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Karl Polanyi
:
Aristotle Discovers
the Economy
•
Karl Polanyi
:
Aristotle Discovers the Economy <
https://
delong.typepad.com/polanyi-aristotle.pdf
>
•
A whole bunch of this article is simply wrong:
•
T
he claims that "in the fourth century... Greeks initiated the
gainful business practices that in much later days developed
into the dynamo of market comnpetition" are false.
•
This means that Polanyi is wrong when he says that Aristotle
is examining a new phenomenon when he looks at the
economy.
•
Aristotle is examining an old phenomenon from the point of
view of an Athenian aristocrat.
•
But there is much of value in Polanyi's exposition of what
Aristotle says...
http://bradford-delong.com
brad.delong@gmail.com
