Abstract
Summary The aim of the article is to highlight some crucial aspects of the just price concept and the differences between the medieval foundations and the late scholastic views on the topic. The paper refers especially to Wim Decock’s discourses on the ideas of ‘fairness in exchange’ in the book Theologians and contract law, The moral transformation of the ius commune (ca. 1500-1650) (Leiden 2013). The discussion concerns chiefly such issues as: role of Thomas Aquinas’s concepts (1), value in economic exchange (2), relativity in exchange (3), the distinction between furtum and turpe lucrum (4), changing views on the common good in the scholastic ethics of economic life, e.g. in the discussion of ‘Merchant of Rhodes’ casus (5).
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