Church Fathers and other authorities. In the early 13th Century, a syndicate of priests and scholars collaborated and sketched a rough draft of a raw market economy. These scholars and priests fostered Christianity and addressed the philosophical issues of an early economic thought. Christianity being the fundamental faith that shaped moral attitudes of these groups was primarily transitioned from the patristic Christology. Leinsle (2010) confirms the permeation of the patristic Christology into the Scholastic theology by arguing that medieval theology didn’t develop itself through philosophical contact. It adopted patristic culture and matured its way through the medieval age. The early set of rules for trade were first introduced by the Christian Theologians. Theologians had spiritual beliefs with morals driven by religion. Novikoff (2012) in his narrative describes the belief system of the Scholastics. He elaborates that scholastics adopted their moral and ethical behaviors from the early theologians. Early theologians, mainly Christians accepted certain set of rules from Christian Bible as their model of outlook. Spiegel (1991) highlights that scholastics economic thought had its principle sources in the Bible. He further emphasizes on the teachings and writings of the Father of the Church which designed the groundwork for exercising economic and moral thoughts. Later, in the ages, the scholastics used the writings of Aristotle to shape their philosophical perspective. Greek Philosophy was deemed foundation for early moral principles which the scholastics exercised. Preaching of such principles was mainly transitioned from Italian to European localities. Greek philosophy became the initiating stance of high scholasticism. High Scholasticism The 13th and early 14th centuries are generally seen as the high period of scholasticism. The early 13th century witnessed the culmination of the recovery of Greek philosophy. Schools of translation grew up in Italy and Sicily, and eventually in the rest of Europe. Powerful Norman kings gathered men of knowledge from Italy and other areas into their courts as a sign of their prestige. William of Moerbeke's translations and editions of Greek philosophical texts in the middle half of the thirteenth century helped form a clearer picture of Greek philosophy, particularly of Aristotle, than was given by the Arabic versions on which they had previously relied. Edward Grant writes "Not only was the structure of the Arabic language radically different from that of Latin, but some Arabic versions had been derived from earlier Syriac translations and were thus twice removed from the original Greek text.