic moral theology, interest …

“Rent-a-bank” arrangements are the vehicle of choice for subprime lenders seeking to avoid state usury, licensure, and … substitute for usury laws. The entity-based regulatory system is based on the dated assumption that transactions align with …-aggregated transactions involving a mosaic of entities, some bank and some non-bank. The mismatch facilitates regulatory arbitrage of usury …

growth rates are low. Data from U.S. states' regulations supports a connection between inequality and usury laws. The history … of usury laws suggests that this social insurance mechanism is one reason why usury laws persist, but it also suggests … that usury laws have had different functions across time (eg. rent-seeking, limiting agency problems within the church …