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:
“The biggest difference between ancient Rome and the USA is that in Rome the common man was treated like a dog. In America he sets the tone. This is the first country where the common man could stand erect.”
—I.F. (Isidor Feinstein)
“If in the earlier part of the century, middle-class children suffered from overattentive mothers, from being “mother’s only accomplishment,” today’s children may suffer from an underestimation of their needs. Our idea of what a child needs in each case reflects what parents need. The child’s needs are thus a cultural football in an economic and marital game.”
—Arlie Hochschild (20th century)
“In the long course of history, having people who understand your thought is much greater security than another submarine.”
—J. William Fulbright (b. 1905)