Jill Lepore Quotes
The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.
Lepore, Jill. "I.O.U." The New Yorker, 13 Apr. 2009.
Sherman, at the height of the California Gold Rush, took a private assignment for Moffett & Company, establishing and running an assaying, banking and minting company in San Francisco
Such an interest rate was not considered high, much less usurious.
Jill Lepore is an American historian. She is the David Woods Kemper ’41 Professor of American History at Harvard University and a staff writer at The New Yorker, where she has contributed since 2005. She writes about American history, law, literature, and politics.