Chapter

Monetary Obligations and Economic Regulation

R. H. Helmholz

in The Oxford History of the Laws of England

Published in print January 2004 | ISBN: 9780198258971
Published online March 2012 | e-ISBN: 9780191681882 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198258971.003.0006

Series: The Oxford History of the Laws of England Series ISBN 0-19-961352-4

Monetary Obligations and Economic Regulation

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This chapter discusses the law of the church and its reach in many commercial institutions. A certain separation of the church from worldly concerns, which was an aspiration of the Gregorian reformers and was embodied in the canon law, could not have entailed renunciation of contact with the economic life of the laity. In some ways, the canons actually intensified that contact, because the church itself sought to direct the ordinary course of men's lives. Religion's reach was long and wide, and the law of the church had something to say about the many commercial institutions. The theory of the just price in commercial dealings, the prohibition of lending money at interest, and the use of restitution and unjust enrichment as legal remedies — these were all areas where the law of the medieval church concerned itself directly with the market-place.

Keywords: commercial institutions; Gregorian reformers; canons; church; legal remedies

Chapter.  17288 words. 

Subjects: History of Law

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