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Faith and Liberty: The Economic Thought of the Late Scholastics (Studies in Ethics and Economics), by Alejandro A. Chafuen
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Most people think that free-market ideas and theories were first substanially developed in the eighteenth century by figures such as Adam Smith. In this revised edition of Faith and Liberty, Alejandro A. Chafuen illustrates this misconception by examining the sixteenth and seventeenth century writings of a group of Catholic theologians and philosophers. The Late- Scholastics, as they are called, were the first to engage in a systematic moral analysis of the ethical issues associated with trade and commerce. In doing so, they arrived at solutions that are in many senses indistinguishable from the ideas of many modern free market commentators. In this revised ediiton, Chafuen blosters his case by including recent and pertinent material which gives rise to new questions and concerns. Reading this book will force to consider what they understand to be an authentiaclly Christian approach to economic questions.
- Sales Rank: #1640230 in Books
- Published on: 2003-07
- Original language: English
- Number of items: 1
- Dimensions: 9.18" h x .53" w x 6.00" l, .60 pounds
- Binding: Paperback
- 176 pages
Review
. . . Chafuen convincingly undermines the facile assumptions that free-market ideas and theories originated with Adam Smith and his contemporaries. (Theological Studies)
This book likewise seeks to address itself to free market economists and historians who have neglected or failed fully to understand the relation of general moral purpose to economics itself. Chafuen relates this connection in a coherent and systematic manner that should also serve as a positive contribution, seen in light of this long history of moral and economic reflection, both to modern economics as a study and to modern social thought as a practice. (James V Schall, Georgetown University From The Foreword)
About the Author
Alejandro A. Chafuen is the President and CEO of Atlas Economic Research Foundation. He has served as Professor of Economics at the National Hispanic University in Oakland, California.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Five Stars
By Jake
This is an excellent book on Christian economic thought.
7 of 7 people found the following review helpful.
La Roche
By Pierer Laroche
The book reveals a good in depth knowledge of the thought of the late scholastics coupled with a good understanding of economics (without which the economic thought of these past thinkers would not make sense). Hence a very informative book. Perheaps the author could have liaised a bit more with the current economic thoughts. A recommended reading for those who think present economic issues comes only from the modern economic developpement. Proves also that, to discuss of the moral issues raised by economics one must have (as the late scholastics tried to attain in their time - contrary many of our todays moral thinker who despise economics) a good understanding of economic processes.
11 of 18 people found the following review helpful.
Second Hand Review
By Eric Hollas
This book uncovers an earlier view of economics than Adam Smith, which is not only Austrian, but finds free-market policies compatible with a moral and religous tradition. It's remarkable how modern the thought is of these mid 17th century thinkers...
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