Aristotle on the economy

From seemingly outdated passages of Aristotle on oikonomikè, this paper tries to select and separate what is old-fashioned from what is valid for today. From these latter elements –which may be abridged in the intrinsic ethical and political character of economics– we can extract useful lessons. The...

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Autor principal: Crespo, Ricardo
Formato: article Artículo publishedVersion
Lenguaje:Inglés
Publicado: Universidad Nacional de Cuyo. Facultad de Filosofía y Letras. Instituto de Filosofía. 2010
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Acceso en línea:http://bdigital.uncu.edu.ar/4601
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id I11-R84601
record_format dspace
institution Universidad Nacional de Cuyo
institution_str I-11
repository_str R-8
collection Biblioteca Digital
language Inglés
orig_language_str_mv eng
topic Aristóteles
Filosofía
Filósofos griegos
Economía
Historia y crítica
Economy
Aristotle
Practical science
Filosofía clásica
Ciencia práctica
spellingShingle Aristóteles
Filosofía
Filósofos griegos
Economía
Historia y crítica
Economy
Aristotle
Practical science
Filosofía clásica
Ciencia práctica
Crespo, Ricardo
Aristotle on the economy
topic_facet Aristóteles
Filosofía
Filósofos griegos
Economía
Historia y crítica
Economy
Aristotle
Practical science
Filosofía clásica
Ciencia práctica
description From seemingly outdated passages of Aristotle on oikonomikè, this paper tries to select and separate what is old-fashioned from what is valid for today. From these latter elements –which may be abridged in the intrinsic ethical and political character of economics– we can extract useful lessons. These lessons refer to the impact of Ethics and Politics on Economics. They stress the relevance of personal virtues and institutions for a suitable functioning of the economy. From an epistemological point of view, these lessons highlight the inexact character of Economics and the necessity of firm reliance on data. Current economics does not deal with ends, but only with means. The Aristotelian perspective would specially deal with ends. This concern with ends leads to prudential, not technical analysis and decisions. This calls for broadening the scope of Economics and consequently should provoke changes in its instruction. The paper concludes that a closer attention to Aristotle’s thought would have a high impact on current economy and Economics.
format article
Artículo
Artículo
publishedVersion
author Crespo, Ricardo
author_facet Crespo, Ricardo
author_sort Crespo, Ricardo
title Aristotle on the economy
title_short Aristotle on the economy
title_full Aristotle on the economy
title_fullStr Aristotle on the economy
title_full_unstemmed Aristotle on the economy
title_sort aristotle on the economy
publisher Universidad Nacional de Cuyo. Facultad de Filosofía y Letras. Instituto de Filosofía.
publishDate 2010
url http://bdigital.uncu.edu.ar/4601
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