Early Economic Thought
The earliest discussions of economics date back to ancient times (e.g. Chanakya's Arthashastra or Xenophon's Oeconomicus). Back then, and until the industrial revolution, economics was not a separate discipline but part of philosophy. In Ancient Athens, a slave based society but also one developing an embryonic model of democracy, Plato's book The Republic contained references to specialization of labour and production. But it was his pupil Aristotle that made some of the most familiar arguments, still in economic discourse today.
Read more about this topic: History Of Economic Thought
Famous quotes containing the words early, economic and/or thought:
“When lilacs last in the dooryard bloomed
And the great star early drooped in the western sky in the night,
I mourned, and yet shall mourn with ever-returning spring.
Ever-returning spring, trinity sure to me you bring,
Lilac blooming perennial and drooping star in the west,
And thought of him I love.”
—Walt Whitman (18191892)
“If in the earlier part of the century, middle-class children suffered from overattentive mothers, from being mothers only accomplishment, todays children may suffer from an underestimation of their needs. Our idea of what a child needs in each case reflects what parents need. The childs needs are thus a cultural football in an economic and marital game.”
—Arlie Hochschild (20th century)
“Repeat thy song, till the familiar lines
Are footpaths for the thought of Italy!
Thy flame is blown abroad from all the heights,
Through all the nations, and a sound is heard,
As of a mighty wind, and men devout,
Strangers of Rome, and the new proselytes,
In their own language hear thy wondrous word,
And many are amazed and many doubt.”
—Henry Wadsworth Longfellow (18091882)