The word Economy, or oeconomy, is derived from oikos, a house, and nomos, law, and meant originally only the wise and legitimate government of the house for the common good of the whole --- the whole family. The meaning of the term was then extended to the government of the greater family, whatever that may be. It seems to make good sense that the word "economy" relates to some defined sub-unit, and not to the open space of international trade. My theory at this time is that there is no theory of what on earth we mean by "economy" in the first place. This is simply not something that people ask.
My final comment:
There will always be a great difference between domestic government, in which a father can see everything for himself, and civil government, where the chief sees hardly anything save through the eyes of others.
**
No comments:
Post a Comment