St. Thomas Aquinas (1225-1274)


St. Thomas Aquinas (1225-1274)

edited by Mark Blaug

(Pioneers in economics, 3 . [Section 1 . The forerunners of classical economics])(An Elgar reference collection)

E. Elgar, c1991

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Includes bibliographical references and index



Thomas Aquinas is generally acknowledged to be the greatest theologian of the Middle Ages and his masterpiece, 'Summa Theologica', provides a complete and authoritative statement of medieval economic thought that has remained the official Catholic view right up to the present time. St Thomas had a decisive influence on economic thought in at least three broad areas: the theory of private property, the theory of the just price and the doctrine of usury. St Thomas's great contribution to economic thought, as to theology, moral philosophy, and politics, lies in his emphasis on ratiocination on the Greek ideal of accepting nothing unless good reasons can be given for it.


Contents: Acknowledgements * Introduction 1. B.W. Dempsey (1935), 'Just Price in a Functional Economy' 2. E.A.J. Johnson (1938), 'Just Price in an Unjust World' 3. R. de Roover (1951), 'Monopoly Theory Prior to Adam Smith: A Revision' 4. R. de Roover (1955), Scholastic Economics: Survival and Lasting Influence from the Sixteenth Century to Adam Smith' 5. R. de Roover (1958), 'The Concept of the Just Price Theory and Economic Policy' 6. J.J. Spengler (1964), 'Economic Thought of Islam: Ibn Khaldun' 7. S. Hollander (1965), 'On the Interpretation of the Just Price' 8. J. Melitz (1971), 'Some Further Reassessment of the Scholastic Doctrine of Usury' 9. J.D.C. Boulakia (1971), 'Ibn Khaldun: A Fourteenth-Century Economist' 10. G.W. Wilson (1975), 'The Economics of the Just Price' 11. S.T. Worland (1977), 'Justum Pretium: One More Round in an "Endless Series"' 12. L. Haddad (1977), 'A Fourteenth-Century Theory of Economic Growth and Development' 13. D.D. Friedman (1980), 'In Defense of Thomas Aquinas and the Just Price' 14. O. Langholm (1982), 'Economic Freedom in Scholastic Thought' Name Index

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