my understanding is that this doesn't work out in practice, much the same way Christian teachings are ignored or "loopholes" are found. but boy is that the exact right attitude, on paper, to have towards money.
my understanding is that this doesn't work out in practice, much the same way Christian teachings are ignored or "loopholes" are found. but boy is that the exact right attitude, on paper, to have towards money.
The loophole for merchants in the Middle Ages was uneven business partnerships where one person would provide the funding to the person who was actually going to do the work. Then, the person who gave the money would get their money back in full plus a percent of the total profit (if the venture was successful). (from this book https://press.princeton.edu/books/paperback/9780691139319/under-crescent-and-cross)
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