Sexual Harassment of A Young Man Changed Ancient Rome’s Banking Law
<p>Over centuries, laws on banking, in particular, money lending, evolved in the ancient Roman Republic. Mostly, the change was slow and gradual, but unusual events triggered a few major abrupt changes.</p>
<p>In this post, I look at how the sexual harassment of a young man led to a complete overhaul of the <em>nexi</em> system, a pillar of the Money lending business in the ancient Roman Republic.</p>
<p>The office of the tribune of the people had been created in 493 BCE as a response to the complaints of mistreatment of debtors by moneylenders. The people’s representatives were meant to safeguard the citizens’ rights, particularly how much interest they were charged on the loans they received.</p>
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