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Making Money in Sixteenth-Century FranceCurrency, Culture, and the State$
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Jotham Parsons

Print publication date: 2014

Print ISBN-13: 9780801451591

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801451591.001.0001

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The Logic of Economic Regulation

The Logic of Economic Regulation

Chapter:
(p.60) Chapter 2 The Logic of Economic Regulation
Source:
Making Money in Sixteenth-Century France
Author(s):

Jotham Parsons

Publisher:
Cornell University Press
DOI:10.7591/cornell/9780801451591.003.0003

This chapter focuses on the logic that lay behind educated, elite, and public understanding of money regulation. Particularly, it discusses two concepts grounded in classical philosophy. First, that money is a product of the development of social order beyond the household, as well as a spur to blind acquisition, and a technology of justice. Secondly, that money can unleash passions of ambition and avarice; thus it is in desperate need of regulation by royal legislation, royal courts, and royal inspectors. In general, the dominant understanding of money in sixteenth-century France was Aristotelian: money was the inevitable but dangerous and destabilizing product of commerce between households and polities, constantly threatening to inflate and unchain the illegitimate ambitions of nobles and commoners alike.

Keywords:   money regulation, classical philosophy, social order, blind acquisition, royal legislation, royal courts, royal inspectors

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