Lehrbuch Der Nationalokonomie/Teaching Guide to Economics

This is the first English translation of the works of Heinrich Pesch, SJ (1854-1926). Pesch, a German Jesuit scholar and economist, wrote the longest, most exhaustive economics text ever written, one that deserves to be regarded as a kind of Summa Economica. The five-volume Lehrbuch der Nationalokonomie examines all serious economic thinking up until Pesch's time, culling what was deficient, retaining what was worthwhile, and filling in what its author perceived to be lacking. The result was a design for an economic system that is opposed to both classically liberal capitalism and state socialism, based instead on Aristotelian-Thomistic philosophical premises. Pesch developed many of the basic principles which emerged in the social encyclicals of the Catholic Church.