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Nicole Oresme’s “De origine, natura, jure et mutationibus monetarum”

Monday, 26th September 2016

An old article, but it’s nice to see the good bishop get some airtime.

Readings in Economic Thought

Nicole Oresme (1320 – 1382)

Oresme

Nicole Oresme is a scholastic from the 14th century. He is not quite the theologian and philosopher that Aquinas was, but he may be considered the greatest economist of the Middle Ages. He is credited with writing one of the first treatises on economics, which turns out also to be the first treatise on money. Oresme was born near the city of Caen in Normandy. From about 1341, he resided at the University of Paris. He left the university in 1362 to serve Charles V for whom he translated the works of Aristotle from Latin into French.

De origine, natura, jure et mutationibus monetarum (The Treatise on the Origin, Nature, Law and Alternations of Money).  It is unclear when Oresme wrote his treatise, but it seems he wrote the original latin text and a french translation (Traictié de la premiere invention des monnoies) before leaving the University…

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