scholarly journals Liberalismo económico y doctrina moral católica

2021 ◽  
pp. 121-160
Author(s):  
Rodrigo Hidalgo Torres
Keyword(s):  
Catholic Church ◽  
Free Market ◽  
Jel Classification ◽  
Theory And Practice ◽  
Austrian School ◽  
Market Theory ◽  
Palabras Clave ◽  
The Social ◽  
Social Teachings ◽  
The Catholic Church

This article presents an analysis of the current tenets of the Social teachings of the Catholic Church and their possible compatibility with the free market theory and practice. According to the Author, the teachings of the Austrian School of Economics, around creative entrepreneurship and dynamic efficiency, can provide a new and fruitful nexus between the Catholic Church and the free market. Key words: Catholic Social Doctrine, market, classical liberalism, entrepre-neurship, Austrian School. JEL Classification: A10, D40, E24, I30, O10. Resumen: En el presente trabajo se efectúa un repaso a la Doctrina Social de la Iglesia Católica (DSI) analizándose su posible compatibilidad con el liberalismo económico y proponiendo a la Escuela Austriaca de eco-nomía (con su énfasis en la creatividad y la función empresarial) como punto de encuentro más prometedor entre la moral católica y el mercado libre. Palabras clave: Doctrina Social de la Iglesia, mercado, liberalismo, función empresarial, Escuela Austriaca. Clasificación JEL: A10, D40, E24, I30, O10.

scholarly journals Los desarrollos teóricos de la Escuela Austriaca de Economía inspirados en la Escuela de Salamanca. Validez en el estudio de problemas contemporáneos

2021 ◽  
pp. 123-155
Author(s):  
Carlos Arturo Gómez Restrepo
Keyword(s):  
Free Market ◽  
Value Theory ◽  
Austrian School ◽  
Monetary Theory ◽  
Market Theory ◽  
Capital Theory ◽  
Jel Codes ◽  
Palabras Clave ◽  
School Of Salamanca ◽  
Theory Of Value

This paper studies the theoretical contributions of both The School of Salamanca and The Austrian School regarding the theory of value, capital theory and monetary theory. This study permits to understrud the failure of the economic analysis of the mainstream based on the equilibrium, simmetric information, and the narrow concepts of perfect competion and rationality, among others. Key words: School of Salamanca, Austrian School, free market, theory of capital and interest, value theory, monetary theory. JEL codes: B11, B25, B53. Resumen: En este artículo se muestran los concurrentes desarrollos teóricos de la Escuela de Salamanca y de la Escuela Austriaca de Economía, que para efectos de su análisis se agrupan en tres teorías enmarcadas dentro de la concepción del libre mercado: La teoría del valor, la teoría del capital y del interés, y la teoría monetaria, y que permiten evidenciar los fallos del análisis económico de problemas actuales, realizado por la denominada «corriente principal», y desarrollados a partir de los supuestos de mercado en equilibrio, información simétrica, competencia perfecta, y racionalidad económica, entre otros. Palabras clave: Escuela de Salamanca, Escuela Austriaca de Economía, libre mercado, teoría del capital y del interés, teoría del valor, teoría monetaria. Códigos JEL: B11, B25, B53.

scholarly journals La epistemología de la Escuela Austriaca de economía (la fundamental aportación de F. A. Hayek a la teoría del conocimiento)

2021 ◽  
pp. 253-303
Author(s):  
César Meseguer
Keyword(s):  
Social Sciences ◽  
Evolutionary Process ◽  
Human Mind ◽  
Jel Classification ◽  
Austrian School ◽  
Levels Of Abstraction ◽  
Palabras Clave ◽  
The Social ◽  
The Brain ◽  
Outstanding Representative

