Q. Mr. McCall, thank you for joining us to discuss your new book The Church and the Usurers: Unprofitable Lending for the Modern Economy. Why would you write a book about usury at this time?
A. There are two primary motivations for conducting the years of research to write the book. First, for decades many have claimed that the Church has changed her doctrinal position on usury; having prohibited it she now says it is not immoral. Many liberals use this purported change in moral doctrine to argue that the Church can change moral doctrine on for example contraception. The book argues that the Church has not changed (since such a change is impossible) the moral doctrine concerning usury. The second reason is the serious financial crisis that has been ongoing since 2007 and which has cost tax payers hundreds of billions of dollars. At the root of this crisis is our monetary and financial system which is rooted in the lending of money for a profit. Although I certainly do not have a magic …More