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nydus/The Nicomachean Ethics of AristotlePublic

This work constitutes one half of a comprehensive treatise on political and social science, focusing on the study of human conduct and character. It functions as an independent inquiry that complements Aristotle’s Politics by exploring the practical activities of human life.

Page 173 of 423
Table of Contents

BOOK V

And further, money is a kind of security to us in respect of exchange at some future time (supposing that one wants nothing now that we shall have it when we do): the theory of money being that whenever one brings it one can receive commodities in exchange: of course this too is liable to depreciation, for its purchasing power is not always the same, but still it is of a more permanent nature than the commodities it represents. And this is the reason why all things should have a price set upon them, because thus there may be exchange at any time, and if exchange then dealing. So money, like a measure, making all things commensurable equalises them: for if there was not exchange there would not have been dealing, nor exchange if there were not equality, nor equality if there were not the capacity of being commensurate: it is impossible that things so greatly different should be really commensurate, but we can approximate sufficiently for all practical purposes in reference to Demand. The common measure must be some

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