In the history of economic thought, ancient economic thought refers to the ideas from people before the Middle Ages.
Economics in the classical age is defined in the modern analysis as a factor of ethics and politics, only becoming an object of study as a separate discipline during the 18th century.
Read more about Ancient Economic Thought: Ancient Near East, Ancient Greco-Roman World, Ancient India, Medieval Islamic World
Famous quotes containing the words ancient, economic and/or thought:
“When man has neither the strength to subdue his underworld powers—which are really the ancient powers of his old, superseded self; nor the wit to placate them with sacrifice and the burnt holocaust; then they come back at him, and destroy him again. Hence every new conquest of life means a “harrowing of Hell.””
—D.H. (David Herbert)
“A society in which everyone works is not necessarily a free society and may indeed be a slave society; on the other hand, a society in which there is widespread economic insecurity can turn freedom into a barren and vapid right for the millions of people.”
—Eleanor Roosevelt (1884–1962)
“I’m glad to find that you dislike Venice because I thought it detestable when we were there, both times—once it might be due to insanity but not twice, so I thought it must be my fault. I suppose the obscurer reaches might be beautiful.”
—Virginia Woolf (1882–1941)