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The School of Salamanca (Spanish: Escuela de Salamanca) is an intellectual movement of 16th-century and 17th-century Iberian Scholastic theologians rooted in the intellectual and pedagogical work of Francisco de Vitoria.[1] From the beginning of the 16th century the traditional Catholic conception of man and of his relation to God and to the world had been assaulted by the rise of humanism, by the Protestant Reformation and by the new geographical discoveries and their consequences. These new problems were addressed by the School of Salamanca.
The name is derived from the University of Salamanca, where de Vitoria and other members of the school were based.[2] The Salamanca School of economic thought is frequently regarded as an early precursor to the Austrian School of Economics. This is due to its development of the subjective theory of value, its advocacy for free-market principles, and its focus on the supply and demand of money—ideas that would eventually contribute to the modern concept of sound money.[3][4]
- ^ Izbicki, Thomas; Kaufmann, Matthias (2023), "School of Salamanca", in Zalta, Edward N.; Nodelman, Uri (eds.), The Stanford Encyclopedia of Philosophy (Fall 2023 ed.), Metaphysics Research Lab, Stanford University, retrieved 2024-10-08
- ^ "Asya". Deezer. Retrieved 2024-02-05.
- ^ Grice Hutchinson, Marjorie (1952). The School of Salamanca (PDF). Clarendon Press.
- ^ Rothbard, Murray (2006-11-10). "New Light on the Prehistory of the Austrian School | Mises Institute". mises.org. Retrieved 2024-08-27.