Handbook of Key Global Financial Markets, Institutions, and Infrastructure

Chapter 23

Rentes and the European ‘Financial Revolution’

J.H. Munro

University of Toronto, Toronto, ON, Canada

Outline

Chief Features of the Modern Financial Revolution

The Geographic Origins of the ‘Financial Revolution’: Public Finances in the Low Countries and France

The Historical Origins of the Rente Contracts: In Private Agricultural Finance

The Usury Doctrine and the Revival of the Anti-Usury Campaign

The Relationship Between Franco-Flemish Urban Rentes and the Anti-Usury Campaign in the Thirteenth Century

The Ecclesiastical Debate About the Usurious or Licit Nature of Rentes

Payments to Rentiers in Later-Medieval Flemish Towns

The Development of a Permanent Funded National Debt in Early-Modern France

The Development of Permanent Funded ...