ABSTRACT

The antithesis between God and mammon is much older than the phrase which has familiarized it to Christendom. The philosophers of Ancient Greece were greatly concerned with it, though under a slightly different aspect. They were at pains to discern the true relation between Ethics—the problem of right conduct for the individual, and Politics, the science of the ordering of the State. Ethics is at once a Science and an Art: its function is to investigate the laws of morality and to formulate rules of conduct. Moreover, economist may serve to dispel some prejudices if we translate the biblical terms into their modern equivalents. For Economics, however widely we may extend its sphere, deals with the material environment of man: That industry is a mechanism in which methods of organization and social relationships are to be determined by considerations of Economic expediency.