Justice in the Marketplace in Early Modern Spain

Justice in the Marketplace in Early Modern Spain PDF Author: Michael Thomas D'Emic
Publisher: Lexington Books
ISBN: 0739181297
Category : History
Languages : en
Pages : 309

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Book Description
Justice in the Marketplace in Early Modern Spain examines two late scholastic economic treatises, the Provechoso tratado de cambios of Cristóbal de Villalón (1542) and the Instrución de mercaderes of Saravia de la Calle (1544). It does this in the context of the two principal questions that economic historians pose concerning the economic literature of the Spanish late scholastics in general. Is there a clear link between this literature and modern economic science, and does it manifest a free market orientation? Michael D’Emic draws two conclusions. First, there is a palpable relationship between the work of these two authors and modern economic analysis, particularly that of financial economics. Second, the authors fundamentally disagreed on most questions, mostly concerning the justice of the free market. Villalón condemns the workings of the market and refuses to allow any possibility that the profit motive may be morally neutral. With considerable clarity, he articulates a cost of production theory of value and advocates a system of prices based upon labor and cost and administered by civil authority. Saravia counters with an elegant expression of the utility theory of value and argues with logical force that prices established by the workings of the market are fundamentally just. He allows considerable moral latitude to the pursuit of profit, which he regards as spiritually dangerous but not necessarily evil. Through the lens of their opposing views on economic value, the market price, and what does or does not constitute the sin of ‘usury,’ the authors, with astonishing technical acumen, observe, analyze, and pass moral judgment on a remarkably wide range of complex transactions, most of which have counterparts in twenty-first century financial markets. In the process, they tackle problems that still bedevil economists and accountants in our own day, such as the difference between a sale and a borrowing, the ‘just’ value of future income flows, and the presence of asymmetrical information in pricing. The result is a vivid record of the color and texture of early modern economic life that reveals a surprising degree of financial sophistication that the present book makes accessible to the modern reader.

Justice in the Marketplace in Early Modern Spain

Justice in the Marketplace in Early Modern Spain PDF Author: Michael Thomas D'Emic
Publisher: Lexington Books
ISBN: 0739181297
Category : History
Languages : en
Pages : 309

Get Book

Book Description
Justice in the Marketplace in Early Modern Spain examines two late scholastic economic treatises, the Provechoso tratado de cambios of Cristóbal de Villalón (1542) and the Instrución de mercaderes of Saravia de la Calle (1544). It does this in the context of the two principal questions that economic historians pose concerning the economic literature of the Spanish late scholastics in general. Is there a clear link between this literature and modern economic science, and does it manifest a free market orientation? Michael D’Emic draws two conclusions. First, there is a palpable relationship between the work of these two authors and modern economic analysis, particularly that of financial economics. Second, the authors fundamentally disagreed on most questions, mostly concerning the justice of the free market. Villalón condemns the workings of the market and refuses to allow any possibility that the profit motive may be morally neutral. With considerable clarity, he articulates a cost of production theory of value and advocates a system of prices based upon labor and cost and administered by civil authority. Saravia counters with an elegant expression of the utility theory of value and argues with logical force that prices established by the workings of the market are fundamentally just. He allows considerable moral latitude to the pursuit of profit, which he regards as spiritually dangerous but not necessarily evil. Through the lens of their opposing views on economic value, the market price, and what does or does not constitute the sin of ‘usury,’ the authors, with astonishing technical acumen, observe, analyze, and pass moral judgment on a remarkably wide range of complex transactions, most of which have counterparts in twenty-first century financial markets. In the process, they tackle problems that still bedevil economists and accountants in our own day, such as the difference between a sale and a borrowing, the ‘just’ value of future income flows, and the presence of asymmetrical information in pricing. The result is a vivid record of the color and texture of early modern economic life that reveals a surprising degree of financial sophistication that the present book makes accessible to the modern reader.

A Companion to Early Modern Spanish Imperial Political and Social Thought

A Companion to Early Modern Spanish Imperial Political and Social Thought PDF Author:
Publisher: BRILL
ISBN: 9004421882
Category : History
Languages : en
Pages : 386

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Book Description
This volume offers an account from a legal, theological and philosophical point of view of the historical and conceptual intricacies of the debates about the imperial expansion of the early modern Spanish monarchy.

