Содержание
- 2. PreClassical Economic Thought Addressed limited aspects of the economy Did not expand their analysis into a
- 3. Non-Western Economic Thought – Guan Zhong How does Zhong’s “light/heavy” theory serve as a statement of
- 4. Non-Western Economic Thought - Guan Zhong (continued) How does Zhong’s “light/heavy” theory correspond to the Quantity
- 5. Non-Western Economic Thought - Guan Zhong (continued) When money is heavy, its price will rise (real
- 6. Non-Western Economic Thought - Guan Zhong (continued) According to Zhong, the government should buy goods when
- 7. Greek Thought (continued) Is efficiency, as seen by Hesiod and Xenophon, a microeconomic concept or a
- 8. Greek Thought (continued) What were Aristotle's views on the appropriateness of economic activity? Aristotle made a
- 9. Greek Thought (continued) Orthodox economists do not make such a distinction; needs and wants are not
- 10. Arab-Islamic Thought How can the ideas of early Arab-Islamic thought help us to understand some of
- 11. Scholasticism How did the changes that were occurring in society affect the ideas of St. Thomas
- 12. Scholasticism (continued) What do scholastics mean by the concept of a “just price?” Price here is
- 13. Scholasticism (continued) What about usury? In 1139, the Second Lateran Council denied all sacraments to unrepentant
- 14. Scholasticism (continued) According to Aquinas, money has no “intrinsic worth” therefore a lender of money loses
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