When just price is not enough: Thomas Aquinas on the sale of a married serf

Pierre Januard

Working Papers from HAL

Abstract: The case of the sale of the married serf in the Commentary on the Sentences includes the third use by Thomas Aquinas of the term 'just price', and is the last of a little known set of three seemingly incidental limit cases described in his early works. Yet this passage proves decisive for a renewal of the understanding of exchange presented in the later and better known works such as the Summa theologiae. It establishes a justification of exchange based on two non-substitutable criteria: the price and the nature of the good exchanged, and it provides the broadest foundational framework for exchange.

Keywords: Thomas Aquinas Scholastics just price risk JEL classification: B11; Thomas Aquinas; Scholastics; just price; risk JEL classification: B11 (search for similar items in EconPapers)
Date: 2024-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-04666602

DOI: 10.13140/RG.2.2.35107.05924

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