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Essay

Natural Law in Pre-classical Economics

Essay specific features

 

Issue:

Business

 

Written by:

Josephine G

 

Date added:

October 1, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 378

 

Was viewed:

1923 times

 

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Essay content:

In this same line of thought we get his justification for barter exchanges which because it does not lead to wealth accumulation it helps meet the needs of people, which follows the natural order. However, once money is bought into the question the goal of the exchange is monetary gain, which, because money is barren, should be condemned as being against the natural order...
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The other main issue that he addresses with regards to the natural law is the idea that the taking of interest was against it. Indeed because money is barren it is wrong to take any type of interest off of it. St. Thomas Aquinas had to deal with the issue of whether or not private property was in accordance with natural law...
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