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Liberal Jansenists and interest-bearing loans in eighteenth-century France: a reappraisal

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  • Arnaud Orain
  • Maxime Menuet

Abstract

This article is an attempt to prove that although the liberal Jansenists – Jansenism being the most powerful Christian protest movement of the seventeenth and eighteenth centuries – were not the first and the only ones to address the prohibition of interest-bearing loans, their writings on the issue shifted and fuelled the debate during the French Enlightenment, especially among the Encyclopédistes and the economists. By refuting the very logic of “extrinsic titles” of the Scholastics and their extension later on by the Jesuits, the liberals Jansenists redefined “interest” as the price to be paid for the use of money.

Suggested Citation

  • Arnaud Orain & Maxime Menuet, 2017. "Liberal Jansenists and interest-bearing loans in eighteenth-century France: a reappraisal," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 24(4), pages 708-741, July.
  • Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:708-741
    DOI: 10.1080/09672567.2017.1338304
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    Cited by:

    1. Maxime Menuet, 2019. "The Relationship Between Theology and Economics: The Role of The Jansenism Movement," Post-Print hal-02315224, HAL.
    2. Maxime MENUET, 2020. "The Relationship Between Theology and Economics: The Contributions of the Early Jansenism," LEO Working Papers / DR LEO 2823, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.

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