The justice of the just price

IF 0.6 3区经济学 Q4 ECONOMICS

European Journal of the History of Economic Thought Pub Date : 1997-06-01 DOI:10.1080/10427719700000036

O. Hamouda, B. B. Price

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引用次数: 29

Abstract

The medieval notion of the just price was an outcome of neither an exclusively economic analysis nor a completely ethical argument, but an amalgam of some features of each. At issue is the significance the medievals attached to the concepts of price and justice and how an integrated economics and ethics made for a mode of reasoning about price different from the endogenousty focused price theory and limited boundaries of modern economics. It is argued in 'The Justice of the Just Price' that the treatment of price in medieval economic thought cannot be grasped without a comprehensive approach to its determination. The argument will first focus separately on the description of the medieval notions of price (cost of production, need, etc.) and of justice (virtue/vice) as features of the medieval concept of the just price. It proposes that, by virtue of the fact that the premises of the medieval system of analysis assumed greed as a nefarious part of human economic behaviour and presupposed the necessity of justice prior to exchange, medieval intellectuals justified on ethical grounds the interference of the just price in market activity and attempted to rectify the inequalities of exchange and distribution through the institutional regulations of Church and court.

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公正价格的公正

中世纪关于公平价格的概念既不是纯粹的经济分析的结果，也不是完全的伦理论证的结果，而是两者某些特征的混合体。争论的焦点是中世纪对价格和正义概念的重视程度，以及经济学和伦理学的整合如何形成一种不同于以内生为中心的价格理论和现代经济学的有限边界的价格推理模式。《公正价格的正义性》一书认为，如果没有对价格决定的全面研究，就无法把握中世纪经济思想中对价格的处理。本文将首先分别关注中世纪价格概念(生产成本、需求等)和正义概念(美德/罪恶)作为中世纪公正价格概念特征的描述。它提出，由于中世纪分析体系的前提假定贪婪是人类经济行为的邪恶部分，并假定交换之前必须有正义，中世纪知识分子在伦理基础上为市场活动中公正价格的干预辩护，并试图通过教会和法院的制度规定来纠正交换和分配的不平等。

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来源期刊

European Journal of the History of Economic Thought Multiple-

CiteScore

1.50

自引率

28.60%

发文量

期刊介绍： The European Journal of the History of Economic Thought (EJHET), a peer-reviewed journal, has quickly established itself as a leading forum for lively discussion on a wide range of issues in the history of economic thought. With contributions from both established international scholars and younger academics, EJHET is entirely pluralist and non-partisan with regard to subjects and methodologies - it does not subscribe to any particular current of thought, nor relate to any one geographic zone. The Managing Editors and Editorial Board and Advisory Board members are drawn from throughout Europe and beyond, and are committed to encouraging scholars from around the world to contribute to international research and debate.