Justice in the Marketplace in Early Modern Spain

Justice in the Marketplace in Early Modern Spain : Saravia, Villalon and the Religious Origins of Economic Analysis

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Justice in the Marketplace in Early Modern Spain examines the religious views and motivations of the late scholastic authors Cristobal de Villalon and Luis Saravia de la Calle . Michael Thomas D'Emic explains their technical and moral analysis of contemporary financial markets in the context of these motivations and provides critical commentary on their conclusions in the light of modern economic and financial theory.show more

Product details

  • Hardback | 308 pages
  • 152.4 x 231.14 x 25.4mm | 566.99g
  • Lexington Books
  • Lanham, MD, United States
  • English
  • 0739181289
  • 9780739181287

Review quote

Michael D'Emic's in depth and timely analysis of the contributions of the Spanish scholastics on the economics and ethics of banking and financial activities is extremely relevant for today's problems. If some of these scholastic contributions were not forgotten, many of the financial crises and economic recessions that have affected the world could have been avoided. -- Jesus Huerta de Soto, King Juan Carlos University of Madrid The commercial and financial revolution in Spain in the sixteenth century gave birth to an economically sophisticated literature in moral theology focusing on those developments. In his Justice in the Marketplace in Early Modern Spain: Saravia, Villalon and the Religious Origins of Economic Analysis, Michael Thomas D'Emic examines the work of two of those authors and does a truly excellent job of it. -- James Lothian, Fordham Universityshow more

About Michael Thomas D'emic

Michael Thomas D'Emic is a senior advisor with Worldwide Capital Advisory Partners, LLC, and is an adjunct professor of technology management and innovation at the New York University Polytechnic School of Engineering.show more

Table of contents

TABLE OF CONTENTS Introduction Bibliographical review Thesis Statement: addressing the central questions Organization Chapter 1: Historical Background Social and economic context Intellectual context A note on genre Chapter 2: The Provechoso tratado of Cristobal de Villalon Introduction Usury: ganar dineros con el dinero y con el tiempo Cambios y contractaciones: the PT as historical record The Just Price La honra: conclusion and final lesson of the PT Concluding remarks: Villalon as a man of the left Chapter 3: The Instrucion de mercaderes of Saravia de la Calle Introduction The Prologue The Instrucion: early modern financial economics Appendix Chapter 4: The Tractado de los cambios of Saravia de la Calle Introduction Prologue Framework The justifiable cambios and concealed usury Honra in the Tratado de los cambios Chapter 5: Conclusion Findings Later development Bibliographyshow more