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nydus/A History of Greek Economic ThoughtPublic
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Table of Contents

Chapter VI Aristotle

latter treats the accumulation of money (αὔξησις) as a means, while the former treats it as the supreme end of life.754 In fine, then, Aristotle teaches that necessary chrematistik has to do with the supply and use of life’s necessities, is natural (κατὰ φύσιν or οἰκειοτάτη) and limited,755 its prime function being the proper disposal of products.756 It is an honorable pursuit,757 dependent chiefly upon fruits and animals,758 and involves a practical knowledge of stock (κτηνή), farming, bee-culture, trees, fish, and fowl.759 The false finance, on the other hand, is unnatural, dishonorable, and enriches at the expense of another.760 Its chief business is commerce (ἐμπορία), including sea-trade (ναυκληρία), inland trade (φορτηγία), and shop-trade, (παράστασις).761 It also comprises usury (τοκισμός) and hired labor, both skilled and unskilled (μισθαρνία ἡ μὲν τῶν βαναύσων τέχνων ἡ δὲ ἀτεχνῶν).762

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