Aristotle and Aquinas on the Virtue of Money as a Preservative of Justice in Business Affairs and States Cover Image

Aristotle and Aquinas on the Virtue of Money as a Preservative of Justice in Business Affairs and States
Aristotle and Aquinas on the Virtue of Money as a Preservative of Justice in Business Affairs and States

Author(s): Peter A. Redpath
Subject(s): History of Philosophy, Philosophical Traditions, Special Branches of Philosophy
Published by: International Étienne Gilson Society

Summary/Abstract: While Aristotle’s and St. Thomas’s teachings about economics are often ridiculed today, this article argues that actually what they had to say about this issue, especially about the nature of sound currency, backed up by force of law, is quite profound. According to both of them, sound money plays an essential role in the preserving commutative justice within States. By so doing, it preserves communication between talented people who make qualitatively unequal contributions to a State’s continued existence and welfare.

  • Issue Year: 8/2019
  • Issue No: 4
  • Page Range: 885-890
  • Page Count: 6
  • Language: English