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Item Details
Title: THE LEGACY OF SCHOLASTICISM IN ECONOMIC THOUGHT
ANTECEDENTS OF CHOICE AND POWER
By: Odd Langholm, Craufurd D. Goodwin
Format: Paperback

List price: £44.99
Our price: £39.37
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ISBN 10: 0521032121
ISBN 13: 9780521032124
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 14 September, 2006
Series: Historical Perspectives on Modern Economics
Pages: 228
Description: This book studies the development of ideas on freedom, coercion and power in the history of economic thought.
Synopsis: 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.
Illustrations: 237 graphs
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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