A History of Greek Economic Thought |
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¹ Cf acquisition Adam Smith agriculture Antisthenes Aristotle Aristotle's artisans arts Athens attitude basal capital chap citations cited citizens classes Clav commerce common criticism Cynics definition demand Diog discussion distribution division of labor doctrine Econ economic ideas economists emphasizes equality Eryxias especially Espinas ethical evil excessive wealth exchange extreme fact false finance Francotte Greece Greek economic thought Greek thinkers Guiraud Haney Hesiod Ibid ideal importance individual industry infra interest Isocrates Kautz land Laws limited means merely modern socialism modern socialistic money-making moral natural nomic notes opposed passage philosophers physiocrats Plato Plato and Aristotle Poehlmann prejudice principle private property problem production recognized Republic retail trade Ruskin slavery slaves Socratics Sophists Souchon spirit standpoint Stoics Thucydides true Unto This Last Xenophon XVII XXVII Zeller γὰρ δὲ εἶναι ΙΟ καὶ μὲν τὴν τὸ τοῦ τῶν
Popular passages
Page 92 - Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.
Page 91 - From the individual's standpoint, wealth used as capital means ' that part of a man's stock which he expects to afford him revenue
Page 26 - I then said, that the Fraction of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity. Make thy claim of wages a zero, then; thou hast the world under thy feet. Well did the Wisest of our time write: 'It is only with Renunciation (Entsagen) that Life, properly speaking, can be said to begin.
Page 105 - In Athens the circulation of capital was • inconsiderable, and money was not lent for productive purposes as often as for the purpose of relieving distress. If to-day loans were chiefly made to embarrassed friends or neighbors to be used in alleviating distress in matters of consumption, we too would • undoubtedly regard interest in a different light.
Page 11 - Love, generosity, nobility of character, self-sacrifice, and all that is best and truest in our nature have their place in economic life.
Page 9 - Economy, no more means saving money than it means spending money. It means, the administration of a house; its stewardship; spending or saving that is, whether money or time, or anything else, to the best possible advantage.
Page 11 - If one could conceive of Plato making a definition of economics, one might imagine it would run somewhat as follows : "Economics is the science which deals with the satisfaction of human wants through exchange, seeking so to regulate the industries of the state as to make its citizens good and happy and so promote the highest well-being of the whole.
Page 37 - Rep. 395A-B; 374E, 3958; eis ffщкр(гreрa кaтaкeрiшт^вси. *Apol. 21C-22E; cf. Rep. 49sD-E, though it applies rather to the evil effects of the banausic life. Cf. Bonar, op. cit., p. 16. Ruskin (Stones of Venice, VI, 16 [Vol. X, 196]), says: It is "not the labor that is divided but the men — divided into segments of men.
Page 11 - ... sensible men, whereas not long since doctrines and measures were attributed to them, which would lead one to suppose it necessary to go back only two hundred years to discover man with a caudal appendage. The advanced economists have, too, infused a new spirit and purpose into our science. They have placed man as man, and not wealth, in the foreground, and subordinated everything to his true welfare.
Page 132 - The desire for money is the very source and center (jUTjrpoiroX«') of all ills.7 Virtue cannot dwell either in a wealthy state or in a wealthy house.8 Poverty better accords with it, and is no real cause of suffering.9 Truly noble men despise wealth and are above being troubled by poverty and other so-called ills.10 1 Diog. L. vi. 2, Kai ÍтÍ ó irivos ауaвbv ffvviinrise S1a тоv цeyá\ov 'Hpaк\fovs кai тOU кipov.