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Oikonomia Redefined

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  • LESHEM, DOTAN

Abstract

The paper argues that oikonomia was defined by the ancient Greek philosophers as a sphere in which man, when faced with excessive means, acquires a theoretical and practical prudent disposition in order to comply with his needs and so as to generate a man-made surplus that is to be found outside economy’s boundaries. In order to extricate this meaning, I focus on how the following categories are presented in ancient texts dedicated to the study of the oikonomia in its meaning of household management: i) oikonomia’s form of knowledge; ii) the essence of wealth and its end; and iii) the origin of the excess that appears in the economic sphere.

Suggested Citation

  • Leshem, Dotan, 2013. "Oikonomia Redefined," Journal of the History of Economic Thought, Cambridge University Press, vol. 35(1), pages 43-61, March.
    • Handle: RePEc:cup:jhisec:v:35:y:2013:i:01:p:43-61_00
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