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Democritus and his Influence on Classical Political Economy

Author

Listed:
  • Michaelides, Panayotis G.
  • Kardasi, Ourania
  • Milios, John G.

Abstract

Most essays on the economic ideas of the ancient Greeks are concerned with the Socratic philosophers and very few references to the economic ideas of Democritus can be found. The present paper demonstrates that the ancient Greek philosopher Democritus expressed many interesting psychological and economic ideas, some of which can also be found in the works of the Socratic philosophers that followed. In this manner, the paper concludes that the Aderian philosopher, despite the fact that he did not engage himself primarily with economic issues, as his economic ideas were mainly developed as part of his psychological and philosophical teaching, is nevertheless a fine example of how ancient Greek thought contributed to the formation of the epistemological presuppositions of Political Economy, making Man the Subject of History and of all Social Process.

Suggested Citation

  • Michaelides, Panayotis G. & Kardasi, Ourania & Milios, John G., 2005. "Democritus and his Influence on Classical Political Economy," MPRA Paper 74454, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:74454
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    References listed on IDEAS

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    1. Vernard Foley, 1975. "Smith and the Greeks: A Reply to Professor McNulty's comments," History of Political Economy, Duke University Press, vol. 7(3), pages 379-389, Fall.
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    3. K. J. Arrow, 1971. "The Economic Implications of Learning by Doing," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 11, pages 131-149, Palgrave Macmillan.
    4. S. Todd Lowry, 1981. "The Roots of Hedonism: an Ancient Analysis of Quantity and Time," History of Political Economy, Duke University Press, vol. 13(4), pages 812-823, Winter.
    5. Lowry, S Todd, 1979. "Recent Literature on Ancient Greek Economic Thought," Journal of Economic Literature, American Economic Association, vol. 17(1), pages 65-86, March.
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    More about this item

    Keywords

    Democritus; philosophy; ethics; psychology; economics;
    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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