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Medieval Franciscan theologian from Oxford, the Thomists' most formidable opponent.
Influenced by Neoplatonic mysticism, John Duns Scotus was the progenitor of the "Nominalist" movement that would eventually unravel Thomism in the 16th Century. In economic affairs (as all others), Scotus refused the "practical" Aristotlean resolutions of Aquinas and the Thomists, demanding proper explanations. In the process, he is said to have created a "cost" theory of value and came to formulate some interesting arguments about the nature of pure and monopolistic competition.
Major Works of John Duns Scotus
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Resources on John Duns Scotus |
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