History of Economic Analysis part 14. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | History of economic analysis 92 19 The choice was a difficult one and may give rise to valid objection particularly against the exclusion of such men as John Major d. 1549 cf. the comments of Ashley in Economic History I Part II Navarrus Martinus de Azpilcueta d. 1586 Domingo de Soto De justicia etjure 1553 and Gaetanus Cardinal Cajetan Tommaso de Vio 1468-1534 all of whom we shall have to mention and others. Tomás de Mercado author of De los tratos de India y tratantes en ellas 1569 enlarged ed. of 1571 the only one known to me under the title Summa de tratos y contratos has been included only because of his quantity theory of money and cannot be put on the same level with Lessius Molina and de Lugo in any other respect. But I am positive that the latter three must be included in any history of economics though there was a further motive for selecting them Professor Dempsey s book Interest and Usury 1943 chs. VI-VIII contains a full exposition of their economics this book com- bines to a degree that is quite exceptional thorough familiarity with scholastic thought and with economic theory so that the interested reader may be referred to it with confidence. Lessius Leonard de Leys 1554-1623 Luis Molina 1535-1600 and de Lugo Juan de Lugo 1583-1660 all wrote treatises de justitia etjure. Our chief guide will be Molina. His treatise appeared in instalments in 1593 1597 and in and after 1600 ed. used De justitia et jure 1659 . All that need be said about the sociology of the later scholastics is that they developed in greater detail and with a fuller perception of implications the ideas that had crystallized in the works of their thirteenth-century predecessors. Their political sociology in particular retained the same method of approach to the phenomena of state and government and also the same radical Their economic sociology especially their theory of property continued to treat temporal institutions as utilitarian devices that were to be .
