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Socrates Founding Political Philosophy in Xenophon's "Economist", "Symposium", and "Apology"$
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Thomas L. Pangle

Print publication date: 2020

Print ISBN-13: 9780226642475

Published to Chicago Scholarship Online: September 2020

DOI: 10.7208/chicago/9780226642505.001.0001

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The Socratic Science of Economics

The Socratic Science of Economics

Chapter:
(p.7) Chapter One The Socratic Science of Economics
Source:
Socrates Founding Political Philosophy in Xenophon's "Economist", "Symposium", and "Apology"
Author(s):

Thomas L. Pangle

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226642505.003.0002

Socrates’s founding of economic science has been largely unnoted, and the crucial texts (of Xenophon) have not been studied with the needed interpretative care and skill—even though the Socratic conception of what it means to conduct a proper science of economics confronts our contemporary conceptions of economic science with grave theoretical challenges. Here is presented an exegesis of the short text in which the challenges come vividly to sight. This chapter introduces both the substantive Socratic teaching of Xenophon and—by example—the proper methodology for interpreting his texts in order to elucidate the teaching intended by their author.

Keywords:   economic science, exchange value, use value, property, poverty, wealth, utility

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