scholarly journals Retrospectives: What Did the Ancient Greeks Mean by Oikonomia?

2016 ◽  
Vol 30 (1) ◽  
pp. 225-238 ◽  
Author(s):  
Dotan Leshem
Keyword(s):  
Economic Theory ◽  
Economic Thought ◽  
Short History ◽  
Ancient Greek ◽  
Active Participant ◽  
Economic Action ◽  
History Of ◽  
Modern Economic ◽  
City State ◽  
The City

Nearly every economist has at some point in the standard coursework been exposed to a brief explanation that the origin of the word “economy” can be traced back to the Greek word oikonomia, which in turn is composed of two words: oikos, which is usually translated as “household”; and nemein, which is best translated as “management and dispensation.” Thus, the cursory story usually goes, the term oikonomia referred to “household management” and while this was in some loose way linked to the idea of budgeting, it has little or no relevance to contemporary economics. This article introduces in more detail what the ancient Greek philosophers meant by “oikonomia.” It begins with a short history of the word. It then explores some of the key elements of oikonomia, while offering some comparisons and contrasts with modern economic thought. For example, both Ancient Greek oikonomia and contemporary economics study human behavior as a relationship between ends and means which have alternative uses. However, while both approaches hold that the rationality of any economic action is dependent on the frugal use of means, contemporary economics is largely neutral between ends, while in ancient economic theory, an action is considered economically rational only when taken towards a praiseworthy end. Moreover, the ancient philosophers had a distinct view of what constituted such an end—specifically, acting as a philosopher or as an active participant in the life of the city-state.

Topography of Athens

Classics ◽  
2011 ◽  
Author(s):  
Jeffrey M. Hurwit ◽  
Ioannis Mitsios
Keyword(s):  
Coastal Plain ◽  
Aegean Sea ◽  
Ancient Greek ◽  
Greek City ◽  
Urban Core ◽  
Ancient City ◽  
History Of ◽  
City States ◽  
City State ◽  
The City

The ancient city-state (or polis) of Athens was contiguous with the region known as Attica, a large, triangular peninsula extending southeastward from the Greek mainland into the Aegean Sea. In the western angle of Attica, on a coastal plain surrounded by four mountains (Hymettos, Pentelikon, Parnes, and Aigaleos), lay the city itself. Although the modern city has thickly spread up the slopes of the mountains as well as to the sea, the study of Athenian topography concentrates on the monuments, buildings, and spaces of the ancient urban core, an area roughly 3 square kilometers surrounding the Acropolis and defended in the Classical period by a wall some 6.5 kilometers in length. Athens is the ancient Greek city that we know best, and it is unquestionably the Greek city whose art, architecture, literature, philosophy, and political history have had the greatest impact on the Western tradition and imagination. As a result, “Athenian” is sometimes considered synonymous with “Greek.” It is not. In many respects, Athens was exceptional among Greek city-states, not typical: it was a very different place from, say, Thebes or Sparta. Still, the study of Athens, its monuments, and its culture needs no defense, and the charge of “Athenocentrism” is a hollow indictment when one stands before the Parthenon or holds a copy of Sophocles’ Antigone. This article will refer to the following periods in the history of Athens and Greece (the dates are conventional): late Bronze, or Mycenaean, Age (1550–1100 bce); Dark Age (1100–760 bce); Archaic (760–480 bce); Classical (480–323 bce); Hellenistic (323 –31 bce); and Roman (31 BCE–c. 475 ce).

The Athenian Empire

2009 ◽  
pp. 64-76 ◽  
Author(s):  
Polly Low
Keyword(s):  
Cultural Imperialism ◽  
Ancient Greek ◽  
History Of ◽  
The Many ◽  
City State ◽  
The Right ◽  
The City

This article argues that problems of terminology also plague the study of the Athenian Empire, drawing attention to the many ancient Greek words that have been translated as ‘empire’. Arriving at the right terms to describe Athenian ‘imperialism’ would go hand in hand with the larger process of understanding other features of Athens' hegemony. For example, while the financial aspects of the Athenian Empire are heavily discussed, the cultural imperialism of the city-state still needs to be analysed more fully. Further study may well show that the major importance of the empire lies in its role as the transmitter of Hellenic culture during the period of Athens' dominance and not in its place as a decisive moment in the history of imperialism.

Nikolay Sieber in the history of prerevolutionary Russian economic thought

2018 ◽  
pp. 95-110
Author(s):  
L. D. Shirokorad
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Organic Synthesis ◽  
Marginal Utility ◽  
Economic Thought ◽  
History Of ◽  
Three Stages

This article shows how representatives of various theoretical currents in economics at different times in history interpreted the efforts of Nikolay Sieber in defending and developing Marxian economic theory and assessed his legacy and role in forming the Marxist school in Russian political economy. The article defines three stages in this process: publication of Sieber’s work dedicated to the analysis of the first volume of Marx’s Das Kapital and criticism of it by Russian opponents of Marxian economic theory; assessment of Sieber’s work by the narodniks, “Legal Marxists”, Georgiy Plekhanov, and Vladimir Lenin; the decline in interest in Sieber in light of the growing tendency towards an “organic synthesis” of the theory of marginal utility and the Marxist social viewpoint.

