Tag: Knights Templar
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Four Keys to Modern Prosperity: Capital Markets (Part 2)
Renaissance to Enlightenment Most of Europe was a collection of feudal agrarian societies before the Renaissance. Serfs paid rent to a lord for the use of land. That lord paid rent to a higher lord, who paid rent to a King. Lack of clear title for land ownership made exchanges in real estate very difficult.…
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Four Keys to Modern Prosperity: Capital Markets (Part 1)
CAPITAL MARKETS Throughout most of human history, there have been two major factors in economic survival: Land and labor. These are referred to in economics as means of production. The overwhelming majority of people throughout history have spent their lives growing crops and raising livestock to provide for their own needs. As recently as 1885,…
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Theology and Economics: Captial Markets (Part 2)
The term “capital” first came into use in the fourteenth century to identify funds that have the capacity to return income, rather than simply being of consumable value. Thus, in early usage, “capitalism” referred to the use of wealth (or money) to earn wealth (or money). Put another way, the word “capitalism” implied using wealth…