Jump to ContentJump to Main Navigation
Reckoning with MarketsThe Role of Moral Reflection in Economics$
Users without a subscription are not able to see the full content.

James Halteman and Edd S. Noell

Print publication date: 2012

Print ISBN-13: 9780199763702

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199763702.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 07 March 2021

Moral Reflection in the Ancient Mediterranean World

Moral Reflection in the Ancient Mediterranean World

(p.15) Chapter 2 Moral Reflection in the Ancient Mediterranean World
Reckoning with Markets

James Halteman

Edd Noell

Oxford University Press

After considering why modern economists pay little attention to ancient thinkers, the chapter explores the views of Aristotle with particular attention to his views on the moral life. Aristotle’s view of happiness focuses on what is really good for people rather than what is desired at any given time. Morality for Aristotle was not religious. His views on social organization, exchange and pricing, money and interest, and all other economic matters focused on justice and true happiness. Hesiod’s portrayal of the common person is then contrasted with Aristotle’s idealized vision. The chapter also describes the contribution of the Hebrews and some of the biblical teaching on economic relationships as well as the Stoic philosophy that caught the attention of Adam Smith many centuries later. The vignette at the end of the chapter is titled “Aristotle and the Purpose of Life.”

Keywords:   aristotle, happiness, hesiod, biblical literature, stoics

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .