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Economic Science and St. Thomas Aquinas

Economic Science and St. Thomas Aquinas
Author: Donald Boland
Publisher: Proving Press
Total Pages: 214
Release: 2016-03-25
Genre:
ISBN: 9781633370944

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This is a book on what is perhaps the most burning and urgent of social issues of our times, namely, the relationship between the science of Economics and Ethics. It demonstrates that the modern view has reversed the true relationship and that it is a mistake of enormous practical significance, not unrelated to the vicissitudes that the modern economy has experienced in the past and, now worldwide, is undergoing at the present time. To regain the proper perspective on the relationship, we need to recover the practical wisdom of two of the geniuses of Ethics in the history of that study: Aristotle and St. Thomas Aquinas.


Aquinas and the Market

Aquinas and the Market
Author: Mary L. Hirschfeld
Publisher: Harvard University Press
Total Pages: 270
Release: 2018-11-26
Genre: Business & Economics
ISBN: 0674988604

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Economists investigate the workings of markets and tend to set ethical questions aside. Theologians often dismiss economics, losing insights into the influence of market incentives on individual behavior. Mary L. Hirschfeld bridges this gap by showing how a humane economy can lead to the good life as outlined in the thought of St. Thomas Aquinas.


St. Thomas Aquinas (1225-1274)

St. Thomas Aquinas (1225-1274)
Author: Mark Blaug
Publisher:
Total Pages: 330
Release: 1991
Genre: Business & Economics
ISBN:

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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.


Thomas Aquinas and the Civil Economy Tradition

Thomas Aquinas and the Civil Economy Tradition
Author: Paolo Santori
Publisher: Routledge
Total Pages: 180
Release: 2021-05-16
Genre: Business & Economics
ISBN: 1000386589

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Delving into the history of economic thought, this book presents a picture of the Mediterranean spirit of capitalism, a tradition that has its protagonists in Thomas Aquinas and the eighteenth-century civil economy, and seeks to understand its presence and relevance for contemporary societies. The book argues that it is reductive to attribute to the ‘Protestant ethic’ the different formations of capitalism in the Western world. Instead, it is vital to acknowledge the differences in the ways in which the market is lived, enterprises are created and conducted, and civic life in general is understood in different regions. This thought-provoking study demonstrates that in Southern Europe, the legacy of Aquinas and the civil economy adds different terms to those recurring in classical and neo-classical economy: common good, reciprocity, virtue, public trust, mutual assistance, and public happiness. It is these ideas of a market as a place for mutual assistance which can be said to characterize the Mediterranean spirit of capitalism. Thomas Aquinas and the Civil Economy Tradition will be of interest to advanced students and researchers in the history of economic thought, economic philosophy, Christian ethics, and moral theology.


Aquinas and the Market

Aquinas and the Market
Author: Mary Lee Hirschfeld
Publisher:
Total Pages:
Release: 2018
Genre: BUSINESS & ECONOMICS
ISBN: 9780674988620

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Economists and theologians usually inhabit different intellectual worlds. Economists investigate the workings of markets and tend to set ethical questions aside. Theologians, anxious to take up concerns raised by market outcomes, often dismiss economics and lose insights into the influence of market incentives on individual behavior. Mary L. Hirschfeld, who was a professor of economics for fifteen years before training as a theologian, seeks to bridge these two fields in this innovative work about economics and the thought of St. Thomas Aquinas. According to Hirschfeld, an economics rooted in Thomistic thought integrates many of the insights of economists with a larger view of the good life, and gives us critical purchase on the ethical shortcomings of modern capitalism. In a Thomistic approach, she writes, ethics and economics cannot be reconciled if we begin with narrow questions about fair wages or the acceptability of usury. Rather, we must begin with an understanding of how economic life serves human happiness. The key point is that material wealth is an instrumental good, valuable only to the extent that it allows people to flourish. Hirschfeld uses that insight to develop an account of a genuinely humane economy in which pragmatic and material concerns matter but the pursuit of wealth for its own sake is not the ultimate goal. The Thomistic economics that Hirschfeld outlines is thus capable of dealing with our culture as it is, while still offering direction about how we might make the economy better serve the human good.--


St. Thomas Aquinas’ Philosophy

St. Thomas Aquinas’ Philosophy
Author: Battista Mondin
Publisher: Springer Science & Business Media
Total Pages: 159
Release: 2012-12-06
Genre: Philosophy
ISBN: 9401016798