The exact process of the human brain and mind information and development is still, in many ways, a true mystery. Nonetheless, it seems clear that the evolutionary process enabled the brain and mind to progress from the most basic and instinctive aspects to evermore advanced levels of abstraction, which permitted the generation of increasingly complex abilities and elaborate language. But, how do we believe that the human mind works? How are we able to acquire knowledge and to transmit it? What are the appropriate methods to try and get close to the «real» world that surrounds us? The Austrian School of Economics has made some very interesting contributions to this subject, not only with regards to epistemology but also in the social sciences, mainly thanks to the contribution of the school’s most outstanding representative, F.A. Hayek. The main goal of the present work is to try and make the importance of Hayek’s contribution known, as well as to examine its derived consequences for epistemology and social science methodologies in general, and the consequences for Economics and Law in particular. Key Words: Epistemology, evolution, methodology, ontology, knowledge, sci-ence, method, reason, Austrian School. JEL Classification: B40, B41, B49, B52, B53. Resumen: El proceso exacto de formación y desarrollo del cerebro humano y de la mente es todavía en muchos aspectos un auténtico misterio. No obstante, parece claro que el proceso evolutivo permitió ir pasando desde los aspectos más básicos e instintivos, hasta niveles cada vez más elevados de abstracción, que permitieron la generación de habilidades complejas y de un lenguaje cada vez más elaborado. Pero ¿cómo creemos que funciona la mente huma-na? ¿Cómo somos capaces de adquirir conocimientos y transmitirlos? ¿Cuáles son los métodos adecuados para tratar de acercarnos a la «verdad» del mun-do que nos rodea? Sobre estas materias, la Escuela Austriaca de Economía, ha realizado aportaciones muy interesantes, tanto en epistemología, como en metodología de las ciencias sociales, fundamentalmente gracias a la contribu-ción de su representante más destacado, F. A. Hayek. El objetivo principal de este trabajo es tratar de dar a conocer la gran importancia de esa contribu-ción, así como las consecuencias que de ella se derivan para la epistemología y la metodología de las ciencias sociales en general, y para la Economía y el Derecho en particular. Palabras clave: Epistemología, evolutivo, metodología, ontología, conocimien-to, ciencia, modelo, razón, Escuela Austriaca. Clasificación JEL: B40, B41, B49, B52, B53.

scholarly journals Peace in society as value and principle of "culture of life" (in the light of works S. John Paul II)

2015 ◽  
pp. 252-262
Author(s):  
Sergiy Prysukhin
Keyword(s):  
Catholic Church ◽  
Social Violence ◽  
John Paul Ii ◽  
The Social ◽  
Social Teachings ◽  
The Catholic Church

The article covers the achievements of the social teachings of the Catholic Church in overcoming the «culture of death» (the social violence in the form of wars, terrorism, etc.) through the consolidation of peace as a component of the values and principles of the «culture of life».

scholarly journals The business cycle: a definition

2021 ◽  
pp. 205-262
Author(s):  
Tuur Demeester
Keyword(s):  
Business Cycle ◽  
Jel Classification ◽  
Austrian School ◽  
Methodological Framework ◽  
The Core ◽  
Palabras Clave ◽  
The Business Cycle ◽  
Necessary And Sufficient ◽  
Counter Argument

The goal of this article is to properly define the economic phenomenon of the business cycle. The text is rooted in the tradition of the Austrian School of Economics, and the methodological framework builds on concepts developed by Aristotle and Thomas Aquinas. This leads to the development of a few new methodological concepts, such as a re-interpretation of «inflation» and «deflation», and the re-introduction of «imaginary goods» as an important social phenomenon. The core observation of the article is that the business cycle is in fact a subclass of another kind of cycle, the «fraud cycle». Our conclusion is that in order to produce a business cycle, the occurrence of institutional fraud in the sphere of money and banking are both necessary and sufficient. The counter-argument that honest banking can also produce business cycles is refuted in Appendix I. We believe this article is significant in two ways: 1) it provides an unambiguous recipe for the long term extermination of the business cycle; and 2) it helps expand the scope of the Austrian School beyond economics into fields of law and morality. Key words: Business Cycle, Fraud Cycle, Austrian School, money and banking. JEL Classification: B53, B49, D01, K13. Resumen: El objetivo de este artículo es definir apropiadamente el fenómeno económico del ciclo económico. El resto está enraizado en la tradición de la Escuela Austriaca de Economía, y el marco metodológico parte de los conceptos desarrollados por Aristóteles y Tomás de Aquino. Esto conduce al desarrollo de algunos conceptos metodológicos nuevos, tales como la reinterpretación de la «inflación» y la «deflación», y la reintroducción de los «bienes imaginarios» como un fenómeno social importante. La observación central de este artículo es que el ciclo económico es de hecho una subclase de otro tipo de ciclo, el «ciclo del fraude». Nuestra conclusión es que para producir un ciclo económico, la existencia de un fraude institucional en la esfera del dinero y la banca es una condición necesaria y suficiente. El Apéndice I refuta el contra-argumento de que una banca honesta también puede producir ciclos económicos. Creemos que este artículo es significativo por dos motivos: 1) ofrece una receta clara para la eliminación del ciclo económico; y 2) ayuda a expandir el ámbito de la Escuela Austriaca más allá del campo de la Economía hacia los campos del Derecho y la Moralidad. Palabras clave: Ciclo económico, ciclo del fraude, Escuela Austriaca, dinero y banca. Clasificación JEL: B53, B49, D01, K13.

