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Aristotle’s Economic Thought

Author

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  • Dimitrios Nikolaou KOUMPAROULIS

    () (UGSM – Monarch Business School, Switzerland, Department of Economics)

Abstract

Aristotle (384-322 B.C.), the most important thinker who has ever lived, advanced a body of thought with respect to the development of the components of a market economy. He analyzed the economic processes surrounding him and endeavoured to delineate the place of economy within a society that included commercial buying and selling. It follows that Aristotle's economic writings continue to attract the interest of contemporary thinkers. His economic thought (especially his value theory) is insightful but occasionally contradictory and inconsistent.

Suggested Citation

  • Dimitrios Nikolaou KOUMPAROULIS, 2011. "Aristotle’s Economic Thought," EuroEconomica, Danubius University of Galati, issue 30, pages 161-172, November.
  • Handle: RePEc:dug:journl:y:2011:i:30:p:161-172
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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1105/903
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    Keywords

    Aristotle; political economy; economic analysis;

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