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He Became Poor

He Became Poor
Author: Christopher A. Franks
Publisher: Wm. B. Eerdmans Publishing
Total Pages: 216
Release: 2009-04-06
Genre: Business & Economics
ISBN: 0802837484

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The only comprehensive theological treatment of Aquinas and economic theory. / Drawing on the views of Thomas Aquinas, this book challenges the modern economic tendency toward the "proprietary self" and calls for a renewed and timely appreciation of the virtues of trusting receptivity and humble awareness of our membership in a larger order. Christopher Franks reveals how the summons to become poor bestows a new intelligibility on formerly obscure economic teachings. In the course of his discussion Franks juxtaposes Aquinas with Aristotle, John Locke, and Alasdair MacIntyre. / He Became Poor not only makes a provocative case for taking Aquinas's thoughts on economics more seriously, but also illustrates how the very market conditions of the modern world cloud any attempt to fully understand Aquinas. Franks proffers a convincing argument that questioning market-formed assumptions can actually help us recover the evangelical character of Aquinas's ethics. / Drawing deeply on the views of Thomas Aquinas, He Became Poor challenges the modern economic tendency toward the proprietary self and calls for a renewed appreciation of the virtues of trusting receptivity and humble awareness of our membership in a larger benevolent order. Christopher Franks reveals how the summons to become poor bestows a new intelligibility on formerly obscure economic teachings. In the course of his discussion Franks juxtaposes Aquinas with Aristotle, John Locke, and Alasdair MacIntyre. / This book makes a provocative case for taking Aquinas s thoughts on economics more seriously and illustrates how the very market conditions of the modern world cloud any attempt to fully understand Aquinas. Franks offers a convincing argument that questioning market-formed assumptions can actually help us recover the evangelical character of Aquinas s ethics. / With a style as lucid as it is engaging, Christopher Franks probes by way of an astute interpretation of Aquinas s economic teachings an old revolutionary proposal Christian poverty. This Christ-configured economics is surpassingly relevant as global capitalism is faced with a cataclysmic collapse. The greatest praise I can give this book is that its author has learned much from Dominicans past and present not least from Thomas Aquinas so much indeed that He Became Poor is suffused with the true spirit of Dominican poverty. We have much to learn from this important work. Reinhard Htter / Duke Divinity School


A Humane Economy

A Humane Economy
Author: Wilhelm Röpke
Publisher: Open Road Media
Total Pages: 287
Release: 2014-04-08
Genre: Biography & Autobiography
ISBN: 1497636426

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“A Humane Economy is like a seminar on integral freedom conducted by a professor of uncommon brilliance.” —Wall Street Journal “If any person in our contemporary world is entitled to a hearing it is Wilhelm Röpke.” —New York Times A Humane Economy offers one of the most accessible and compelling explanations of how economies operate ever written. The masterwork of the great twentieth-century economist Wilhelm Röpke, this book presents a sweeping, brilliant exposition of market mechanics and moral philosophy. Röpke cuts through the jargon and statistics that make most economic writing so obscure and confusing. Over and over, the great Swiss economist stresses one simple point: you cannot separate economic principles from human behavior. Röpke’s observations are as relevant today as when they were first set forth a half century ago. He clearly demonstrates how those societies that have embraced free-market principles have achieved phenomenal economic success—and how those that cling to theories of economic centralization endure stagnation and persistent poverty. A Humane Economy shows how economic processes and government policies influence our behavior and choices—to the betterment or detriment of life in those vital and highly fragile human structures we call communities. “It is the precept of ethical and humane behavior, no less than of political wisdom,” Röpke reminds us, “to adapt economic policy to man, not man to economic policy.”


Economics, Philosophy, and Physics

Economics, Philosophy, and Physics
Author: Ching-Yao Hsieh
Publisher: M.E. Sharpe
Total Pages: 216
Release: 1991
Genre: Business & Economics
ISBN: 9780873327596

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Cover -- Half Title -- Title -- Copyright -- Dedication -- Contents -- List of Figures -- Acknowledgments -- Introduction -- The Classical Greek World View -- Philosophy -- Science -- Economics -- The World View of Saint Thomas Aquinas -- St. Thomas's Philosophy -- The Scholastic Approach to Science -- St. Thomas's Economics -- The Disintegration of the Medieval World View -- Chapter 1 Newtonian Physics, Philosophy, and Economics -- Newton's Grand Synthesis -- Newton's Influence on the Enlightenment -- The Newtonian Heritage of Contemporary Economics -- Reductionism -- Linearity