Econ History 2-5 Sentence For 6 Question

1.

Describe Plato’s view of private property as it influenced government.  How are Plato’s views of property the same or different from those of Aristotle and the early Christians.

2.

Describe the difference between Chrematistics and Economics in Aristotle’s thought.  How does Aristotle’s disdain for Chrematistics relate to the notion of evil we discussed with respect to the Garden of Eden Story?

3.

Discuss the differences between the Stoics, Epicureans, and Cynics.  How do their views regarding consumption and well being compare to modern views of “rational Self-interest?

4.

From the Karma Theorems reading, how different was the conception of markets different in medieval times than in microeconomics today?

5.

Thomas Aquinas developed a notion of “the just price” that could be charged for a good.  According to him, what made some prices “just” while others were not.

6.

In the introduction to his book, Sedlacek uses the Czech legend of St. Prokop (who harnesses the devil to plough his field) as a metaphor for a commonly-held concept of the “invisible hand”.  He suggests that, like St. Prokop, civilization harnesses the evil of greed to accomplish “good” economic results. Based on what you have read here, does this argument make sense?