scholarly journals The problems of marriage in the social teaching of the Catholic Church

2014 ◽  
pp. 112-122
Author(s):  
S. Prysuhin
Keyword(s):  
Catholic Church ◽  
Social Structures ◽  
Social Teaching ◽  
The Social ◽  
The Catholic Church

In the article S. Prysukhin “The problems of marriage in the social teaching of the Catholic Church” reveals substantial characteristics of the concept of "Christian marriage", its positive value in overcoming the social structures of sin in modern civilization.

scholarly journals Vínculos entre la Escuela Austriaca de Economía y el método de la inversión en valor

2021 ◽  
pp. 255-304
Author(s):  
Diego E. Quijano Durán
Keyword(s):  
Common Sense ◽  
Jel Classification ◽  
Austrian School ◽  
Economic Calculation ◽  
Austrian School Of Economics ◽  
Value Investing ◽  
Palabras Clave ◽  
The World ◽  
The Common

The Austrian school of economics and the investment method known as value investing have a similar conception of the world, so that it is possible to find multiple links between them and form a coherent structure. To the economist, this allows for a much deeper understanding of the entrepreneurial function and the manner in which economic calculation is actually performed. To the investor, it offers a theoretical framework that explains economic phenomena, permitting him to better understand the role of the entrepreneur and to protect his investment when dangerous patterns can be observed. In this essay, we begin from the common stance of both schools of thought towards common sense, the use of realistic assumptions, the importance of prudence and the low value of complex mathematics in the fields of economics and finance. We then proceed to develop in greater depth nine aspects that have strong philosophical and scientific links. Key words: Value investing, Austrian school of economics, entrepreneurship, dynamic efficiency, economic calculation. JEL Classification: A12, G17, M20. Resumen: La Escuela Austriaca de Economía y el método de inversión en valor tienen una concepción similar del mundo que permite entrelazarlas coherentemente. Al economista, le permite profundizar el conocimiento del ejercicio de la función empresarial y la realización del cálculo económico en la práctica. Al inversor, le ofrece un marco teórico para comprender mejor el papel del empresario y los fenómenos económicos y detectar temprano patrones peligrosos y así protegerse. En este trabajo partimos de la base de que ambas escuelas de pensamiento tienen sus raíces en el sentido común y los supuestos realistas, que son prudentes a la hora de ver el futuro y que dudan de la utilidad de las matemáticas complejas en los campos económicos y financieros. Sobre ello, desarrollamos nueve aspectos en los cuales hay fuertes conexiones como, por ejemplo, la manera en que el ejercicio de la empresarialidad mejora la eficiencia del mercado y coordina los planes de las personas. Palabras clave: Inversión en valor, escuela austriaca de economía, empre-sarialidad, eficiencia dinámica, cálculo económico. Clasificación JEL: A12, G17, M20.

scholarly journals The social doctrine of the catholic church as a foundation for the emergence of the legal regulation in the area of social protection in Europe

2020 ◽  
pp. 353-357
Author(s):  
Mykhailo Shumylo
Keyword(s):  
Human Rights ◽  
Welfare State ◽  
Catholic Church ◽  
Social Protection ◽  
Legal Regulation ◽  
Social Rights ◽  
Holy See ◽  
Social Doctrine ◽  
The Social ◽  
The Catholic Church

