Aristotle’s Principles for Modern Economic Science
Aristotle’s Principles for Modern Economic Science
Author(s): Ricardo F. CrespoSubject(s): History of Philosophy, Philosophical Traditions
Published by: International Étienne Gilson Society
Keywords: Aristotle; economics; chrematistics; economic science; wealth; moral science; good life; common good;
Summary/Abstract: This paper is an attempt to illuminate today’s economic science with the light of Aristotle’s philosophy of economics. The author first describes Aristotle’s thoughts about the economy. Then, he distinguishes and discusses three Aristotelian principles: (a) economics should be a classical practical or moral science, (b) economics should not look for an unlimited wealth, but for the wealth necessary for the good life, and (c) economics should be aimed at the common good.
Journal: Studia Gilsoniana
- Issue Year: 8/2019
- Issue No: 4
- Page Range: 819-837
- Page Count: 19
- Language: English