A Medieval Homo Economicus?

Nathan Sussman*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

Cultural beliefs that are reflected in homo economicus were transmitted from ancient Indo-European civilizations to Frankish society. I use medieval texts to demonstrate that Gaul's conquest by the Franks sustained and possibly cultivated these beliefs, rather than set them back, even in the absence of developed markets. The cultural presence of homo economicus allows us to apply economic analysis in studying the early Middle Ages. It also suggests that the emergence of capitalism during the commercial revolution, the Enlightenment, and the rise of classical economics as a science in Western Europe are products of these cultural beliefs.

Original languageEnglish
Pages (from-to)527-566
Number of pages40
JournalCapitalism
Volume2
Issue number2
DOIs
StatePublished - 1 Jun 2021
Externally publishedYes

Bibliographical note

Publisher Copyright:
© University of Pennsylvania Press. All rights reserved.

Keywords

  • cultural beliefs
  • economic history
  • history of capitalism
  • homoeconomicus
  • law and economics
  • medieval history

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