Faith and Liberty "The Economic Thought of the Late-Scholastics"

The Economic Thought of the Late-Scholastics

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Chafuen, Alejandro

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ISBN:9780739105412
Editorial: Lexington
Fecha de la edición:2003
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Nº Pág.:166
Idiomas:Ingles,Inglés

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/ Historia del Pensamiento Económico

Most people think that free-market ideas and theories were first substantially developed in the 18th century by figures such as Adam Smith. In this revised edition of "Faith and Liberty", Alejandro A. Chafuen illustrates this misconception by examining the 16th- and 17th-century writings of a group of Catholic theologians and philosophers, known as the Late-Scholastics. They engaged in a systematic moral analysis of the ethical issues associated with trade and commerce. In doing so, they arrived at solutions that are in many senses indistinguishable from the ideas of many modern free market commentators. In this revised edition, Chafuen bolsters his case by including recent and pertinent material which gives rise to new questions and concerns

Foreword 7
Preface to the Second Edition 11
1 The Late Scholastics 13
2 The Scholastic Approach to Economics 19
3 Private Property 31
4 Public Finance 51
5 The Theory of Money 61
6 Commerce, Merchants, and Tradesmen 73
7 Value and Price 79
8 Distributive Justice 101
9 Wages 105
10 Profits 113
11 Interest and Banking 119
12 Late-Scholastic Economics Compared with "Classical Liberal" Economics 129
Conclusion 159
Index 161
About the Authors 171