Medieval Economic ThoughtThis 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. |
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according allowed amount Analysis applied Aquinas Aristotle attitude balance became become Bishop body borrower Cambridge canon century charity Christian Church coinage common contract court currency demand discussion early economic Edward effect England English equality especially Ethics Europe example exchange fixed followed fourteenth century Franciscan friars give given gold Henry History human Ibid ideas important individual interest involved Italy John John Wyclif justice king known labour land Langholm late medieval later lines live loan London lord master mean meant measure Medieval merchant Middle Ages natural original ownership Oxford Paris Pauper payment period political poor possession poverty practice problem profit question result rich Roman Scholastic sell silver society standards status Studies Summa theory things Thomas thought trade trans twelfth usurer usury views wages wealth weight