The economic teaching of the scholastics

Authors

  • Marek Micuch Postgraduate student of the University of Economics in Prague, Faculty of Economics, Department of Economics

DOI:

https://doi.org/10.52195/pm.v6i1.301

Abstract

This paper inquires into the economic teaching of the Scholastics. It reveals and brings into light some basic economic theories. It declares that there existed full understanding of many crucial economic questions and issues much more sooner that it is usually accepted among economic professionals as well as among people without economic background. It presents ideas of leading medieval school of economics – teaching of Scholastics. Its aim is to point out that Scholastics authors were the first one who set clear basis of liberal economics. It is trying to divert the attention from Classical Liberal teaching as a founding school of liberal teaching and turn it deeper back in time to period between 14th-17th centuries as a crucial period of liberal economic thinking. To do so, paper borrows many references and quotations of original texts of Scholastics authors.

JEL codes: B110, N010.

Resumen: Este artículo pone de manifiesto cómo los escolásticos lograron una comprensión plena de muchas cuestiones económicas importantes. Además, fueron los primeros en poner los fundamentos de la economía liberal, como se verá a partir de diversas citas tomadas de los textos originales.

Códigos JEL: B110, N010.

References

AUGUSTIN: The City of God, Penguin, London, 1972, bk. 11, p. 447

AQUINAS, T.: Summa Theologica, II, ii., qn. 77, art 3, ad 4

AZPILCUETA DE, M.: Manual de Confesores y Penitentes, Salamanca, 1556

BERNARDINO, OF SIENNA: Opera Omnia, Venice, 1591, bk. 2, Sermon 35, chap. 1, p. 335

CHAFUEN, A.A.: Faith and Liberty, Lexington Books, Maryland, 2003

COVARRUBIAS, DIEGO y LEVIA: Opera Omnia, Salamanca, 1577, bk. 11, p. 527

GARCIA, F.: Tratado Utilisimo de Todos los Contratos, Quantos en los Negocios Humanos se Pueden Ofrecer, Valencia, 1593, p. 251 LESSIO, L.: De justia et jure caeterisque virtutibus cardinalibus, Paris, 1606, bk. 4, lib. 2, cap, 21, p. 270

MARIANA DE, J.: Tratado Sobre la Moneda de Vellón, in Biblioteca de Antores Espanoles, Rivadeneyra, Madrid, 1950, Vol. 31, p. 578

MEDINA DE, J.: De Contractibus, p. 102

MISES VON, L: Theory and History, New Haven, Conn., Yale Uni-versity Press, 1957, p. 44-45.

MOLINA DE, J.: Justia et jure, tract. II., disp. 345, par. 2.

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Published

2009-01-01

How to Cite

Micuch, M. . (2009). The economic teaching of the scholastics. REVISTA PROCESOS DE MERCADO, 6(1), 161–174. https://doi.org/10.52195/pm.v6i1.301

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Articles