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Paul Mills
Could we do without interest?
Published date: Sunday, December 01, 2002
By: Paul Mills

In a radical paper examining the Old Testament’s teaching on charging interest, economist Paul Mills suggests that the interest-based economy may be morally bankrupt—and offers a surprising alternative vision drawn from Islamic banking.

Summary
Financial disasters are currently everyday occurrences. Many are attributable to the workings of a debt- and interest-based economy. Rather than argue the case for and against the biblical prohibition of

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Filed under : Business, Law & Government
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