Morally ruled behaviour: The neglected contribution of Scholasticism Footnote*

*Oscar de Juan is a Professor of Economics at the University of Castilla – La Mancha (Spain). In the course 2003 – 04, when this paper was written, he was a visiting scholar at the University of Cambridge (UK). Fabio Monsalve is an Associated Professor of Applied Economics at the University de Castilla – La Mancha. The authors are indebted to Francisco Gómez Camacho and José Antonio García-Durán, who provided the stimulus for this paper and some basic hints. Thanks are also due to Tony Lawson, Paul Twomey and other members of the ‘Cambridge Seminar on Realist Economics’, where the paper was first presented. The comments of two anonymous referees have contributed to improve the paper.

References

• Aquinas , Saint Thomas . 1932 [1270] . Summa Theologicae , 6 vols , Turin : Libreria Marietti .
   Google Scholar
• Aquinas , Saint Thomas . 1945 . Basic Writings of Saint Thomas Aquinas , Edited by: Pegis , A. C. New York : Random House . 2 vols. Vol. II: Man and the conduct of life
   Google Scholar
• Aristotle . 1941 . The Basic Works of Aristotle , McKeon edition , New York : Random House .
   Google Scholar
• Aristotle . 1981 . Nichomachean Ethics , Harmondsworth : Peguin .
   Google Scholar
• Dempsey , B. W. 1948 . Interest and Usury , London : Dennis Dobson Ltd. .
   Google Scholar
• Eatwell , J. 1982 . “ Competition ” . In Classical and Marxian Political Economy: Essays in Memory of T. Meek , Edited by: Bradley , I. and Howard , M. London : Macmillan .
   Google Scholar
• Eatwell , J. , Milgate , M. and Newman , P. 1987 . The New Palgrave. A Dictionary of Economics , London : Macmillan .
   Google Scholar
• Field , A. J. 2004 . Altruistically inclined? The Behavioral Sciences, Evolutionary Theory and the Origins of Reciprocity , Michigan : University of Michigan Press .
   Google Scholar
• Frank , R. H. , Gilovich , T. and Ryan , D. T. 1993 . Does studying economics inhibit cooperation? . Journal of Economic Perspectives , 7 : 159 – 171 .
   Web of Science ®Google Scholar
• Gómez Camacho , F. 1998 . Economía y Filosofía moral. La formación del pensamiento económico europeo en la Escolástica española , Madrid : Síntesis .
   Google Scholar
• Grice-Hutchison , M. 1993 . Economic Thought in Spain: Selected Essays of Marjorie Grice-Hutchison , Cheltenham : Edward Elgar .
   Google Scholar
• Groenewegen , P. , ed. 1996 . Economics and Ethics? , New York : Routledge .
   Google Scholar
• Kaplow , L. and Shavell , S. M. 2002 . Fairness Versus Welfare , Cambridge, MA : Harvard University Press .
   Google Scholar
• Konow , J. 2003 . Which is the fairest one of all? A positive analysis of justice theories . Journal of Economic Literature , XLI ( 4 ) : 1188 – 1239 .
   Google Scholar
• Langholm , O. 1992 . Economic freedom in scholastic thought . History of Political Economy , 14 : 260 – 283 .
   Google Scholar
• Langholm , O. 1998 . The Legacy of Scholasticism in Economic Thought: Antecedents of Choice and Power , Cambridge : Cambridge University Press .
   Google Scholar
• Langholm , O. 2003 . The Merchant in the Confessional: Trade and Price in the Pre-Reformation Penitential Handbooks , Brill : Leiden-Boston .
   Google Scholar
• Lapidus , A. 1994 . Norm, virtue and information: the just price and individual behaviour in Aquinas's . Summa Theologiae. The European Journal of the History of Economic Thought , 1 : 435 – 473 .
   Google Scholar
• Lessius , L. 1626 . De iustitia et iure Antwerp
   Google Scholar
• Levine , D. 1998 . The self and its interests in classical political economy . The European Journal of the History of Economic Thought , 5 : 36 – 51 .
   Google Scholar
• Lugo , J. de . 1646/48 . De iustitia et iure , Lyon : Vivés .
   Google Scholar
• Meikle , S. 1995 . Aristotle's Economic Thought , Clarendon : Oxford University Press .
   Google Scholar
• Molina , L. de . 1597 . De iustitita. Modern edition by Gómez-Camacho: La teoría del precio justo , Madrid : Editora Nacional .
   Google Scholar
• Newman , J. H. 1974 . The Mind of Cardinal Newman , Edited by: Dessain , C. S. London : Catholic Truth Society . Selection of texts edited by
   Google Scholar
• Rawls , J. 1971 . A Theory of Justice , Cambridge, MA : Harvard University Press .
   Google Scholar
• Robbins , L. C. 1932 . An Essay on the Nature and Significance of Economic Science , London : Macmillan .
   Google Scholar
• Roover , R. de . 1971 . Le pensée économique des scholastiques : doctrines et méthodes , Paris : Institut d'Études Mediévales .
   Google Scholar
• Rowthorn , R. 1996 . “ Ethics and Economics: an economist view ” . In Economics and Ethics? , Edited by: Groenewegen , P. New York : Routledge .
   Google Scholar
• Schumpeter , J. A. 1954 . History of Economic Analysis , New York : Oxford University Press .
   Google Scholar
• Sen , A. K. 1987 . On Ethics and Economics , Oxford : Blackwell .
   Google Scholar
• Skinner , Q. 1978 . The Foundations of Modern Political Thought , Cambridge : Cambridge University Press .
   Google Scholar
• Smith , A. 1759 [1976] . The Theory of Moral Sentiments , Oxford : Clarendon Press .
   Google Scholar
• Smith , A. 1776 [1976] . An Inquiry into the Nature and Causes of the Wealth of Nations , Edited by: Campbell , R. H. and Skinner , A. S. Oxford : Oxford Clarendon Press .
   Google Scholar
• Vilar , P. 1978 . Oro y moneda en la historia: 1450 – 1920 , Barcelona : Ariel .
   Google Scholar
• Walsh , V. 2000 . Smith after Sen . Review of Political Economy , 12 : 5 – 25 .
   Google Scholar
• Young , J. T. 1992 . Economics as a Moral Science. The Political Economy of Adam Smith , Cheltenham, UK : Edward Elgar .
   Google Scholar