HPE

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HPE



Economic = Study of the produc, distrib, conception of goods or products.



Why study HET ?



J.A. Schumpeter, history of economic analysis:

1- Pedagogical advantages.

2- New ideas.

3- Learning how the human mind works.



How to study HET ?



Relativist, Contextualist (historian)

Continuist (evolutionist)

Discontinuiste (botanist)





Moral economy (antiquity - middle ages).



Greek Antiquity



Aristotle: politics; nicomachean ethics.



Mercantile chrematistic vs natural chrematistic



Roman antiquity.



Roman law: the Justinian code (6th century)

Respect of contracts

Bona fides

Just price - laesio enormis



Patristic tradition



Testaments => mustn't accumulate wealth => it's bad



Ambrose of Milan => if we give money to poor => they won't work (don't want to)



Medieval Islam.



Economics inequality are natural => some people are rich, some of them are poor.



Middle ages in west.



Context:

Economic and demographic growth

Sophistication of governments

Rediscovery of ancient texts

Development of universities (Paris, bologna, Montpellier, oxford, Cambridge)

Scholasticism => Aristotle "disciple" "inspiration"



Summary: economic thought is indissoc...