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The Legacy of Scholasticism in Economic Thought by Odd Langholm
The Legacy of Scholasticism in Economic Thought by Odd Langholm
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The Legacy of Scholasticism in Economic Thought

Antecedents of Choice and Power
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Description

This book studies the development of ideas on freedom, coercion and power in the history of economic thought. It focuses on the exchange of goods and services and on terms of exchange (interest rates, prices and wages) and examines the nature of choice, that is, the state of the will of economic actors making exchange decisions. In a social context, anyone's range of choice is restricted by the choices made by others. The first to raise the question of the will in this economic context were the medieval scholastics, drawing on non-economic analytic models inherited from antiquity and mainly from Aristotle. From these origins, views on economic choice, coercion and power are recorded, as they gradually change over the centuries, until they manifest themselves in more contemporary disputes between different branches of institutional economics.
Release date NZ
November 2nd, 2006
Author
Audience
  • Professional & Vocational
Illustrations
Worked examples or Exercises
Pages
228
Dimensions
151x228x13
ISBN-13
9780521032124
Product ID
2358853

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