This study examines the implications of practical reason for entrepreneurial activities. Our study is based on Thomas Aquinas’ interpretation of such virtue, with a particular focus on the partition of practical reason in potential parts such as synesis, or common sense, and gnome, or perspicacity. Since entrepreneurial acts and actions deal with extremely uncertain situations, we argue that only this perspicacity, as the ability of correctly judging in exceptional cases, has the power to find wisdom under such blurred conditions. Perspicacity (...) frees entrepreneurs from their cognitive schemata rendering them able to be truly entrepreneurial. Based on this vision and thanks to a semantic analysis of the meaning of the Greek word gnome, we construct an interpretative model for entrepreneurial judgment composed of three dimensions, specifically, knowledge-cognitive, external-affective and personal-reflective. The model highlights how a ‘successful’ entrepreneurial judgment is also such from a holistic point of view. (shrink)

Aristotle’s treatment of brutishness in the Nicomachean Ethics is very brief: a couple of paragraphs in the first chapter of Book VII, and most of Chapter 5 of the same book, together with some glancing references in Chapter 6. Commentators standardly give these passages short shrift indeed, if they do not ignore them altogether. In antiquity Aspasius commented on the Ethics, but, by great ill luck, his commentary on the first half of Book 7 is lost. A twelfth- or thirteenth-century (...) commentary known as “Anonymous” exists, but, in the words of Friedrich Schleiermacher, it “exceeds everything in poverty.” Aquinas comments helpfully on some items in the passage, but its doctrine does not find its way into his own moral theory, and indeed in his language the Latin word bestialitas, which standardly renders the Greek thêriotês, is taken over to denote sexual relations between members of different species. Dante makes a brief though striking reference to Aristotle’s discussion, but he gets it wrong. In the nineteenth and twentieth centuries the translators furnish occasional notes of interest; the line-by-line commentators go through the passage with small points of explanation but the overall theory does not seem to capture their attention; the more thematic commentators largely ignore it; and, to my knowledge, no article or monograph exists upon it. The beguiling issues of the Ethics, it appears, lie elsewhere: the function argument and the nature of happiness, the nature of virtue, the voluntary and involuntary, the distinction between vice and weakness, the place of contemplation in the happy life. On these subjects the literature is numbingly massive. (shrink)

. In Aristotle's account, corrective and distributive justice are not particular substantive ideals, but are rather the formal patterns that inhere in interactions and in the legal arrangements that regulate them. Corrective and distributive justice are the structures of ordering internal to transactions and distributions, respectively. The Aristotelian. forms of justice thus constitute the rationality immanent to the relation ships of mutually external beings. This article stresses Aristotle's formalism, contrasting it to modem instrumental conceptions of legal rationality, and defending it (...) against Kelsen's allegations of emptiness. The article concludes with the suggestion that corrective justice, as the conceptual pattern that makes private law what it is, can be considered the formal and final cause of private law. (shrink)

Scholastic philosophy is often associated with dialectical reasoning and the consideration of universal theses, in contrast to the variable and practical questions considered by disciplines such as politics and rhetoric. However, while the primacy of dialectical inquiry in Scholastic thought is difficult to deny, the movement also produced advances in rhetorical theory as well. Specifically, I argue that the works of Thomas Aquinas present a view of rhetorical reasoning and deliberation aligned closely with the virtue of prudence and dependent on (...) sensory experience ordered within the memory. Building from an understanding of rhetoric as an intellectual operation dedicated to the consideration of questions about... (shrink)