The just price is a theory of ethics in economics that attempts to set standards of fairness in transactions. With intellectual roots in ancient Greek philosophy, it was advanced by Thomas Aquinas based on an argument against usury, which in his time referred to the making of any rate of interest on loans.
| Part of a series on |
| St. Thomas Aquinas |
|---|
|
Thomism
Scholasticism negative theology divine simplicity Quinquae viae Beatific vision Actus purus Sacraments correspondence theory of truth hylomorphism substance theory (Ousia) accident substantial form quiddity (essence / nature) peripatetic axiom principle of double effect cardinal virtues theological virtues intellectual virtues natural law just war just price concupiscence |
|
Works
Summa Theologica Summa contra Gentiles Contra Errores Graecorum Commentaries on Aristotle |
|
Influences and people
Aristotle ("The Philosopher") St. Paul ("The Apostle") Pseudo-Dionysius St. Augustine ("The Theologian") St. Boethius Avicenna Peter Lombard ("The Master") Averroes ("The Commentator") Maimonides ("Rabbi Moses") St. Albertus Magnus Reginald of Piperno |
|
Related
Pange Lingua Aristotelianism Dominican Order School of Salamanca Catholic theology Doctor of the Church Empiricism Neo-Thomism Æterni Patris |
|
Philosophy Portal |
Read more about Just Price: Unjust Price: A Kind of Fraud, Later Reinterpretations of The Doctrine
Famous quotes containing the word price:
“I sometimes think that the price of liberty is not so much eternal vigilance as eternal dirt.”
—George Orwell (1903–1950)