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This book is an introduction to medieval economic thought, mainly from the twelfth to the fifteenth centuries, as it emerges from the works of academic theologians and lawyers and other sources - from Italian merchants' writings to vernacular poetry, Parliamentary legislation, and manorial court rolls. It raises a number of questions based on the Aristotelian idea of the mean, the balance and harmony underlying justice, as applied by medieval thinkers to the changing economy. How could private ownership of property be reconciled with God's gift of the earth to all in common? How could charity balance resources between rich and poor? What was money? What were the just price and the just wage? How was a balance to be achieved between lender and borrower and how did the idea of usury change to reflect this? The answers emerge from a wide variety of ecclesiastical and secular sources.
Assembling contributions from top thinkers in the field, thiscompanion offers a comprehensive and sophisticated exploration ofthe history of economic thought. The volume has a threefold focus:the history of economic thought, the history of economics as adiscipline, and the historiography of economic thought. Provides sophisticated introductions to a vast array oftopics. Focuses on a unique range of topics, including the history ofeconomic thought, the history of the discipline of economics, andthe historiography of economic thought.
This excellent and concise summary of the social and economic history of Europe in the Middle Ages examines the changing patterns and developments in agriculture, commerce, trade, industry and transport that took place during the millennium between the fall of the Roman Empire and the discovery of the New World. After outlining the trends in demography, prices, rent, and wages and in the patterns of settlement and cultivation, the author also summarizes the basic research done in the last twenty-five years in many aspects of the social and economic history of medieval Europe, citing French, German and Italian works as well as English. Significantly, this study surveys the present state of discussion on a number of on unresolved issues and controversies, and in some areas suggests common sense answers. Some of the problems of economic growth, or the lack of it, are looked at in the light of current theories in sociology and economic thought. This classic text, first published in 1972, makes a useful and interesting general introduction for students of medieval and economic history.
In this important volume, Joost Hengstmengel examines the doctrine of divine providence and how it served as explanation and justification in economic debates in the sixteenth, seventeenth and eighteenth centuries throughout Western Europe. The author discusses five different areas in which God was associated with the economy: international trade, division of labour, value and price, self-interest, and poverty and inequality. Ultimately, it is shown that theological ideas continued to influence economic thought beyond the Medieval period, and that the science of economics as we know it today has theological origins. Interdisciplinary in nature, this book will be of interest to advanced students and researchers in the history of economic thought, the history of theology, philosophy and intellectual history.
This is the first collection of essays dedicated to the topics of money and economics in the English literature of the late Middle Ages. These essays explore ways that late medieval economic thought informs contemporary English texts and apply modern modes of economic analysis to medieval literature. In so doing, they read the importance and influence of historical records of practices as aids to contextualizing these texts. They also apply recent modes of economic history as a means to understand the questions the texts ask about economics, trade, and money. Collectively, these papers argue that both medieval and modern economic thought are key to valuable historical contextualization of medieval literary texts, but that this criticism can be advanced only if we also recognize the specificity of the economic and social conditions of late-medieval England.
"A History of European Economic Thought grafts the history of economic thought onto Global History by showing how significant economic ideas have influenced the process of Europe's formation from the very beginning to the present day. This work joins together two classical stories that until today have followed parallel paths. On the one hand, the political history of Europe, which is often limited to a few fleeting references to the ideas of the great economists of the past, and, on the other hand, the history of economic thought, which looks at Europe as a whole, as a distinct supranational community, only with reference to the institutions created after World War II. The volume contributes to shedding light on the constitutive values of Europe, which also stem from a particular economic culture. It provides essential reading for students and scholars of the history of economic thought. Antonio Magliulo is Full Professor of History of Economic Thought at the University of International Studies of Rome, Italy"--
Thanks to its exceptional size and duration, the Roman Empire offers one of the best opportunities to study economic development in the context of an agrarian world empire. This volume, which is organised thematically, provides a sophisticated introduction to and assessment of all aspects of its economic life.
This book provides perspectives on the ways in which scholastic natural philosophy anticipated and contributed to the emergence of scientific thought.
The growth of serious interest during the last fifty years in the scholastic contribution to the development of economic thought has been very marked, and no-where more so than in the history of economic thought in Spain. First published in 1978, this book begins in the Middle Ages and traces the effect on business practice and on thought of the presence of the Christian, Islamic and Jewish communities who lived side by side in the Peninsula. It shows how the economics of Plato and Aristotle were transmitted by way of Toledo to the Latin West. In the second half of the book the author considers e~Salamancane(tm) ideas and the views of the political economists and e~projectorse(tm) who preceded the Enlightenment. At the same time she surveys the present state of the subject and offers bibliographical guidance for the reader.