Thursday, July 9, 2015

Aquinas on Private Property

My friend Harry Veryser explains in this brief video three reasons Thomas Aquinas thought that private property is a social virtue.

Veryser teaches economics at The University of Detroit - Mercy and is the author of It Didn't Have to Be This Way: Why Boom and Bust Is Unnecessary-and How the Austrian School of Economics Breaks the Cycle.

I also briefly mention Aquinas in my Foundations of Economics: A Christian View when discussing the Christian ethic of property. While it is true that Aristotle's view of private property has been tremendously influential, I would also argue that we can trace the idea back farther to at least the book of Exodus.

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