Antisemitic Conspiracy Theories in the Early Modern Iberian World

Antisemitic Conspiracy Theories in the Early Modern Iberian World PDF Author: Francois Soyer
Publisher: BRILL
ISBN: 9004395601
Category : History
Languages : en
Pages : 331

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Book Description
In Antisemitic Conspiracy Theories in the Early Modern Iberian World: Narratives of Fear and Hatred, François Soyer offers the first detailed historical analysis of antisemitic conspiracy theories in Spain, Portugal and their overseas colonies between 1450 and 1750.

Theology, Morality and Adam Smith

Theology, Morality and Adam Smith PDF Author: Jordan J. Ballor
Publisher: Routledge
ISBN: 1000605892
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
This work details the theological sources and moral significance of the life and work of the Scottish moral philosopher Adam Smith (1723–1790). The panel of contributors deepens our understanding of Adam Smith in his religious and theological context and the significance of this understanding for contemporary moral, economic, and political challenges to modern social life. The chapters cover a broad range of disciplinary and historical concerns, from Smith’s view of providence and his famous "invisible hand" to the role of self-interest and benevolence in Smith’s social and economic thought. A better appreciation for the moral and theological dimensions of Smith’s thought provides not only a better understanding of Smith’s own context and significance in the Scottish Enlightenment but also promises to assist in meeting the perennial challenges of properly connecting economic realities to moral responsibility. The book is of interest to advanced students and scholars of the history of economic thought, historical and moral theology, intellectual history, political science, and philosophy.

Deza and Its Moriscos

Deza and Its Moriscos PDF Author: Patrick J. O'Banion
Publisher: University of Nebraska Press
ISBN: 1496221613
Category : History
Languages : en
Pages : 379

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Book Description
Deza and Its Moriscos addresses an incongruity in early modern Spanish historiography: a growing awareness of the importance played by Moriscos in Spanish society and culture alongside a dearth of knowledge about individuals or local communities. By reassessing key elements in the religious and social history of early modern Spain through the experience of the small Castilian town of Deza, Patrick J. O’Banion asserts the importance of local history in understanding large-scale historical events and challenges scholars to rethink how marginalized people of the past exerted their agency. Moriscos, baptized Muslims and their descendants, were pressured to convert to Christianity at the end of the Middle Ages but their mass baptisms led to fears about lingering crypto-Islamic activities. Many political and religious authorities, and many of the Moriscos’ neighbors as well, concluded that the conversions had produced false Christians. Between 1609 and 1614 nearly all of Spain’s Moriscos—some three hundred thousand individuals—were thus expelled from their homeland. Contrary to the assumptions of many modern scholars, rich source materials show the town’s Morisco minority wielded remarkable social, economic, and political power. Drawing deeply on a diverse collection of archival material as well as early printed works, this study illuminates internal conflicts, external pressures brought to bear by the Inquisition, the episcopacy, and the crown, and the possibilities and limitations of negotiated communal life at the dawn of modernity.

Christianity and Private Law

Christianity and Private Law PDF Author: Robert F. Cochran, Jr
Publisher: Routledge
ISBN: 1000225054
Category : History
Languages : en
Pages : 318

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Book Description
This volume examines the relationship between Christian legal theory and the fields of private law. Recent years have seen a resurgence of interest in private law theory, and this book contributes to that discussion by drawing on the historical, theological, and philosophical resources of the Christian tradition. The book begins with an introduction from the editors that lays out the understanding of "private law" and what distinguishes private law topics from other fields of law. This section includes two survey chapters on natural law and biblical sources. The remaining sections of the book move sequentially through the fields of property, contracts, and torts. Several chapters focus on historical sources and show the ways in which the evolution of legal doctrine in areas of private law has been heavily influenced by Christian thinkers. Other chapters draw out more contemporary and public policy-related implications for private law. While this book is focused on the relationship of Christianity to private law, it will be of broad interest to those who might not share that faith perspective. In particular, legal historians and philosophers of law will find much of interest in the original scholarship in this volume. The book will be attractive to teachers of law, political science, and theology. It will be of special interest to the many law faculty in property, contracts, and torts, as it provides a set of often overlooked historical and theoretical perspectives on these fields.

