The Nicomachean ethics of Aristotle by Aristotle & Browne Robert William 1809-1895

Author:Aristotle & Browne, Robert William, 1809-1895, [from old catalog] ed. & tr
Language: eng
Format: epub
Tags: Ethics
Publisher: London, H. G. Bohn
Published: 1853-03-25T05:00:00+00:00

In commercial intercourse, A ukes so many D's as are equal to C, and B takes in exchange C, and this equalisation is effected either by direct barter, or by means of the common measure, money. Respecting ** Talue," and the subjects connected with it, the student is referred to any treatises on political economy. Aristotle treats of the rebtion which sqbdsteOQ IP between demand ^xp<^) •od vahie in the PoUtics, tMr^ O K

therefore ought to recei've from the ahoemaker some of his work, and to give him some of his own in return. I^ therefore, there he proportionate equality in the first instance, and then retaliation take place, there will be the state of things which we described; if not, there is no equali^, nor any Eqaslity bond to hold commercial dealings together : for ™j^*^ there is no reason why the work of one should not Eyob!^- ^ lt>«**«r than the work of the other; these things, ing the re- therefore, must be equalized; and this is true in lative pro. the case of the other arts also; for they would be portion of p^fj an end to, unless equality were observed be-[^^ tween the dealer and the person dealt with, both

4. as regards quantity and quality. For commercial intercourse does not take place between two phyd-cians^ but between a physician and an agriculturist, and generally between persons who are different, and unequal; but it is necessary that these be made equal Therefore it is necessary that all things, of which there is interchange, ^ould be in some

5. manner commensurable. And for this purpose money came into use; and it is in some sense a medium, for it measures everything; so that it measures excess and defect; for example, it measures how many shoes are equal to a house or to a certain

6. quantity of food. As therefore the builder to the The neoet- shoemaker, so must be the number of shoes to the sity of a house or the food; for if this be not the case, there mMsore^ will be no interdiange, nor commerce. But this

proportion cannot e^st, unless the things are in some manner equal It is therefore neoessaiy that all things diould be measured, as was before said, by some one thing.

7. Now, demand ia in reality the bond which keeps Theoom- all conmiercial dealings together. For if men mon mea- wanted nothings or not so much, there would not (demmwK** ^ •'^y* ^^ ^^ ^ much commerce. But money h or ite tub' M it were the substitute for demand; and hence ttitnte, it has the name p6fnafiay because it is not so by monej. nature, but by law yyofif), and because it is in our

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There -wfll, therefore^ be retaliation, when eqoaliza- 8. tion has taken place. Aii^ therefore, the agricidtari8t^^>>^^-to the shoemaker, so is the work of the shoemaker *^ to that of the agiicoltorist Bat when thej make an exchange,

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