Which Spanish scholastic economist said that economies could not be controlled even if one could track every transaction?
I think the context was an argument against Keynesian economics, Cartesian mechanism, and/or Newtonian determinism.
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- Huerta de Soto, Jesús. “Biography of Juan de Mariana: The Influence of the Spanish Scholastics (1536-1624).” Article. Mises Institute (blog), August 1, 2007:
the Jesuit Cardinal Juan de Lugo, wondering what the price of equilibrium was, as early as 1643 reached the conclusion that the equilibrium depended on such a large number of specific circumstances that only God was able to know it ("Pretium iustum mathematicum licet soli Deo notum").9 Another Jesuit, Juan de Salas, referring to the possibilities of knowing specific market information, reached the very Hayekian conclusion that it was so complex that "quas exacte comprehendere et ponderare Dei est non hominum" (only God, not men, can understand it exactly).10
9. Juan de Lugo (1583 1660), Disputationes de iustitia et iure (Lyon, 1642), vol. 2, d. 26, s. 4, n. 40, p. 312.
10. Juan de Salas, Commentarii in secundam secundae D. Thomae de contractibus (Lyon, 1617), vol. 4, no. 6, p. 9.
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$\begingroup$ Your answer is out of sync with your question :( You ask about controlling economies, but then talk about whether an equilibrium is calculable; you write the context may have been against Keynesian economics and Newtonian determinism, but then cite a source that predates both of these. $\endgroup$– GiskardCommented Nov 27, 2023 at 12:09
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$\begingroup$ @Giskard What came to be called Newtonian determinism predates Newton. $\endgroup$– GeremiaCommented Nov 28, 2023 at 0:04
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$\begingroup$ Interesting! What about the other stuff though? $\endgroup$– GiskardCommented Nov 28, 2023 at 0:05