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Faith and Liberty
The Economic Thought of the Late Scholastics
- Textbook
Faith and Liberty
The Economic Thought of the Late Scholastics
- Textbook
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Description
Most people think that free-market ideas and theories were first substanially developed in the eighteenth century by figures such as Adam Smith. In this revised edition of Faith and Liberty, Alejandro A. Chafuen illustrates this misconception by examining the sixteenth and seventeenth century writings of a group of Catholic theologians and philosophers. The Late- Scholastics, as they are called, were the first to engage 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 ediiton, Chafuen blosters his case by including recent and pertinent material which gives rise to new questions and concerns. Reading this book will force to consider what they understand to be an authentiaclly Christian approach to economic questions.
Table of Contents
Chapter 2 The Scholastic Approach to Economics
Chapter 3 Private Property
Chapter 4 Public Finance
Chapter 5 The Theory of Money
Chapter 6 Commerce, Merchants, and Tradesmen
Chapter 7 Value and Price
Chapter 8 Distributive Justice
Chapter 9 Wages
Chapter 10 Profits
Chapter 11 Interest and Banking
Chapter 12 Late-Scholastic Economics Compared with "Classical Liberal" Economics
Product details
Published | May 07 2003 |
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Format | Paperback |
Edition | 2nd |
Extent | 176 |
ISBN | 9780739105412 |
Imprint | Lexington Books |
Dimensions | 9 x 6 inches |
Series | Studies in Ethics and Economics |
Publisher | Bloomsbury Publishing |
About the contributors
Reviews
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. . . Chafuen convincingly undermines the facile assumptions that free-market ideas and theories originated with Adam Smith and his contemporaries.
Theological Studies
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This book likewise seeks to address itself to free market economists and historians who have neglected or failed fully to understand the relation of general moral purpose to economics itself. Chafuen relates this connection in a coherent and systematic manner that should also serve as a positive contribution, seen in light of this long history of moral and economic reflection, both to modern economics as a study and to modern social thought as a practice.
James V Schall, Georgetown University, From The Foreword