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This paper examines the relationship between Catholic Social Teaching and the evolution of value theory in economics.

From Just Price to General Equilibrium: Catholic Social Teaching, Modern Value Theory, and the Problem of the Just Wage

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This paper examines the relationship between Catholic Social Teaching and the evolution of value theory in economics.
Historically traces value theory from Augustine and Aquinas to modern economics.
Analyzes the role of Catholic Social Teaching in assessing moral outcomes within economic frameworks.
Discusses the implications of the just wage as a moral boundary in economic theory.
Catholic Social Teaching provides insights into justice and human dignity rather than rival economic theories.
The just wage is defined as a condition that protects human dignity and specifies acceptable economic outcomes.
Economic theory and Catholic Social Teaching complement each other, addressing distinct aspects of economic life.

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Explores the connection between Catholic Social Teaching and economic value theories, emphasizing moral evaluation of outcomes in economic life.

Stephen Lewarne (2026) studied this question.

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Explores the connection between Catholic Social Teaching and economic value theories, emphasizing moral evaluation of outcomes in economic life.