Popes & Bankers: A Cultural History of Credit & Debt, from Aristotle to AIG
Amidst the wreckage of today’s finical ruin people are left asking…
How did the economy derail? Where did it all begin?
In his accessible and often amusing book, Jack Cashill traces the origins of the recent financial meltdown to its surprising roots, all the way back to Deuteronomy !
(Nashville) - Happy birthday stimulus! While President Obama hails the one-year anniversary of the $787 billion American Recovery and Reinvestment Act, skeptical Americans try desperately to understand exactly what has recovered. As our leaders talk about how much worse it could have been, citizens are left to wonder; how did this happen? Where did all of the problems begin? When will it be over?
From Plato to payday loans, from Aristotle to AIG, from Shakespeare to the Salomon Brothers, and from the Medici to Bernie Madoff Jack Cashill, a journalist and scholar as shrewd as he is seasoned, looks past the headlines delves into the pages of history, and comes back with the goods.
Popes and Bankers: A Cultural History of Credit & Debt, From Aristotle to AIG (Thomas Nelson, 978-1-5955-5273-0, $14.99) is the first and even amusing history of the endlessly fascinating topic of credit and debt, which has shaped civilization in ways even bankers cannot begin to imagine. With a dizzying cast of characters, including church officials, loan sharks, the founding fathers, Martin Luther, Karl Marx, FDR, J.P Morgan, Michael Milken, Barney Frank, and even the Knights Templar, Cashill traces the creative tension between “pious restraint” and “economic ambition” through the annals of human history and illuminates both the dark corners of our past and the dusty corners of our billfolds. READ MORE »

