Abstract
The roots of economic thinking, and political issues related to economy, lie in moral thinking, going back to the Greek classics. Frank Knight noted that there was no justification of competition as a motive to be found in the Aristotelian conception of the good as that which is intrinsically worthy of the human as human, or what Plato called the archetypical goodness. Knight explained:
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Notes
- 1.
J.M. Clark, Economics and modern psychology, Journal of Political Economy, Jan/Feb, 1918, p. 8.
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Turgot, A.R.J. (I770) (L). Lettres sur le commerce des bles. In Oeuvres de Turgot, vol. III, pp. 265–354.
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Cowan, D. (2016). Understanding the Ethics of Competition. In: Frank H. Knight. Great Thinkers in Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-46211-4_6
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