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Author: Scott Meikle Publisher: ISBN: 9781383005660 Category : Economics Languages : en Pages : 0
Book Description
This study argues that although Aristotle developed a coherent theory of value, wealth, exchange and money, the metaphysical foundations of his theory make it impossible to assimilate to neo-Classical economics or any other kind of economic thought.
Author: Scott Meikle Publisher: ISBN: 9781383005660 Category : Economics Languages : en Pages : 0
Book Description
This study argues that although Aristotle developed a coherent theory of value, wealth, exchange and money, the metaphysical foundations of his theory make it impossible to assimilate to neo-Classical economics or any other kind of economic thought.
Author: Ricardo F. Crespo Publisher: Routledge ISBN: 1134674821 Category : Business & Economics Languages : en Pages : 168
Book Description
The world has seen several financial and economic crises in the past few years. Psychological, ethical and philosophical levels of causal analysis have been discussed, and in this context, an interest in classical thinkers has emerged. The work of Aristotle has influenced writers from Marx and Menger to Amartya Sen. This book introduces us to Aristotle’s thought on 'the economic' and on its influences on economists. First, it focuses on Aristotle ́s ideas, situating Aristotle in his historical context, describing his positions on the economic and analysing what kind of reality the economic is, its relation with ethics and with politics. Then, it determines what kind of science is concerned with the economic. Later, it analyses related topics and shows the influence of Aristotle’s ideas on contemporary economists. It concludes by highlighting the Aristotelian contributions to today’s economy. This scholarly volume offers important new insights into the Aristotelian approach to the economy itself, as well as to the idea of economics as a science, bringing Aristotle’s views to bear on the modern economy.
Author: Robert L. Gallagher Publisher: Routledge ISBN: 1317241673 Category : Business & Economics Languages : en Pages : 377
Book Description
This book presents a positive account of Aristotle’s theory of political economy, arguing that it contains elements that may help us better understand and resolve contemporary social and economic problems. The book considers how Aristotle’s work has been utilized by scholars including Marx, Polanyi, Rawls, Nussbaum and Sen to develop solutions to the problem of injustice. It then goes on to present a new Social Welfare Function (SWF) as an application of Aristotle’s theory. In exploring how Aristotle’s theories can be applied to contemporary social welfare analysis, the book offers a study that will be of relevance to scholars of the history of economic thought, political theory and the philosophy of economics.
Author: Scott Meikle Publisher: Oxford University Press, USA ISBN: Category : Business & Economics Languages : en Pages : 232
Book Description
Aristotle's work on money was the backbone of medieval thinking about commerce, and it is still the foundation of Catholic teaching about market behaviour. Marx's theory of economic value was based on it, and so was much of the economic analysis of money into the present century. In the past hundred years the interpretation of Aristotle's work on money has become chaotic. Economists claim Aristotle as the father of economics, while classical scholars hold that Aristotle had no economic theory at all. It is argued here that Aristotle does develop a coherent theory of economic value, wealth, exchange, and money, but that this theory cannot be assimilated to what we call 'economics', because its metaphysical foundation is incompatible with the Humean metaphysics on which economics is built. From an Aristotelian standpoint, ethics and economics are competitors over the same ground, as rival sources of reasons for decision-making in the public realm, and they cannot be reconciled.
Author: Arthur Eli Monroe Publisher: Courier Corporation ISBN: 0486447936 Category : Business & Economics Languages : en Pages : 418
Book Description
A survey of economic theory in the pre-modern era, this collection includes extracts from the works of Aristotle, Thomas Aquinas, Antonio Serra, and David Hume. Their writings in this volume illustrate the ways in which great thinkers of the past sought to argue for and explain the moral, ethical, monetary, and political dimensions of trade and exchange.
