A Re-Assessment of Aristotle’s Economic Thought
To Be Published October 16th 2013 by Routledge – 160 pages
In the past few years, the world has seen several financial and economic crises. Psychological, ethical and philosophical levels of causal analysis have been discussed, and in this context, an interest in classical thinkers has emerged.
The work of Aristotle has influenced writers from Marx and Menger to Amartya Sen. This book introduces us to Aristotle’s thought on "the economic" and on its influences on economists. First, it focuses on Aristotle´s ideas, situating Aristotle in his historical context, describing his positions on the economic and analyzing what kind of reality the economic is, its relation with ethics and with politics. Then, it determines what kind of science is concerned with the economic. Later, it analyzes related topics and shows the influence of Aristotle’s ideas on contemporary economists. It concludes by highlighting the Aristotelian contributions to today’s economy.
This scholarly volume offers important new insights into the Aristotelian approach to the economy itself, as well as to the idea of economics as a science, bringing Aristotle’s views to bear on the modern economy.
1. Introduction: Economics as a Moral Science Part I 2. 'The Economic' and Chrematistics 3. An Ontological Analysis of Aristotle's Oikonomikê and Chrematistics 4. Aristotle's Science of Economics 5. 'The Economic' and Ethics 6. 'The Economic' and Politics Part II 7. Eudaimonia and the Economics of Happiness 8. Capabilities, Incommensurability, and Practical Comparabitity 9. Aristotle on Causation and Explanation, and Current Social and Economic Science 10. Conclusion
Ricardo Crespo is Professor of Philosophy of Economics at IAE Business School Universidad Austral, Argentina. He has earned a Ph.D. in Philosophy and another in Economics, and has extensively written about Aristotle’s economic thought.