Excerpt: ... or sell. But labour is not the only determinant of value; there is, e.g., the price of the raw materials, a price that is not wholly determined by the labour of producing those materials.'4 Footnote 1: Political Economy, s. 48. Footnote 2: Politische Oekonomie vom Standpuncte der geschichtlichen Methode, p. 116. Footnote 3: Op. cit., p. 112. Footnote 4: Ethics, vol. ii. p. 181. The just price, then, in the absence of a legal fixing, was held to be the price that was in accordance with the communis estimatio. Of ...
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Excerpt: ... or sell. But labour is not the only determinant of value; there is, e.g., the price of the raw materials, a price that is not wholly determined by the labour of producing those materials.'4 Footnote 1: Political Economy, s. 48. Footnote 2: Politische Oekonomie vom Standpuncte der geschichtlichen Methode, p. 116. Footnote 3: Op. cit., p. 112. Footnote 4: Ethics, vol. ii. p. 181. The just price, then, in the absence of a legal fixing, was held to be the price that was in accordance with the communis estimatio. Of course, this did not mean that a plebiscite had to be taken before every sale, but that any price that was in accordance with the general course of dealing at the time and place of the sale was considered substantially fair. 'A thing is worth what it can generally be sold for-at the time of the contract; this means what it can be sold for generally either on that day or the preceding or following day. One must look to the price at which similar things are generally sold in the open market.'1 'We must state precisely, ' says the Abbe Desbuquois, 'the character of this common estimation; it did not mean the universal suffrage; although it expresses the universal interest, it proceeds in practice from the evaluation of competent men, taken in the social environment where the exchange value operates. If one supposes a sovereign tribunal of arbitration where all the rights of all the weak and all the strong economic factors are taken into account, the just price appears as the sentence or decision of this court.'2 'For the scholastics, the common estimation meant an ethical judgment of at least the most influential members of the community, anticipating the markets and fixing the rate of exchange.'3 Footnote 1: Caepolla, De Cont. Sim., 72. Footnote 2: Op. cit., pp. 169-70. Footnote 3: Fr. Kelleher in the Irish Theological Quarterly, vol. xi. p. 133. It is quite incorrect to say, as has been sometimes said, that the mediaeval just price was in no.
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Add this copy of An Essay on Mediaeval Economic Teaching (Reprints of to cart. $12.00, very good condition, Sold by Powell's Books Chicago rated 5.0 out of 5 stars, ships from Chicago, IL, UNITED STATES.
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Fair. Hardcover copy with gutter broken. Ex-library with usual stamps and marking. This is a damaged book. May be ex-library, water-damaged, or spine creased/broken. Acceptable, Reading copy only, with writing/markings and heavy wear. Standard-sized.
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This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. Book contains pencil markings. In poor condition, suitable as a reading copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 650grams, ISBN:
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Add this copy of Essay on Mediaeval Economic Teaching, an to cart. $35.00, good condition, Sold by Books for Libraries, Inc. rated 3.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 1920 by Longmans, Green, and Co.
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Good. 1920 Hardcover. Ex-Library. Text is clean. Binding is strong. Red cloth cover, back cover has black marks, corners are rubbed, upper spine has a tear.
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Add this copy of An Essay on Mediaeval Economic Teaching to cart. $47.01, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2013 by Tredition Classics.