Author: Spencer J. Pack Publisher: Edward Elgar Publishing ISBN: 1849805474 Category : Philosophy Languages : en Pages : 277
Book Description
. . . a very valuable introduction to Aristotle s economics. History of Economic Ideas Spencer Pack is completely at home with the difficult works of Aristotle, Adam Smith and Karl Marx. To walk with him through their writings is to discover that they are surprisingly helpful in understanding the modern world of computers, credit crunches, religious differences, international conflicts, and unemployment due to oversaving in China and undersaving in America. One is left after reading them with growing admiration for the giants of past intellectual history. This is only one lesson that Pack teaches in this illuminating book. Mark Blaug, University of London and University of Buckingham, UK This is an unusually ambitious and unpretentious work. And it is successful. Pack effectively compares the ideas of each of the three great men without forcing those of one upon the others. The topics are exchange value, money, capital, character, government, and change, which the author considers to be the fundamental issues in 21st century political economy. Pack is especially successful in utilizing a wide spectrum of secondary (including contemporary) sources to enrich the analysis of the expected primary sources. Student readers will be exposed to the opportunities and problems of variation in interpretation. The author has studiously avoided insinuating and privileging his own views and naively repeating well-worn and misleading, if not also erroneous, ideology-laden positions. Warren J. Samuels, Michigan State University, US Spencer Pack has written a most illuminating and insightful book. Beginning from Aristotelian foundations, Pack focuses our attention on an essential economic and moral issue: the difference between value in use and value in exchange. From this vantage point, he evaluates the arguments of Smith and Marx, demonstrating how their theories, both drawing on Aristotle, unfold into a general analysis of capitalism. His account forces us to think deeply about the nature of capitalist society. I recommend it highly. John F. Henry, University of Missouri-Kansas City, US Spencer Pack compares and contrasts Aristotle s, Smith s and Marx s theoretical systems on six fundamental issues: exchange value, money, capital, character, government, and change. This book also provides insights on issues concerning the continuing development of world money, saving, managerial capitalism, corrupt governments, and various secular and religious movements for social change.
Author: Luigino Bruni Publisher: Edward Elgar Publishing ISBN: 1788978765 Category : Business & Economics Languages : en Pages : 328
Book Description
Exploring the modern approach to the economics of happiness, which came about with the Easterlin Paradox, this book analyses and assesses the idea that as a country gets richer the happiness of its citizens remains the same. The book moves through three distinct pillars of study in the field: first analysing the historical and philosophical foundations of the debate; then the methodological and measurements issues and their political implications; and finally empirical applications and discussion about what determines a happy life.
Author: Diana Wood Publisher: Cambridge University Press ISBN: 9780521458931 Category : Business & Economics Languages : en Pages : 272
Book Description
This book is an introduction to medieval economic thought, mainly from the twelfth to the fifteenth centuries, as it emerges from the works of academic theologians and lawyers and other sources - from Italian merchants' writings to vernacular poetry, Parliamentary legislation, and manorial court rolls. It raises a number of questions based on the Aristotelian idea of the mean, the balance and harmony underlying justice, as applied by medieval thinkers to the changing economy. How could private ownership of property be reconciled with God's gift of the earth to all in common? How could charity balance resources between rich and poor? What was money? What were the just price and the just wage? How was a balance to be achieved between lender and borrower and how did the idea of usury change to reflect this? The answers emerge from a wide variety of ecclesiastical and secular sources.
Author: Ragip Ege Publisher: Routledge ISBN: 1351624482 Category : Business & Economics Languages : en Pages : 382
Book Description
The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral – that is to say, reasonable – dimension, to focus instead on the strictly rational. This volume seeks to address this neglected topic through exploring the Individual and the Other. The economic agent refers to "himself" (herself) in terms of his desire and passions, yet also refers to others besides himself. For the rational economic agent, what is the nature of this relationship with the Other? Should it not be understood as undergoing a transformation once we come to consider the economic agent as a reasonable being? Through what process does the Other pass from being an instrument at the disposal of a rational agent to being an end in itself for a moral subject? In other words, how does another become "an Other"? These questions are behind the re-examination of certain fundamental notions which takes place in this book, an examination which involves a re-reading of certain great authors. With contributions from authors around the world, this work is divided into three main parts. The first deals with individuals from the history of economic thought such as Adam Smith, Karl Marx and Hannah Arendt; this is then followed by a thematic section in which the concepts of recognition and subjectivity are questioned in a market context. Finally, the third part offers an analysis of the issue of "the Individual and the Other" in different fields of the recent economic analysis including game theory, decision theory or social choice. The Individual and the Other in Economic Thought aims to help the reader better understand how the relationship between the Individual and the Other has been conceived, conceptualized and framed in economic analysis. It will be of great use to graduate students, scholars and any reader interested in this crucial issue.
Author: Scott Meikle
Author: Scott Meikle
Author: Ricardo F. Crespo
Author: Robert L. Gallagher
Author: Scott Meikle
Author: Arthur Eli Monroe
Author: Spencer J. Pack
Author: Luigino Bruni
Author: Albert Augustus Trever
Author: Diana Wood
Author: Ragip Ege