Faith and Liberty the Economic Thought of the Late Scholastics. [electronic resource] :
- 2nd ed.
- Lanham : Lexington Books, 2003.
- 1 online resource (302 pages)
STUDIES IN ETHICS AND ECONOMICS; Title Page; Copyright Page; Table of Contents; FOREWORD; PREFACE TO THE SECOND EDITION; 1 -- The Late Scholastics; Origins and Influence; The Hispanic Scholastics; Notes; 2 -- The Scholastic Approach to Economics; Analytical and Normative Natural Law; The Nature of Ethics; The Nature of Economics; The Influence of Ethics on Economics; The Importance of Natural-Law Theories; Notes; 3 -- Private Property; Underground Property; Ownership and Use of Property; Extreme Need; Notes; 4 -- Public Finance; The Nature and Forms of Government; Government Expenditures. Principles of TaxationNotes; 5 -- The Theory of Money; Money and Prices; Currency Debasement and Private Property; Inconveniences Caused By Currency Debasement; Notes; 6 -- Commerce, Merchants, and Tradesmen; International Trade; Notes; 7 -- Value and Price; The Just Price Theory; Price Controls and Legal Price; Prices and Equality; Donations; Prices and Knowledge; Monopoly Theory; Notes; 8 -- Distributive Justice; Notes; 9 -- Wages; The "Just Wage"; Condemned Practices in the Labor Market; Notes; 10 -- Profits; Notes; 11 -- Interest and Banking; The Condemnation of Interest; Banking; Notes. 12 -- Late-Scholastic Economics Compared with "Classical Liberal" EconomicsPrivate Property; Public Finance; The Theory of Money; Trade; Value and Price; Distributive Justice; Just Wages; Profits; Interest and Banking; Notes; CONCLUSION; INDEX; ABOUT THE AUTHORS.
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, known as the Late-Scholastics. In this revised ediiton, Chafuen blosters his case by including recent and pertinent material which gives rise to new questions and concerns.