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Rich and Poor
Faculty of Economic Science, University of Witten/Herdecke, Witten, Germany
- 1 Faculty of Economic Science, University of Witten/Herdecke, Witten, Germany
Advances in Historical Studies·Volume 03 (2014)·Pages 285–297·Published 23 December 2014·DOI10.4236/ahs.2014.35023
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Abstract
Starting with the medevial poor/rich-topics in the Acquinian tradition of the theological economy of charity, the article develops a rather unkown line in the history of economic thought from Thomas Acquinius to John Locke and Adam Smith. The rich/poor-distribution of the charity-principle transforms over John Lockes’ property/labor-relation in the new Smithian capital/labor-economics. It is a special European line from charity-distribution to labor/capital-accumulation.
KeywordsHistory of Economic ThoughtMedevial Economics of CharityThomas AcquiniusJohn LockeAdam SmithDistribution
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