Thomas Aquinas: Commentary on Aristotles Nicomachean Ethics (c. 1271)

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Chapter 6 in A Source Book on Early Monetary Thought, 2020, pp 29-33 from Edward Elgar Publishing

Abstract: 3,500 words. Aquinas puts forth the utility theory of value. He defines money as a medium of exchange, explains the double coincidence of wants, and argues that the purchasing power of money can change.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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