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    Human institutions may be adjusted by legitimate authorit... — Carmelics
    Home/Democracy & Governance
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    Supports→The crown may legitimately alter the denomination of money to serve the common good

    Human institutions may be adjusted by legitimate authority when the common good requires it

    Democracy & GovernanceSocial Contract
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    Democracy & GovernanceSocial Contract

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    Money is merely a unit of measure set by men, not a divinely fixed quantityThe crown may legitimately alter the denomination of money to serve the common g...

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    The common good requires that authoritative institutions take action t...79%Public health institutions are legitimate authorities76%When citizens experience institutions as good, they give those institu...74%The desirability of authority as a means of securing the common good i...72%

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    SEP: economics-early-modern
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    Aquinas, Jean Buridan, and Nicole Oresme, among others of the late medieval period, assimilated Aristotelian economic thought to Biblical teachings and, by and large, cast commercial activities in a negative light (Jones 1989; Langholm 1998). To buy low and sell high was to engage in deception and hence to violate the Golden Rule. To practice usury contravened the Biblical dictum, to “lend, expecting nothing in return” (Luke 6:35). The late medieval philosophers dug more deeply into the evolving

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