Routledge Dictionary of Economics, Second Edition
Plato, 428/7–348/7 BC (B3)
Ancient Greek philosopher who was one of the first to discuss fundamental economic concepts, particularly in his Republic and Laws (Book V). He advocated a DIVISION OF LABOUR based on different natural abilities, discussed the role of money and advocated EXCHANGE CONTROLS and common property amongst the guardians of his ideal republic.
See also: Ancient Greeks; Aristotle
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