An Essay on Mediæval Economic TeachingO'Brien, George
History
An Essay on Mediæval Economic Teaching
O'Brien, George
Economics -- History -- To 1800; Property -- History -- To 1500
By the time of Aquinas the necessity of commerce had come to be fully
realised, as appears from the passage in the _De Regimine Principum_:
'There are two ways in which it is possible to increase the affluence
of any State. One, which is the more worthy way, is on account of the
fertility of the country producing an abundance of all things which
are necessary for human life, the other is through the employment
of commerce, through which the necessaries of life are brought from
different places. The former method can be clearly shown to be the
more desirable.... It is more admirable that a State should possess an
abundance of riches from its own soil than through commerce. For the
State which needs a number of merchants to maintain its subsistence
is liable to be injured in war through a shortage of food if
communications are in any way impeded. Moreover, the influx of
strangers corrupts the morals of many of the citizens... whereas,
if the citizens themselves devote themselves to commerce, a door is
opened to many vices. For when the desire of merchants is inclined
greatly to gain, cupidity is aroused in the hearts of many
citizens.... For the pursuit of a merchant is as contrary as possible
to military exertion. For merchants abstain from labours, and while
they enjoy the good things of life, they become soft in mind and their
bodies are rendered weak and unsuitable for military exercises....
It therefore behoves the perfect State to make a moderate use of
commerce.'[1]
[Footnote 1: ii. 3.]
Public-domain text, read in full here on John Shaqi.
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