Hostname: page-component-78c5997874-m6dg7 Total loading time: 0 Render date: 2024-11-02T21:50:29.521Z Has data issue: false hasContentIssue false
  • English
  • Français

Bargaining, Consent and the Just Wage in the Sources of Scholastic Economic Thought

Published online by Cambridge University Press:  11 June 2009

Edd S. Noell
Get access Rights & Permissions [Opens in a new window]

Extract

Economic justice in the labor market is an abiding issue of economic policy. Concerns regarding fair pay or just compensation were addressed in classical political economy and continue to be the objects of policy discussion. What constitutes a fair wage? How is a fair wage to be determined? Will competition in the labor market ensure that a fair wage is established? Should employers be required by the State, or persuaded on a voluntary basis, to pay wages that maintain a family's dignity and honor?

Type
Article
Information
Journal of the History of Economic Thought , Volume 20 , Issue 4 , December 1998 , pp. 467 - 478
Copyright
Copyright © Cambridge University Press 1998

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Agrell, G. 1976. Work, Toil and Sustenance: An Examination of the View of Work in the New Testament, Taking Into Consideration Views Found in Old Testament, Intertestamental, and Early Rabbinic Writings, translated by Westerholm, S., Hakan Ohlssons, Verbum.Google Scholar
Aquinas, T. 1911. Summa Theologica; reprint, 5 vols., Christian Classics, Westminster, Maryland, 1981.Google Scholar
Ashley, Sir W. 1893. An Introduction to English Economic History; reprint, 2 vols., Longmans, Green and Company, New York, 1936.Google Scholar
Baeck, L. 1994. The Mediterranean Tradition in Economic Thought, Routledge, Bristol.Google Scholar
Baldwin, J. 1959. “The Medieval Theories of the Just Price: Romanists, Canonists, and Theologians in the Twelfth and Thirteenth Centuries,” in Pre-Capitalist Economic Thought: Three Modern Interpretations; reprint, Arno Press, New York, 1972.Google Scholar
Beisner, C. 1994. “Justice and Poverty: Two Views Contrasted,” in Schlossberg, H., Samuel, V., and Sider, R., eds., Christianity and Economics in the Post-Cold War Era: The Oxford Declaration and Beyond, Eerdmans, Grand Rapids, 57–80.Google Scholar
Calvin, J. 1979. Commentaries on the Prophet Jeremiah and the Lamentations, translated by Owen, J., 3, Baker, Grand Rapids.Google Scholar
Campbell, W. 1976–77. “Political Economy: New, Old and Ancient,” The InterCollegiate Review, 12, 67–79.Google Scholar
Chafuen, A. 1986. Christians for Freedom: Late-Scholastic Economics, Ignatius, San Francisco.Google Scholar
Christensen, B., ed. 1988. The Family Wage: Work, Gender, and Children in the Modern Economy, The Rockford Institute, Rockford, Illinois.Google Scholar
Cicero, . 1913. De Officiis, translated by Miller, W.; reprint, William Heinemann, London, 1938.Google Scholar
Craigie, P., Kelley, P. H. and Drinkard, J. F.. 1991. Jeremiah 1–25, Word Biblical Commentary, 26, Word Books, Dallas.Google Scholar
De Marchi, N. and Morgan, M. S.. 1994. “Introduction,” History of Political Economy, 26, annual supplement, 1–21.CrossRefGoogle Scholar
De Roover, R. 1955. “Scholastic Economics: Survival and Lasting Influence from the Sixteenth Century to Adam Smith,” Quarterly Journal of Economics, 64, 61–90.Google Scholar
De Roover, R. 1957. “Joseph A. Schumpeter and Scholastic Economics,” Kyklos, 10, 115–46.CrossRefGoogle Scholar
