Home
/
RELIGION & LIBERTY ONLINE
/
Journal of Markets & Morality, Volume 10, Issue 1
Journal of Markets & Morality, Volume 10, Issue 1
Dec 10, 2025 3:36 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
This Week at ETS
A number of us who are affiliated with the Acton Institute in various ways will be traveling to Washington, D.C. this week to attend the 58th annual meeting of the Evangelical Theological Society, “Christians in the Public Square.” I hope to bring you updates from some of the more interesting and engaging presentations. With that in mind, for your interest below are the papers scheduled to be given by Acton scholars: Wednesday, November 15 E. Calvin Beisner, “Scientific Orthodoxies, Politicized...
A New Kind of Evangelical Presence
Pundits and pollsters are sorting out the results of Tuesday’s elections day-by-day now. Most are agreed that these mid-term elections do not signal a huge victory for the political left. But why? The Democrats did win both houses of Congress didn’t they? Most of the seats lost by Republicans were lost to candidates as a result of the Democrats running men and women who were far less extreme than the voices of the post-60s crowd that has controlled their party...
More on Gerson and Evangelical Politics
As a follow-up to John Armstrong’s post, I point you to this excellent response to Gerson’s article by Joe Knippenberg at No Left Turns (HT: Good Will Hinton). Knippenberg raises the relevant question whether “the ‘new evangelicals’ he describes will have sound practical judgment to go along with their decency and moral energy.” I think it’s true that the potential is there for the “new” evangelicals to go the Jim Wallis route, who is proclaiming the election as “a defeat...
Catholic Social Teaching and Health Care
Susan Stabile, a law professor at St. John’s University and a contributor to Mirror of Justice, analyzes the current state of health coverage in the United States in light of Catholic social teaching in this article. I have quibbles here and there along the way, but on the whole the approach and the conclusions are sound. She is probably right that Health Savings Accounts (HSAs) have limited value, though my reasoning would be a little different. I would say that,...
The Catholicity of the Reformation: Musings on Reason, Will, and Natural Law, Part 7
This post concludes my series on the largely forgotten catholicity of Protestant ethics, with a few brief remarks and reflections. My goal for this series, as stated in Part 1, was to show that voluntarism and nominalism are not the same thing, that two important Reformed theologians (Peter Martyr Vermigli and Jerome Zanchi) had more than a passing interest in Thomism (or intellectualism as Pope Benedict XVI referred to it in his now famous Regensburg address), and that evangelicals need...
Reflections on ETS Day One
Things were busy here yesterday at the annual meeting of the Evangelical Theological Society in Washington, D.C. With over 1800 registered attendees and 600+ papers being presented, the ideas are flying fast and furious. My paper on Bonhoeffer’s views of church and state went well. A few people asked me to send them copies of the paper, so expect a series of blog posts containing the text ing days (once I clean up the textual apparatus). One highlight of the...
The Social Aspect of the Gospel
In preparing for the paper I’m giving this week on Bonhoeffer’s views of church and state, I ran across the following quotes, which nicely illustrate his view of the gospel and its relation to alleviation of social oppression and suffering. In his essay, “Ultimate and Penultimate Things,” he writes, It would be blasphemy against God and our neighbor to leave the hungry unfed while saying that God is closest to those in deepest need. We break bread with the hungry...
Chicken Little circa 2006
The UN has been busy updating the Chicken Little fable into a contemporary context. You know the story where the little chick runs around crying, “The sky is falling! The sky is falling!” In this edition, however, the looming disaster is (predictably) climate change. The es courtesy of the U.S. Senate Committee on Environment and Public Works (HT: NewsBusters). Sedna, the Mother of the Sea The Gaia motif is perhaps the most revealing part, as in “Tore and the Town...
Conservatives and the GOP
In an op-ed last week, Acton senior fellow Jerry Zandstra argues that in Michigan, even though the GOP lost, conservatives won. In “GOP loses, but conservatives win in Michigan” Zandstra explains the phenomenon that “Conservative positions won in the ballot initiatives but Republican candidates lost.” Some more evidence that Republicans have generally abandoned conservative economic es from Cato@Liberty’s examination of the voting records of ousted GOP lawmakers (HT: AmSpec Blog). The conclusion? “The great majority of losing Republicans were economic...
Food for Thought: Andrew Sullivan and Retrofitted Christianity
The Hugh Hewitt/Andrew Sullivan kerfuffle has been mentioned a few times on the PowerBlog (here and here, for example), and while the dust has largely settled from that event, the issues that it raised continue to be addressed in various corners of the blogosphere. The most interesting (and mentary that I’ve read on Sullivan and his new book is by the Rev. Dr. Mark Roberts, who serves as Senior Pastor of Irvine Presbyterian Church in Irvine, California. Roberts’ critique is...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved