Aristotle’s Principles for Modern Economic Science

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...

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Bibliographic Details
Published in:Studia Gilsoniana
Main Author: Ricardo F. Crespo
Format: Article
Language:English
Published: International Étienne Gilson Society 2019-12-01
Subjects:
Online Access:http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.desklight-a6970a74-9a1a-4104-ae33-a175110fcb88?q=bwmeta1.element.cejsh-d0411c3a-1a18-405e-a235-6d0464a6f99d;2&qt=CHILDREN-STATELESS
Description
Summary: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.
ISSN:2300-0066
2577-0314