by Summary:
Aristotle, in his book on Politics, distinguished between two kinds of activities. Chrematistike (χρηματιστική) – sheer money-making – was considered morally inferior to Oikonomia (οἰκονομία) – the concern for morally adequate individual and public household management. In fact Aristotle cautioned against separating financial activities from public (political) oversight, as this Chrematistic logic leads to maximization strategies resulting in excesses. By contrast, the desirable Oikonomic processes promote overall well-being in social, ecological, financial and even inter-generational dimensions.... Developing EconomicsOikonomia is Back, for Now Jacob Assa, economist at United Nations Development Programme
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Aristotle, in his book on Politics, distinguished between two kinds of activities. Chrematistike (χρηματιστική) – sheer money-making – was considered morally inferior to Oikonomia (οἰκονομία) – the concern for morally adequate individual and public household management. In fact Aristotle cautioned against separating financial activities from public (political) oversight, as this Chrematistic logic leads to maximization strategies resulting in excesses. By contrast, the desirable Oikonomic processes promote overall well-being in social, ecological, financial and even inter-generational dimensions.... Developing EconomicsOikonomia is Back, for Now Jacob Assa, economist at United Nations Development Programme
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
Aristotle, in his book on Politics, distinguished between two kinds of activities. Chrematistike (χρηματιστική) – sheer money-making – was considered morally inferior to Oikonomia (οἰκονομία) – the concern for morally adequate individual and public household management. In fact Aristotle cautioned against separating financial activities from public (political) oversight, as this Chrematistic logic leads to maximization strategies resulting in excesses. By contrast, the desirable Oikonomic processes promote overall well-being in social, ecological, financial and even inter-generational dimensions....Developing Economics
Oikonomia is Back, for Now
Jacob Assa, economist at United Nations Development Programme