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Ipsius consumptio sive distractio: Money, Interest, and Capital in Thomas Aquinas

The long theological and juridical tradition of monetary theory in the Latin West culminates in Thomas’ interpretation. Moving from Aristotle, Thomas elaborates on the idea of money as an institution, identifying its defining trait as being a measure for the exchange and not the object of the exchange. It is by defining money as something inherently non-appropriable that Thomas derives the condemnation of usury. Usury is no mere sin but a perversion that plagues the social body, favoring unpr...

Regional clearing systems: From the European Payments Union to current initiatives confronting dollar dominance

The International Clearing Union proposed by Keynes at Bretton Woods was designed not only to avoid using a national currency as an international means of payment and reserve asset, but also to provide a source of funding for temporary balance of trade disequilibria. Moreover, the proposal for collective commodity management would have provided liquidity to the international currency, by ensuring its convertibility in a basket of foodstuffs and raw materials. The ICU proposal was unsuccessful...

Measures of Extremal Dependence

In this chapter, we outline how multivariate extreme value theory and in particular extremal dependence can help to quantify extreme quantile regions concerning multivariate data. We briefly discuss some properties of multivariate extreme value distributions and show that a transformation allows us to decouple modelling of the marginal distributions from that of the dependence structure. We consider different definitions of extreme quantile regions that extend concepts of univariate quantiles...

The Foundations of Bayesian Entrepreneurship

Introductory chapter of the book that lays out the foundations of Bayesian entrepreneurship

Homo Entrepreneuricus

This is the second chapter of the book, laying down the foundations of entrepreneurs behavior and thinking

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Tipologia
  • 20 - Contributions to volume, cha...6984
  • 24 - Entries in prestigious encyc...320
  • 21 - Comment in commentary / Comm...319
  • 22 - Introduction/Final Note / Pr...123
  • 23 - Short introduction / Breve i...63
Autore
  • FERRARI, GIUSEPPE FRANCO247
  • LONGO, FRANCESCO153
  • FRACCHIA, FABRIZIO107
  • SIRENA, PIETRO105
  • VEDASCHI, ARIANNA94
  • GARBARINO, CARLO80
  • POLLICINO, ORESTE78
  • AMATUCCI, FABIO MICHELE73
  • STRAMPELLI, GIOVANNI73
  • BRAMANTI, ALBERTO72
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