Justice in the Marketplace in Early Modern Spain

Justice in the Marketplace in Early Modern Spain examines the religious views and motivations of the late scholastic authors Cristobal de Villalon and Luis Saravia de la Calle . Michael Thomas D’Emic explains their technical and moral analysis of contemporary financial markets in the context of these motivations and provides critical commentary on their conclusions in the light of modern economic and financial theory.

Michael Thomas D'Emic is a senior advisor with Worldwide Capital Advisory Partners, LLC, and is an adjunct professor of technology management and innovation at the New York University Polytechnic School of Engineering.

TABLE OF CONTENTS Introduction Bibliographical review Thesis Statement: addressing the central questions Organization Chapter 1: Historical Background Social and economic context Intellectual context A note on genre Chapter 2: The Provechoso tratado of Cristóbal de Villalón Introduction Usury: ganar dineros con el dinero y con el tiempo Cambios y contractaciones: the PT as historical record The Just Price La honra: conclusion and final lesson of the PT Concluding remarks: Villalón as a man of the left Chapter 3: The Instrución de mercaderes of Saravia de la Calle Introduction The Prologue The Instrución: early modern financial economics Appendix Chapter 4: The Tractado de los cambios of Saravia de la Calle Introduction Prologue Framework The justifiable cambios and concealed usury Honra in the Tratado de los cambios Chapter 5: Conclusion Findings Later development Bibliography