The Debt Quilt
James Meek, 10 May 2012
“... the theological spadework that enabled the Tudors to break the old Christian prohibition on usury. Henry VIII legalised it; Edward VI recriminalised it; since Elizabeth I restored her father’s financial initiative in 1571 – albeit with a cap of 10 per cent – lending and borrowing money at interest has stealthily metamorphosed from rarity to ... ”