Langenstein

Well we do know that Obama's great uncle (the one mentioned in today's "gaffe" that obama mentioned in today's speech to vets about PTSD) was part of the US 83rd Infantry Division in World War II and that elements of the 83rd overran Langenstein, one of a number of smaller camps comprising the Buchenwald complex.

Obama Says No To Baghdad Stroll With McCain 2009

There the division liberated over 1,000 prisoners, compelled the mayor of Langenstein to send food and water to the camp, and sped medical supplies forward from the 20th Field Hospital.

Obama Says No To Baghdad Stroll With McCain 2009

For example, one of the "naive" economists, Werner Sombart cites Heinrich von Langenstein (1325-97) to the effect that "if the public authorities fail to fix a price, the producer may set it himself, but he should not charge more for his labor and expenses than would enable him to maintain his status (per quanto res suas vendendo statum suum continuare posit)."

Corporation Christendom Part One 2007

Langenstein continues in the same vein, "And if he does charge more in order to enrich himself or to improve his station, he commits the sin of avarice."

Corporation Christendom Part One 2007

All of these are to be taken into account when determining value.34 Just like St. Thomas Aquinas, Langenstein understood "supply and demand" to play a part in determining price.

Corporation Christendom Part Two 2007

Moreover, Langenstein shows a completely balanced approach to the question of the just price.

Corporation Christendom Part Two 2007

The question was not whether or not Langenstein was one of the "giants" of medieval philosophy, but whether his statement of economic theory and practice can be seen as "characteristic."

Corporation Christendom Part One 2007

Some of those subjective factors that Langenstein mentions are: supply and demand, utility, cost of production, remuneration of labor, cost of transport, and risk.

Corporation Christendom Part Two 2007

The basic ideas were inherent in the works of such writers as Marsiglio of Padua; specific arguments that a general council is superior to a pope, can be called by a king, and is competent to judge a pope or call a new conclave, were advanced in 1379 (Henry of Langenstein) and from then on grew in importance.

1378-1417 2001

The appendix to the first chapter of Reseller's _Geschichte_ also contains a valuable account of certain typical writers, especially of Langenstein and Henricus de Hoyta.

An Essay on Mediaeval Economic Teaching George O'Brien