Xenophon, Economics ("Agamemnon", "Hom. Xenophon was born in Athens around 430 B.C. Xenophon, (born c. 430 bce, Attica, Greece—died shortly before 350, Attica), Greek historian and philosopher whose numerous surviving works are valuable for their depiction of late Classical Greece.His Anabasis (“Upcountry March”) in particular was highly regarded in antiquity and had a strong influence on Latin literature.. Life. Aristotle taught that economics is concerned with both the household and the polis and that economics deals with the use of things required for the good (or virtuous) life. Xenophon’s collected works include several shorter dialogues and essays in which he (like his Socrates) provides useful and practically applicable advice on topics like choosing and training a war-horse (On Horsemanship), being a cavalry commander (The Cavalry Commander), hunting (On Hunting), taxation (Ways and Means), and home economics (Oeconomicus). Political economy thinking started as an extension of home economics on a larger scale. Today, there is either bad information on sex roles (most of society) or good guesses (the Manosphere). One of his known contributions, his detailed discussion of the concept of the division of labor, is diminished by the conventional, but puzzling, attribution of its discovery to Adam Smith. Socratic Economics and the Psychology of Money. 47, pp. Xenophon’s Conception of Friendship in Memorabilia 2.6 (with Reference to Plato’s Lysis) Socrates’ Attitude towards Politics in Xenophon and Plato. The Economics Book: From Xenophon to Cryptocurrency, 250 Milestones in the History of Economics Steven G. Medema. Economic Ideas: Plato, Aristotle, and the Ancient Greeks. Xenophon was an ancient Greek historian and philosopher. We will keep in mind how the Socratics are treated by those who have presented a grand narrative of economics and ethics: Amartya Sen and various others (Sen 1987). especially Revenues) narrows its focus in the Oeconomicus to the domestic economy: to the division of labour between the sexes and to the enhancement of the value of private property (46). division of labor and productivity, the efficiency of production, the . Xenophon's economic writings were scattered throughout such works as an account of the education of a Persian price, a treatise on how to increase government revenue, and a book on ‘economics’ in the sense of thoughts on the technology of household and farm management. He fought with the Spartans and was exiled from Athens before settling in Corinth. THE ECONOMIST By Xenophon Translation by H. G. Dakyns Xenophon the Athenian was born 431 B.C. He died in 354 B.C. Xenophon's philosophical works have long lived under the shadow of those of his brilliant and contemporary fellow student of Socrates, Plato. He was a pupil of Socrates. Answer. Language: english. Plato’s Statesman and Xenophon’s Cyrus. The economics of Aristotle, money and prices and some lessons for today. Ibn Khaldun. Xenophon's Economics verses instead about the management of agricultural endeavours focusing on the manner in which a good citizen ensures his own subsistence, along with a surplus for the state. About Frontier Economics Frontier Economics (Frontier) is an economics consultancy specialising in applied microeconomic analysis, including industry regulation, institutional restructuring, private sector participation, competition policy, litigation support and environmental issues. Louis Christofides () Scottish Journal of Political Economy, 1992, vol. He lived during the 4th century B.C. Xenophon`s contributions to Economics include ideas related to the . Top Answer. Stoic thought presents a coherent notion of natural law. 2012-07-02 09:40:16 2012-07-02 09:40:16. xenophane contribute nothing in Economics. The author's style is very direct and the ideas are well presented for the student. 9.1", "denarius") All Search Options [view abbreviations] Home Collections/Texts Perseus Catalog Research Grants Open Source About Help. Xenophon, using Socrates's speeches, emphasizes the moral virtues of citizens and their freedom. Xenophon [434-355 BC], Plato [427-347 BC], and Aristotle [384-322 BC]) and the ways in which its members contribute to the linkage between ethics and economics. History. Xenophon’s personal history was exceptional for its combination of Socratic education and the exercise of military leadership in a time of crisis. Discussion of economic principles are especially present in his Oeconomicus, his biography of Cyrus the Great, Cyropaedia, Hiero, and Ways and Means. Hesiod, Democritus, Xenophon, and Aristotle provided significant insights into economic theory through praxeological deduction. Lao Tzu, Chuang Tzu, Pao Chingyen, and Ssu-ma Chíien, Taoists in Ancient China, provide insight into the spontaneous order of the market and the effects of government intervention. In that foundational work of Western economic thought, Socrates is portrayed attempting to expound the science and art of management to an eager student. From Friendship to Politics. REPORT FOR THE COALITION AND SENATOR XENOPHON August 2009 . The subjectivist viewpoint, around which all modern economic science revolves, can be found, for example, in the definition of wealth that Xenophon offers in his Oeconomicus, when he defines property as "those things which the possessor should find advantageous for the purposes of his life." The Ancient Greeks loved to use metaphors of people’s real lives and extrapolate it to the state, government society, think of Plato’s philosopher-king. It is one of the more practical-minded ancient philosophy works. As a pragmatic or practical science, economics is aimed at the good and is fundamentally moral. 0 1 2. He was a contemporary of the great philosopher Socrates whom he greatly admired. He is credited to have preserved Socratic dialogues and accounts of his life as Socrates himself never preserved anything. Human translations with examples: about economics, what did herodotus, poetry to economics. The ancient Greeks left a wealth of knowledge through their surviving writings on a wide variety of themes, including science, logic, philosophy, literature, and the arts. Xenophon was the author of the “Oeconomicus,” a Socratic dialogue that focuses on household management. One of the richest primary sources for the social, economic, and intellectual history of classical Athens, it has been largely neglected despite the current widespread interest in the subjects discussed. First Published: 2017-01-15. by Richard Ebeling. 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