Educational Research

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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