Section

Money and Economics

Original editorial articles and explainers.

August 31, 2026

To Have Is to Owe

For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seiz- ing of vineyards, and the selling of debtors’ children into slavery. By the same […]

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