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The Republic · ¶117

Several interesting remarks which in modern times would have a place in a treatise on Political Economy are scattered up and down the writings of Plato: cp. especially Laws, v. 740, Population; viii. 847, Free Trade; xi. 916-7, Adulteration; 923-4, Wills and Bequests; 930, Begging; Eryxias, (though not Plato’s), Value and Demand; Republic, ii. 369 ff., Division of Labour. The last subject, and also the origin of Retail Trade, is treated with admirable lucidity in the second book of the Republic. But Plato never combined his economic ideas into a system, and never seems to have recognized that Trade is one of the great motive powers of the State and of the world. He would make retail traders only of the inferior sort of citizens (Rep. ii. 371; cp. Laws, viii. 847), though he remarks, quaintly enough (Laws, ix. 918 D), that ‘if only the best men and the best women everywhere were…
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Plato · translated by Benjamin Jowett · composite transcription based on the 1888 third edition
Benjamin Jowett, revised third edition (1888), with Stephanus numbering from the 1908 edition; composite transcription, Project Gutenberg #55201
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