Essays of a “comparatively progressive” economist (On the 150th birth anniversary of Vladimir Geleznoff)

2019 ◽  
pp. 135-145
Author(s):  
Viktor A. Popov
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Political ◽  
Russian History ◽  
Working Ability ◽  
Intellectual Inquiry ◽  
History Of

Deep comprehension of the advanced economic theory, the talent of lecturer enforced by the outstanding working ability forwarded Vladimir Geleznoff scarcely at the end of his thirties to prepare the publication of “The essays of the political economy” (1898). The subsequent publishing success (8 editions in Russia, the 1918­-year edition in Germany) sufficiently demonstrates that Geleznoff well succeded in meeting the intellectual inquiry of the cross­road epoch of the Russian history and by that taking the worthful place in the history of economic thought in Russia. Being an acknowledged historian of science V. Geleznoff was the first and up to now one of the few to demonstrate the worldwide community of economists the theoretically saturated view of Russian economic thought in its most fruitful period (end of XIX — first quarter of XX century).

scholarly journals The City-State of Boston: The Rise and Fall of an Atlantic Power, 1630–1865

2020 ◽  
Vol 94 (3) ◽  
pp. 631-636
Author(s):  
Noam Maggor
Keyword(s):  
New England ◽  
British Empire ◽  
American Revolution ◽  
Regional Autonomy ◽  
Atlantic Trade ◽  
History Of ◽  
British Colonial ◽  
City State ◽  
The City ◽  
American Nation

Mark Peterson's The City-State of Boston is a formidable work of history—prodigiously researched, lucidly written, immense in scope, and yet scrupulously detailed. A meticulous history of New England over more than two centuries, the book argues that Boston and its hinterland emerged as a city-state, a “self-governing republic” that was committed first and foremost to its own regional autonomy (p. 6). Rather than as a British colonial outpost or the birthplace of the American Revolution—the site of a nationalist struggle for independence—the book recovers Boston's long-lost tradition as a “polity in its own right,” a fervently independent hub of Atlantic trade whose true identity placed it in tension with the overtures of both the British Empire and, later, the American nation-state (p. 631).

scholarly journals Martín de Azpilcueta: The Spanish Scholastic on Usury and Time-Preference

Studia Humana ◽  
2020 ◽  
Vol 9 (2) ◽  
pp. 28-36
Author(s):  
Pedro J. Caranti
Keyword(s):  
Economic Theory ◽  
Golden Age ◽  
Time Preference ◽  
Economic Thought ◽  
Preference Theory ◽  
Modern Economic ◽  
The University

AbstractMartín de Azpilcueta and his fellow Spanish Scholastics writing and teaching at the University of Salamanca during Spain’s Golden Age are rightly pointed to by historians of economic thought as being major contributors toward, if not outright founders of modern economic theory. Among these is the theory of time-preference for which Azpilcueta has repeatedly been given the credit for discovering. However, this discovery is a curious one given how the same man, Azpilcueta, condemned usury in general during his whole life. If Azpilcueta did in fact discover this theory and fully understand its implications, we would reasonably expect him to have questioned his support for the ban on charging an interest on a loan. This paper, therefore, challenges the claim that Azpilcueta understood and revived time-preference theory and shows how his understanding was much more nuanced, and, at times, inconsistent.

Antinoopolis: A Hadrianic Foundation in Egypt

1940 ◽  
Vol 30 (2) ◽  
pp. 133-147 ◽  
Author(s):  
H. I. Bell
Keyword(s):  
Way Of Life ◽  
History Of ◽  
City State ◽  
The City ◽  
Civic Institutions

The city state was the most characteristic expression of the Hellenic way of life; and it is appropriate that the most Philhellenic of Roman emperors should have been distinguished as a founder of cities and an encourager of civic institutions. We are ill informed about the constitution and history of most of his foundations, but concerning one, which was in Egypt, a country whose soil preserves so perfectly the antiquities which it covers, we have a considerable amount of evidence. Antinoopolis is thus of interest not only to the historian of Roman and Byzantine Egypt, but also for the light it may throw on Hadrian's aims and ideals as a founder of cities.

Prologue

2019 ◽  
pp. 1-8
Author(s):  
Michael A. Gomez
Keyword(s):  
West Africa ◽  
Political Power ◽  
The State ◽  
The Third ◽  
History Of ◽  
City State ◽  
Relationship Of ◽  
The Relationship ◽  
The City

This prologue provides an overview of the history of early and medieval West Africa. During this period, the rise of Islam, the relationship of women to political power, the growth and influence of the domestically enslaved, and the invention and evolution of empire were all unfolding. In contrast to notions of an early Africa timeless and unchanging in its social and cultural categories and conventions, here was a western Savannah and Sahel that from the third/ninth through the tenth/sixteenth centuries witnessed political innovation as well as the evolution of such mutually constitutive categories as race, slavery, ethnicity, caste, and gendered notions of power. By the period's end, these categories assume significations not unlike their more contemporary connotations. All of these transformations were engaged with the apparatus of the state and its progression from the city-state to the empire. The transition consistently featured minimalist notions of governance replicated by successive dynasties, providing a continuity of structure as a mechanism of legitimization. Replication had its limits, however, and would ultimately prove inadequate in addressing unforeseen challenges.

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