Port-Cities and their Hinterlands

Port-Cities and their Hinterlands PDF Author: Robert Lee
Publisher: Routledge
ISBN: 0429514301
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
This interdisciplinary book brings together eleven original contributions by scholars in the United Kingdom, continental Europe, America and Japan which represent innovative and important research on the relationship between cities and their hinterlands. They discuss the factors which determined the changing nature of port-hinterland relations in particular, and highlight the ways in which port-cities have interacted and intersected with their different hinterlands as a result of both in- and out-migration, cultural exchange and the wider flow of goods, services and information. Historically, maritime commerce was a powerful driving force behind urbanisation and by 1850 seaports accounted for a significant proportion of the world’s great cities. Ports acted as nodal points for the flow of population and the dissemination of goods and services, but their role as growth poles also affected the economic transformation of both their hinterlands and forelands. In fact, most ports, irrespective of their size, had a series of overlapping hinterlands whose shifting importance reflected changes in trading relations (political frameworks), migration patterns, family networks and cultural exchange. Urban historians have been criticised for being concerned primarily with self-contained processes which operate within the boundaries of individual towns and cities and as a result, the key relationships between cities and their hinterlands have often been neglected. The chapters in this work focus primarily on the determinants of port-hinterland linkages and analyse these as distinct, but interrelated, fields of interaction. Marking a significant contribution to the literature in this field, Port-Cities and their Hinterlands provides essential reading for students and scholars of the history of economics.

The Oxford Handbook of European Legal History

The Oxford Handbook of European Legal History PDF Author: Heikki Pihlajamäki
Publisher: Oxford University Press
ISBN: 0191088382
Category : Law
Languages : en
Pages : 1264

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Book Description
European law, including both civil law and common law, has gone through several major phases of expansion in the world. European legal history thus also is a history of legal transplants and cultural borrowings, which national legal histories as products of nineteenth-century historicism have until recently largely left unconsidered. The Handbook of European Legal History supplies its readers with an overview of the different phases of European legal history in the light of today's state-of-the-art research, by offering cutting-edge views on research questions currently emerging in international discussions. The Handbook takes a broad approach to its subject matter both nationally and systemically. Unlike traditional European legal histories, which tend to concentrate on "heartlands" of Europe (notably Italy and Germany), the Europe of the Handbook is more versatile and nuanced, taking into consideration the legal developments in Europe's geographical "fringes" such as Scandinavia and Eastern Europe. The Handbook covers all major time periods, from the ancient Greek law to the twenty-first century. Contributors include acknowledged leaders in the field as well as rising talents, representing a wide range of legal systems, methodologies, areas of expertise and research agendas.

Mining Language

Mining Language PDF Author: Allison Margaret Bigelow
Publisher: UNC Press Books
ISBN: 1469654393
Category : History
Languages : en
Pages : 377

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Book Description
Mineral wealth from the Americas underwrote and undergirded European colonization of the New World; American gold and silver enriched Spain, funded the slave trade, and spurred Spain's northern European competitors to become Atlantic powers. Building upon works that have narrated this global history of American mining in economic and labor terms, Mining Language is the first book-length study of the technical and scientific vocabularies that miners developed in the sixteenth and seventeenth centuries as they engaged with metallic materials. This language-centric focus enables Allison Bigelow to document the crucial intellectual contributions Indigenous and African miners made to the very engine of European colonialism. By carefully parsing the writings of well-known figures such as Cristobal Colon and Gonzalo Fernandez de Oviedo y Valdes and lesser-known writers such Alvaro Alonso Barba, a Spanish priest who spent most of his life in the Andes, Bigelow uncovers the ways in which Indigenous and African metallurgists aided or resisted imperial mining endeavors, shaped critical scientific practices, and offered imaginative visions of metalwork. Her creative linguistic and visual analyses of archival fragments, images, and texts in languages as diverse as Spanish and Quechua also allow her to reconstruct the processes that led to the silencing of these voices in European print culture.

The Inner Life of Catholic Reform

The Inner Life of Catholic Reform PDF Author: Ulrich L. Lehner
Publisher: Oxford University Press
ISBN: 0197620604
Category : Church renewal
Languages : en
Pages : 313

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Book Description
"While studies abound about Catholic Reform and its institutional or social history, its spiritual motives and practices, what one could call its "inner life," have been widely neglected. This book examines how these spiritual ideas and practices shaped the Catholic Reform and Catholic view of the world and led to a diverse but peculiarly theological imagination, a new outlook on the self and the world, and influenced human behaviors and sentiments. It tells the story of how the idea of the "inner reform of the soul" shaped a world religion. The historicization of these religious practices and beliefs makes this book also highly accessible to historians and anthropologists. It relies on a plethora of published and unpublished sources, and a wide field of secondary literature. Although the emphasis is on Europe, this book takes a global perspective by integrating material from Africa, America and Asia as it was in this era that Catholicism became a "world religion.""--