«but in the Bible there is the concept of “jubilee”, a forgiveness of public debts every seventh year or so»
I am amazed that you used the qualifier "public" for "debts", because that is indeed the correct description of ancient middle eastern practice.
More precisely it was usually the forgiveness of indentures from tax arrears owed by c…
«but in the Bible there is the concept of “jubilee”, a forgiveness of public debts every seventh year or so»
I am amazed that you used the qualifier "public" for "debts", because that is indeed the correct description of ancient middle eastern practice.
More precisely it was usually the forgiveness of indentures from tax arrears owed by citizens, often to tax-farming foreign traders who had purchased tax invoices for those arrears from the government.
«but in the Bible there is the concept of “jubilee”, a forgiveness of public debts every seventh year or so»
I am amazed that you used the qualifier "public" for "debts", because that is indeed the correct description of ancient middle eastern practice.
More precisely it was usually the forgiveness of indentures from tax arrears owed by citizens, often to tax-farming foreign traders who had purchased tax invoices for those arrears from the government.