The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Aquinas, St Thomas (1225–1274)

  • Barry Gordon
Reference work entry


St Thomas Aquinas is generally acknowledged as the outstanding theologian of the high Middle Ages. A member of the Dominican order and a pupil of Albertus Magnus (1206–80), St Thomas taught at a number of centres including Paris, Anagni, Orvieto, Rome, Viterbo and Naples. In his research he drew on an extensive range of sources, from the Christian tradition (based on the Scriptures, the Fathers and the Roman writers) to Greek philosophy including the thought of the newly ‘rediscovered’ Aristotle. The writings of Aquinas are also wide-ranging, including commentaries on Aristotle’s Politics and Ethics. Most celebrated among his major works is the Summa Theologica, which was set down between 1265 and 1273.


Aquinas, St Thomas Aristotle Commutative justice Compensation Just price Justice Market price Restitution Usury Value 

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Barry Gordon
    • 1
  1. 1.