Home
/
RELIGION & LIBERTY ONLINE
/
Journal of Markets & Morality, Volume 10, Issue 1
Journal of Markets & Morality, Volume 10, Issue 1
Nov 29, 2025 5:19 AM

This issue of the Journal of Markets & Morality features a scholia translation of Cardinal Cajetan’s (1469-1534) influential treatise On Exchanging Money (1499). Cajetan is the author of the officially mentaries on the Summa of Thomas Aquinas, which are easily available in the magnificent Leonine edition of this magnum opus. He is even more famous as the papal legate whom Leo X (1513-1521) dispatched to Germany in a futile effort to bring Martin Luther back into the Roman fold. Economic historians have pointed out that Cajetan’s treatise holds a decisive place in the history of economics because it set forth the fullest and most unqualified defense of the foreign exchange market at its date of publication.

We are also pleased to publish Raymond de Roover’s essay, “Cardinal Cajetan on ‘Cambium’ or Exchange Dealings,” both as an introduction to the Cajetan scholia as well as “a testament to †Raymond de Roover’s original and enduring contribution to the field of economic historiography.” Likewise, this issue’s editorial by Stephen J. Grabill surveys “Raymond de Roover’s Enduring Contribution to Economic History.”

The editorial and article abstracts are freely available to nonsubscribers (you can sign up for a subscription here, including the very affordable electronic-only access option).

Other articles included in this issue:

“The Price of Freedom: Consumerism and Liberty in Secular Research and Catholic Teaching,” by Andrew V. Abela“Ideas, Associations, and the Making of Good Cities,” by Robert Driscoll“The Claim for Secularization as a Contemporary Utopia,” by Jan Klos“The Fiscal and Tributary Philosophy of Antonio Rosmini,” by Carlos Hoevel“A ‘Marketless World’? An Examination of Wealth and Exchange in the Gospels and First-Century Palestine,” by Edd S. Noell“Intersubjectivity, Subjectivism, Social Sciences, and the Austrian School of Economics,” by Gabriel J. Zanotti“Can Social Justice Be Achieved?” by José Manuel Moreira & Arnaud Pellissier Tanon

Also included is our usual outstanding fare of book reviews, courtesy the editorial oversight of Kevin Schmiesing.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Myths Christians Believe about Wealth and Poverty
Dr. Jay W. Richards gave an impassioned address at the heavily attended Acton Lecture series yesterday titled, “Myths Christians Believe about Wealth and Poverty.” This topic was especially relevant for me because I graduated from a Wesleyan Evangelical seminary, which constantly preached and proclaimed so many myths Richards addressed, especially “the piety myth.” This was a big problem in seminary, as the gospels were often linked to promoting the modern welfare state, and its goals of wealth redistribution. Richards said...
Usury and Market Failure
When the sign for one of those payday lending stores went up on the corner a block away from my house, I have to say I was less than enthusiastic. The standard response in a market economy to “market failure” is for a nonprofit to fill the gap in services or meet the need. Today’s NYT reports on efforts in the short-term loan industry to meet that need. As it stands in the market system, “Payday loan stores, which barely...
The Call of the Entrepreneur at First Things
Ryan T. Anderson over at the First Things blog, takes a look at the Acton documentary The Call of the Entrepreneur and wonders: Countless movies and s portray businessmen as greedy, conniving, self-serving agents of exploitation who sully the air, melt the ice caps, and abuse the poor. The news media is even worse: Enron, Arthur Andersen, WorldCom—watching the nightly news and reading the morning paper, one gets the impression that businesses are run solely by the corrupt, the vile,...
Job Licensing and ‘The Children’
Do you ever walk into a business and see a license on the wall and wonder if that specific industry really needs to be licensed by the state? I know I have thought that, if just a few times. John Fund of the Wall Street Journal looks at how licensing laws hinders low prices petition in the marketplace. In a piece titled, License to Kill Jobs, Fund also explains how over regulation has stymied job growth and the ability of...
Readings on Church and Poverty
This summer I’m working on developing the syllabus for a class that I’ll be helping to lead in the Fall. The course will focus on readings in social ethics, with a general theme on church and culture, and a particular theme on church and poverty. I’ll be reading through the selections on this particular theme over the next few weeks. I’d like to post the readings for the week that I’ll be going through, so that you can read along...
Pensions, Population, and Prosperity
Earlier this month, Washington Post columnist Robert plained about the lack of creative thinking concerning the issue of social security. “Washington’s vaunted think tanks — citadels for public intellectuals both liberal and conservative — have tiptoed around the problem,” he wrote. “Ideally, think tanks expand the public conversation by saying things too controversial for politicians to say on their own. Here, they’ve abdicated that role.” As though on cue, in the publications pipeline at the time was the latest in...
BET’s “Read A Book” Is Satirical Not Racist
One of the sad legacies of the civil-rights movement is that anyone who makes a ment about bad dimensions of black life in America is automatically branded a racist. This is silly. The New York Times reports today on the uproar regarding a recent BET satirical cartoon called “Read A Book” which is circulation in . Some are claiming that the video is racist. In a gloss on the hip-hop videos frequently shown on BET, an animated rapper named es...
COE at Gilder/Forbes Tech Conferece
Acton Media’s documentary, “The Call of the Entrepreneur,” is slated as the first item on the 2007 Agenda for the Annual Gilder/Forbes Telecosm Conference, to be held in Lake George, NY this October. The theme for the 2007 Conference is “Pursuing opportunities, celebrating entrepreneurship, and seeking the upside surprises surrounding ing end of the local area network.” Visit the Conference website for more information and to register. ...
And I Still Haven’t Seen Dime One From Exxon…
It’s been at least a few months since I admitted abandoning all of my principles and ethics in favor of rolling around in great piles of filthy Exxon lucre, and I’ll be honest with you here – I haven’t even gotten so much as a thank you note from Rex Tillerson. Meanwhile, Al Gore appears to have offset his carbon emissions by planting a forest of magical money trees, and it’s HARVEST TIME, BABY! Not too long ago, a premier...
Coffee, Capitalism, and Corporate Encroachment
Railing against corporate dictatorship, delocator.net helps consumers find locally-owned cafes, bookstores, and movie theatres in their area — alternatives to the “invasion” of Starbucks, Borders, and their ilk. The site itself is actually quite an interesting capitalist idea in its freshness and creativity, and people certainly should eat or drink or shop where they are fortable. That’s the beauty petition! And the kind munity-building that often takes place at familiar, time-tested, local shops is to be encouraged. But to say...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved