Forerunner of the Theories of the Free Market Economy Cover Image

Късната средновековна схоластика – предвестница на теориите за свободната пазарна икономика
Forerunner of the Theories of the Free Market Economy

Author(s): Ivan Verbanov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: A12; B11; B41

Summary/Abstract: The present paper is devoted to the economic ideas of the late Scholastics Spanish theologians of 15th and 16th century – especially Salamanca school. It has two tasks. First, to analyze reflections on economic ideas of Spanish Scholastics in the history of economics thought. It is clamed that the beginning of economics as a science should be referred to the late Mediaeval Scholastics. Second task is to explicate the significance of (philosophical, theological, ethical and economic views of) Salamanca School for modern economic personalism and Austrian school of economics. The common characteristic of these schools, notwithstanding of their historical, theoretical, methodological, and other differences, is that they are variants of the same idea - the idea of economic freedom.

  • Issue Year: 2003
  • Issue No: 2
  • Page Range: 72-88
  • Page Count: 17
  • Language: Bulgarian