glyph 71: economics late scholastics spain portugal alejandro chafuen acton institute liberty religion catholic moslem saracen islam christianity


Faith and Liberty: The Economic Thought of the Late Scholastics, by Alejandro A. Chafuen

systematic moral analysis of the ethical issues associated with trade and commerce

From the publisher, Lexington Books,

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.

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.

See also: See also: "Islam And The Medieval Progenitors Of Austrian Economics" at
entered before July 9, 2006

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