|Educational Research (ISSN:2141-5161) Vol. 2(13), pp. 1831-1838, December Special Issue 2011
Copyright © 2011 International Research Journals
Aristotle’s Economic Thought
Dr. Dimitrios Nikolaou Koumparoulis
UGSM – Monarch Business School, Switzerland Department of Economics
Received 14 November, 2011; Accepted 12 December, 2011
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 endeavored 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.
Keywords: Aristotle, political economy, economic analysis.
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