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An Essay on Mediaeval Economic Teaching by George O'Brien
page 20 of 251 (07%)
considerable detail; many refinements are indicated which are not
to be found in the _Summa_; but it is quite safe to say that none
of these later writers ever pretended to supersede the teaching of
Aquinas, who was always admitted to be the ultimate authority. 'During
the fourteenth and fifteenth centuries, the general political doctrine
of Aquinas was maintained with merely subordinate modifications.'[1]
'The canonist doctrine of the fifteenth century,' according to Sir
William Ashley, 'was but a development of the principles to which the
Church had already given its sanction in earlier centuries. It was the
outcome of these same principles working in a modified environment.
But it may more fairly be said to present a _system_ of economic
thought, because it was no longer a collection of unrelated opinions,
but a connected whole. The tendency towards a separate department of
study is shown by the ever-increasing space devoted to the discussion
of general economic topics in general theological treatises, and
more notably still in the manuals of casuistry for the use of the
confessional, and handbooks of canon law for the use of ecclesiastical
lawyers. It was shown even more distinctly by the appearance of a
shoal of special treatises on such subjects as contracts, exchange,
and money, not to mention those on usury.'[2] In all this development,
however, the principles enunciated by Aquinas, and through him, by
Aristotle, though they may have been illustrated and applied to new
instances, were never rejected. The study of the writers of this
period is therefore the study of an organic whole, the germ of which
is to be found in the writings of Aquinas.[3]

[Footnote 1: Ingram, _op. cit._, p. 35.]

[Footnote 2: _Op. cit._, vol. i. pt. ii. p. 382.]

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