The social doctrine of the Catholic Church is an indication of the active involvement of the Church in disseminating the ideas ofthe welfare state and it reflects its attempts to establish ideals of the welfare state through an external influence on the ideology of countriesthat belong to Christendom.Furthermore, one cannot ignore the fact that encyclicals had a direct or indirect influence on the adoption of the first social protectionacts in Catholic Europe where encyclicals played an important role.As a result, the Holy See aligned itself with the labour movement.Considering the fact that papal encyclicals covered the entire Catholic World, these documents can be viewed as an example ofinternational soft law.The first social rights, principles, and values in the area of social protection were enshrined in the encyclicals.Social rights belong to second-generation human rights the legal basis for which comprises international instruments adoptedafter the Second World War (the Universal Declaration of Human Rights (1948), the Convention for the Protection of Human Rightsand Fundamental Freedoms (1950), the International Covenant on Economic, Social and Cultural Rights (1966), the European SocialCharter (Revised) (1965–1996), the European Code of Social Security (1964), meaning 50 years after these rights were enshrined inpapal encyclicals.There is an indisputable fact that has still not been discussed in scientific research on social protection and according to whichthe social doctrine of the Catholic Church can be viewed as an inherent part of the process of occurrence, formation, and developmentof social protection, and it can be regarded as an ideological framework, a source of social rights and principles of social protection.Considering the above-mentioned findings, the social doctrine of the Catholic Church can be defined as the body of legislationadopted by the Holy See regarding the status and development of social and labour rights, their place in a person’s life and in publiclife. Papal encyclicals form the basis of that legislation and they are addressed to believers, bishops, and archbishops.

scholarly journals Jesús Huerta de Soto: The Synthesizer of the Austrian School

2017 ◽  
pp. 173-202
Author(s):  
William Hongsong Wang
Keyword(s):  
Jel Classification ◽  
Bank Credit ◽  
Austrian School ◽  
Dynamic Efficiency ◽  
Free Banking ◽  
Economic Cycles ◽  
Palabras Clave

Professor Jesús Huerta de Soto is one of the leading Austrian School economists in the contemporary era. This paper reviews his biography as a great Austrian School economist, a successful entrepreneur and a tireless fighter for freedom. This paper also reviews his original and important aca-demic contributions on the theory of socialism and entrepreneurship, the theory of bank credit and economic cycles, and the theory of dynamic efficiency. Keywords: Jesús Huerta de Soto, Austrian School, free banking, socialism, dynamic efficiency. JEL Classification: B41, B53, C18, D53, D6, D81, D83, E32, E42, E52, E6, G21, H23, K11, K12, L21, P11, P41, P21. Resumen: El profesor Jesús Huerta de Soto es actualmente uno de los principa-les economistas de la Escuela Austriaca. Este trabajo revisa su biografía como gran economista austriaco, emprendedor de éxito, y un luchador incansable y entusiasta por la libertad. Este artículo también revisa sus contribuciones aca-démicas originales en lo que respecta a la teoría del socialismo y la función empresarial, la teoría del crédito bancario y los ciclos económicos, y la teoría de la eficiencia dinámica. Palabras clave: Jesús Huerta de Soto, Escuela Austriaca, banca libre, socia-lismo, eficiencia dinámica. Clasificación JEL: B41, B53, C18, D53, D6, D81, D83, E32, E42, E52, E6, G21, H23, K11, K12, L21, P11, P41, P21.

scholarly journals Religious factor and modern society in the context of changes social paradigm Roman Catholic Church

2015 ◽  
pp. 36-43
Author(s):  
Mykhailo Babiy
Keyword(s):  
Catholic Church ◽  
Modern Society ◽  
Roman Catholic ◽  
Social Processes ◽  
Roman Catholic Church ◽  
The Social ◽  
Religious Factor ◽  
Social Paradigm ◽  
The Catholic Church

Article in the theoretical and practical aspects considers the problem of the religious factor in social processes in the context of the social paradigm of the Catholic Church.

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