5min chapter

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HoP 453 - The Price is Right - Law and Economics in the Second Scholastic

History of Philosophy Without Any Gaps

CHAPTER

Economic Policies and Scholastic Thought: Balancing Morality and Realities

This chapter delves into the economic impacts of government interventions, particularly price controls and usury during the Scholastic era. It addresses the tension between moral authority and capitalist realities, highlighting the Scholastics' evolving perspectives on lending, interest, and contract theory.

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