Together with its companion volume, Lonergan's Early Economic Research, this volume outlines the process behind one of the great intellectual discoveries of the twentieth century and uncovers Lonergan's framework for a genuine science of economics.

Contents

Abbreviations / vii

Preface / ix

Introduction: Lonergan's Interest in Economics

1 Lonergan's Interest in Economics
2 Context of the Present Work
3 Hypothesis on the Sequence of Development in the Texts

1 The Initial Viewpoint

1 Methodology
2 Lonergan's Introduction to the Scientific Revolution
3 History and the Crisis in the West
4 Catholic Ethics and Economics
5 Lonergan's Early Research In Economics
6 Initial Viewpoint

2 Economics in the Context of Catholic Action: The Quest for a Practical Theory of History

1 A Theory of Catholic Action, 1933-1936
2 Towards the Integration of All Things
3 Reach and Attainment in Lonergan's Quest for a Practical Theory of History

3 Real Analysis and the Analytic Concept of History

1 The Advance to the Analytic Concept
2 Dialectic and the Differentials of History
3 The Developing Viewpoint

4 Interlude: Grace, History, and the World Order of Emergent Probability

1 Dissertation on Operative Grace in Thomas Aquinas
2 'Finality, Love, Marriage' and the World Order of Emergent Probability
3 The Developing Viewpoint

5 The Breakthrough to Economic Science: The Production Process

1 'For a New Political Economy'
2 The Economic and Cultural Problem
3 The Method of Analysis
4 The Universal Rhythms of Production
5 Two Distinct Circuits
6 Phases of the Production Process

6 The Breakthrough to Economic Science: The Structure of Exchange

1 The Function of Money and Finance
2 Introduction to Monetary Circulation
3 Fundamental Economic Variables (The Diagram)
4 Economic Expansion and The Phases of the Pure Cycle
5 The Financial Problem
6 The Trade or Business Cycle
7 The Possibility of Economic Recovery
8 The Emerging Viewpoint

7 Developments after For a New Political Economy

1 The Transition to 'An Essay in Circulation Analysis'
2 'An Essay on Circulation Analysis'
3 The Achievement
4 The Scientific Revolution in Economics

8 Further Contexts
Bibliography

Michael Shute is an associate professor in the Department of Religious Studies at Memorial University of Newfoundland.