David W. Cooney – Page 21 – Practical Distributism

Distributism and the Home Mortgage

29 June, 2009

Our current mortgage system provides an excellent example of why usury used to be illegal. Many people today believe that usury is just another word for interest, but that is not strictly correct. George O’Brien gives a more thorough explanation of usury in “An Essay on Medieval Economic Teaching,” but one aspect of usury is … More Distributism and the Home Mortgage

Why Practical Distributism?

29 June, 2009

It is not enough to simply describe distributism to those who are unfamiliar with it. As Hilaire Belloc stated in his Essay on the Restoration of Property, the movement must also provide an explanation on how distributism, as an economic system, is a practical and workable system. Those reading our theories have been raised in … More Why Practical Distributism?