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The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.
Jill Lepore
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"The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy."
— Jill Lepore #moneywealth

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The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise o…

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The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy. — Jill Lepore

About Jill Lepore

Jill Lepore was a Historian from United States (1966–present).

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Frequently Asked Questions

Who said "The idea that debt is necessary for trade, and has to be forgiven, is consequen…"?
This quote is attributed to Jill Lepore, a Historian from United States.
When did Jill Lepore live?
Jill Lepore lived from 1966 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.