"Is God Giving or Trading? Thomas Aquinas's First Use of "Just Price

Dados Bibliográficos

ID4297938
AutoresPierre Januard (0000-0003-0574-0086, PHARE, Université Paris 1 Panthéon-Sorbonne, Maison des Sciences Économiques, 106–112, boulevard de l'Hôpital, 75647 Paris Cedex 13, France ([email protected]), autor correspondente)
Ano2025
Volume57
Fascículo2
Páginas233-277
Data de publicação2025-04-01
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoHistory of Political Economy (JOURNAL)
Identificadores do periódicoISSN: 0018-2702 • E-ISSN: 1527-1919
EditoraDuke University Press (PUBLISHER • US)
DOI10.1215/00182702-11642364
OpenAlexW4404995321
IdiomaEN
Citações recebidas3
Referências citadas49

The phrase "just price" first appears in Aquinas's Commentary on the Book of Isaiah (1252). Interestingly, even in this early work Aquinas introduces the notion of price to comment on a verse, a term which had in fact disappeared with the Vulgate Latin translation, on which Aquinas relied, and which does not appear in the Fathers' commentaries. Aquinas here provides the founding elements of his later analyses: the role of the price in ensuring the justice of exchange but also the diversity of possible exchange ratios, not necessarily referring to price, in order to account for limit cases within an exchange framework

Economic Justice · Economics · Epistemology · Law and economics · Limit (mathematics · Linguistics · Microeconomics · Order (exchange · Phrase · Positive economics · Term (time · Historical Economic and Legal Thought · Historical Economic and Social Studies · Mathematics · Medieval Philosophy and Theology · Philosophy