De Roover, R. 1958. “The Concept of the Just Price: Theory and Economic Policy,” Journal of Economic History, 18, 418–34.CrossRefGoogle Scholar
De Vaux, R. 1961. Ancient Israel: Its Life and Institutions, translated by McHugh, J., McGraw-Hill, New York.Google Scholar
Epstein, S. A. 1991. “The Theory and Practice of the Just Wage,” Journal of Medieval History, 17, 53–69.CrossRefGoogle Scholar
Friedman, D. 1980. “In Defense of Thomas Aquinas and the Just Price,” History of Political Economy, 12, 234–42.CrossRefGoogle Scholar
Geoghegan, A. T. 1945. The Attitude Towards Labor in Early Christianity and Ancient Culture, Catholic University of America, Washington, D.C.Google Scholar
Gilchrist, J. 1969. The Church and Economic Activity During the Middle Ages, Macmillan, London.Google Scholar
Gordon, B. 1975. Economic Analysis Before Adam Smith: Hesiod to Lessius, Macmillan, London.CrossRefGoogle Scholar
Holladay, W. L. 1986. Jeremiah 1: A Commentary on the Book of the Prophet Jeremiah Chapters 1–25, edited by Hanson, P. D., Fortress Press, Philadelphia.Google Scholar
Langholm, O. 1982. “Economic Freedom in Scholastic Thought,” History of Political Economy, 14, 260–83.CrossRefGoogle Scholar
Langholm, O. 1992. Economics in the Medieval Schools: Exchange, Value, Money, and Usury According to the Paris Theological Tradition, E. J. Brill, Leiden.CrossRefGoogle Scholar
Lowry, S. T. 1994. “The Market as a Distributive and Allocative System: Its Legal, Ethical, and Analytical Evolution,” History of Political Economy, 26, annual supplement, 25–46.Google Scholar
McKeon, R., ed. 1941. The Basic Works of Aristotle, Random House, New York.Google Scholar
Noell, E. S. 1995. “Adam Smith on Economic Justice in the Labor Market,” Journal of the History of Economic Thought, 17, 228–46.CrossRefGoogle Scholar
Noonan, J. T. 1957. The Scholastic Analysis of Usury, Harvard University Press, Cambridge.Google Scholar
Ryan, J. A. 1906. A Living Wage, Macmillan, New York.Google Scholar
Schaff, P., ed. 1887a. A Select Library of the Nicene and Post-Nicene Fathers of the Christian Church, Volume 6, Saint Augustin: Homilies on the Gospels; reprint, Eerdmans, Grand Rapids, 1974.Google Scholar
Schaff, P., ed. 1887b. A Select Library of the Nicene and Post-Nicene Fathers of the Christian Church, Volume 8, Saint Augustin: Expositions on the Book of Psalms; reprint, Eerdmans, Grand Rapids, 1974.Google Scholar
Spengler, J. J. 1980. Origins of Economic Thought and Justice, Southern Illinois University Press, Carbondale, Illinois.Google Scholar
Tawney, R. H. 1926. Religion and the Rise of Capitalism; reprint, Peter, Smith, Gloucester, Massachusetts, 1962.Google Scholar
Thompson, J. A. 1980. The Book of Jeremiah, New International Commentary, Eerdmans, Grand Rapids.CrossRefGoogle Scholar
Viner, Jacob. 1978. Religious Thought and Economic Society, edited by Melitz, J. and Winch, D., Duke University Press, Durham.Google Scholar
Worland, Stephen T. 1967. Scholasticism and Welfare Economics, University of Notre Dame Press, Notre Dame.Google Scholar
Worland, Stephen T. 1977. “Justum Pretium: One More Round in an Endless Series,” History of Political Economy, 9, 504–21.CrossRefGoogle Scholar
Worland, Stephen T. 1981. “Exploitative Capitalism: The Natural-Law Perspective,” Social Research, 48, 277–305.Google Scholar
Young, J. T. and Gordon, B.. 1992. “Economic Justice in the Natural Law Tradition: Thomas Aquinas to Francis Hutcheson,” Journal of the History of Economic Thought, 14, 1–17.CrossRefGoogle Scholar