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Christianity and the Rise of Capital

Written by rober6thom on . Posted in Action Institute

Given that he was a member of the famously ascetic Franciscan order with his own reputation for detachment from worldly things, Bernardine of Siena (1380–1444) was remarkably insightful about money. Most people are understandably surprised to learn that some of the important intellectual developments that first enabled finance to become an engine of growth were made by men who had, for the most part, freely taken vows of poverty.

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