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.

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ISBN: 0674986407

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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.--

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.”

The Market as God

The Market as God
Author: Harvey Cox
Publisher: Harvard University Press
Total Pages: 283
Release: 2016-09-12
Genre: Religion
ISBN: 0674973151

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“Essential and thoroughly engaging...Harvey Cox’s ingenious sense of how market theology has developed a scripture, a liturgy, and sophisticated apologetics allow us to see old challenges in a remarkably fresh light.” —E. J. Dionne, Jr. We have fallen in thrall to the theology of supply and demand. According to its acolytes, the Market is omniscient, omnipotent, and omnipresent. It can raise nations and ruin households, and comes complete with its own doctrines, prophets, and evangelical zeal. Harvey Cox brings this theology out of the shadows, demonstrating that the way the world economy operates is shaped by a global system of values that can be best understood as a religion. Drawing on biblical sources and the work of social scientists, Cox points to many parallels between the development of Christianity and the Market economy. It is only by understanding how the Market reached its “divine” status that can we hope to restore it to its proper place as servant of humanity. “Cox argues that...we are now imprisoned by the dictates of a false god that we ourselves have created. We need to break free and reclaim our humanity.” —Forbes “Cox clears the space for a new generation of Christians to begin to develop a more public and egalitarian politics.” —The Nation

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

Aquinas

Aquinas
Author: F. Copleston
Publisher: Penguin UK
Total Pages: 305
Release: 1991-07-25
Genre: Biography & Autobiography
ISBN: 0141941847

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Aquinas (1224-74) lived at a time when the Christian West was opening up to a wealth of Greek and Islamic philosophical speculation. An embodiment of the thirteenth-century ideal of a unified interpretation of reality (in which philosophy and theology work together in harmony), Aquinas was remarkable for the way in which he used and developed this legacy of ancient thought—an achievement which led his contemporaries to regard him as an advanced thinker. Father Copleston's lucid and stimulating book examines this extraordinary man—whose influence is perhaps greater today than in his own lifetime—and his thought, relating his ideas wherever possible to problems as they are discussed today.

Thomas Aquinas on God and Evil

Thomas Aquinas on God and Evil
Author: Brian Davies
Publisher: Oxford University Press
Total Pages: 189
Release: 2011-08-24
Genre: Religion
ISBN: 0199831459

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Brian Davies offers the first in-depth study of Saint Thomas Aquinas's thoughts on God and evil, revealing that Aquinas's thinking about God and evil can be traced through his metaphysical philosophy, his thoughts on God and creation, and his writings about Christian revelation and the doctrines of the Trinity and the Incarnation. Davies first gives an introduction to Aquinas's philosophical theology, as well as a nuanced analysis of the ways in which Aquinas's writings have been considered over time. For hundreds of years scholars have argued that Aquinas's views on God and evil were original and different from those of his contemporaries. Davies shows that Aquinas's views were by modern standards very original, but that in their historical context they were more traditional than many scholars since have realized. Davies also provides insight into what we can learn from Aquinas's philosophy. Thomas Aquinas on God and Evil is a clear and engaging guide for anyone who struggles with the relation of God and theology to the problem of evil.

Mencius and Aquinas

Mencius and Aquinas
Author: Lee H. Yearley
Publisher: SUNY Press
Total Pages: 302
Release: 1990-01-01
Genre: Philosophy
ISBN: 9780791404317

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Offers a detailed comparative analysis of two thinkers from different traditions.