Lexington Books
Pages: 494
Trim: 6¼ x 9¼
978-0-7391-8128-7 • Hardback • June 2014 • $176.00 • (£137.00)
978-0-7391-8129-4 • eBook • June 2014 • $167.00 • (£129.00)
Michael Thomas D’Emic is a senior advisor with Worldwide Capital Advisory Partners, LLC, and is an adjunct professor of technology management and innovation at the New York University Polytechnic School of Engineering.
TABLE OF CONTENTS
Introduction
Bibliographical review
Thesis Statement: addressing the central questions
Organization
Chapter 1: Historical Background
Social and economic context
Intellectual context
A note on genre
Chapter 2: The Provechoso tratado of Cristóbal de Villalón
Introduction
Usury: ganar dineros con el dinero y con el tiempo
Cambios y contractaciones: the PT as historical record
The Just Price
La honra: conclusion and final lesson of the PT
Concluding remarks: Villalón as a man of the left
Chapter 3: The Instrución de mercaderes of Saravia de la Calle
Introduction
The Prologue
The Instrución: early modern financial economics
Appendix
Chapter 4: The Tractado de los cambios of Saravia de la Calle
Introduction
Prologue
Framework
The justifiable cambios and concealed usury
Honra in the Tratado de los cambios
Chapter 5: Conclusion
Findings
Later development
Bibliography
Michael D’Emic’s in depth and timely analysis of the contributions of the Spanish scholastics on the economics and ethics of banking and financial activities is extremely relevant for today’s problems. If some of these scholastic contributions were not forgotten, many of the financial crises and economic recessions that have affected the world could have been avoided.
— Jesús Huerta de Soto, King Juan Carlos University of Madrid
The commercial and financial revolution in Spain in the sixteenth century gave birth to an economically sophisticated literature in moral theology focusing on those developments. In his Justice in the Marketplace in Early Modern Spain: Saravia, Villalon and the Religious Origins of Economic Analysis, Michael Thomas D'Emic examines the work of two of those authors and does a truly excellent job of it.
— James Lothian, Fordham University