Abstract
For approximately four centuries prior to the Reformation and the break-up of Christianity, major advances in economic ethics and analysis were made by representatives of medieval scholasticism. Theologians and philosophers, aided by canonists and Romanists, the scholastics aimed at moral instruction based on an understanding of economic phenomena and relationships. Condemning avarice, fraud and economic coercion, they dealt with trade and price, money and usury, labour and wages. They thus forged a link between ancient and early modern economic thought.
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Langholm, O. (2018). Scholastic Economics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2755
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2755
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