IIRC from the book, the debt forgiveness in the ancient middle east was mostly done on ad hoc basis (i.e. semi-randomly). Once the king felt that the things are getting out of control he declared all the debt obligations void.
IIRC from the book, the debt forgiveness in the ancient middle east was mostly done on ad hoc basis (i.e. semi-randomly). Once the king felt that the things are getting out of control he declared all the debt obligations void.