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Economic Thought In Ancient Greece: Aristotle

Author

Listed:
  • Djuro Benic

    (University of Dubrovnik)

Abstract

Aristotle's contribution to the development of economic thought is analysed in the paper. The paper studies his thoughts and attitudes on the state, slavery, private property, values, exchange, trade, money, and interest. As an analytical thinker, inhibited by the historical context and slavery, his greatest achievements were attained in the field of value and money. His distinction between use value and exchange value, as well as the function of money are valid still today.

Suggested Citation

  • Djuro Benic, 2016. "Economic Thought In Ancient Greece: Aristotle," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 25(2), pages 337-354, december.
    • Handle: RePEc:avo:emipdu:v:25:y:2016:i:2:p:337-354
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    More about this item

    Keywords

    Aristotle; economic thought; use value; exchange value; money;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)

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