By Joel Kaye

ISBN-10: 1107028450

ISBN-13: 9781107028456

The perfect of stability and its organization with what's ordered, simply, and healthy remained unchanged during the medieval interval. The crucial position dispensed to stability within the workings of nature and society additionally remained unchanged. What replaced in the tradition of scholasticism, among nearly 1280 and 1360, was once the emergence of a drastically increased feel of what stability is and will be. during this groundbreaking heritage of stability, Joel Kaye unearths that this new feel of stability and its prospects grew to become the foundation of a brand new version of equilibrium, formed and shared by way of the main acute and cutting edge thinkers of the interval. via a spotlight on 4 disciplines - scholastic monetary proposal, political concept, scientific inspiration, and average philosophy - Kaye's ebook unearths that this new version of equilibrium spread out impressive new vistas of inventive and speculative danger, making attainable a profound re-thinking of the realm and its workings.

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Extra resources for A History of Balance, 1250-1375: The Emergence of a New Model of Equilibrium and its Impact on Thought

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28 A History of Balance, 1250–1375 around the text of Gratian, the science of civil law developed in this same period around the texts constituting the Corpus iuris civilis. These texts, Digest, Codex, Institutes (and later Novellae), first compiled and published in the time of the Emperor Justinian (c. 534 CE), and first recovered for study at Bologna in the first half of the twelfth century, contained the distilled legal wisdom and judgments of six centuries of Roman jurisprudence. From its earliest days, the medieval profession of law placed an extraordinary value on the ideal of aequitas.

I would argue that whether explicitly verbalized or not, the presence or absence of balance tests entire fields of thought, belief, and imagination. If the presence of balance/aequalitas (however imagined within the particular culture) is either apparent or the likely end result of a way of thinking or seeing, the thought and vision are good. If not, not. In this, models of equality and equalization can be seen to function in pre-modern cultures in much the same way that conservation laws function in the present.

Money which in the firm intent of its owner is directed toward the production of probable profit (ad aliquod probabile lucrum) possesses not only the qualities of money in its simple sense but beyond this a kind of seminal cause of profit within itself, which we commonly call “capital” (communiter capitale vocamus). And therefore it possesses not only its simple numerical value as money/measure but it possesses in addition a superadded value (valor superadiunctus). Peter of John Olivi, Tractatus de emptionibus et venditionibus, de usuris, de restitutionibus (c.

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A History of Balance, 1250-1375: The Emergence of a New Model of Equilibrium and its Impact on Thought by Joel Kaye

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