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We measure the effect of an anti-predatory pilot program (Chicago, 2006) on mortgage default rates to test whether predatory lending was a key element in fueling the subprime crisis. Under the program, risky borrowers and/or risky mortgage contracts triggered review sessions by housing...
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In Beggar Thy Neighbor, financial historian Charles R. Geisst tracks the changing perceptions of usury and debt from …Saints and sinners -- Embracing Shylock -- Protestants, war, and capitalism -- The great experiment -- The new debt … revolution -- Something old, something new -- Islam, interest, and microlending -- The consumer debt revolution -- Early interest …
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Acknowledgements -- Preface -- It's not just the inequality stupid! -- Shylock unchained -- Shylock chained -- Troubles in capitalist paradise -- Merchants of Venice on Wall Street -- The final "pound of flesh
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