Linguistics and Literature Studies Vol. 1(3), pp. 135 - 141
DOI: 10.13189/lls.2013.010301
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Surplus and Default in Xenophon’s Business Economics

Leonardo Paganelli *
State University of Genoa, Italy – 4, Via Balbi, Genova 16126, Italia


Surplus and default are both as old as Man himself. Yet the first work which studies the phenomenon of deficit in a scientific way is Xenophon’s Oeconomicus (fourth century B.C.). Conversing with Critobulus, Socrates not only develops a technical nomenclature to denote defaults and losses, but also reveals what to do for transforming them into profits.

Socrates, Xenophon, Default, Business Economics

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Leonardo Paganelli , "Surplus and Default in Xenophon’s Business Economics," Linguistics and Literature Studies, Vol. 1, No. 3, pp. 135 - 141, 2013. DOI: 10.13189/lls.2013.010301.

(b). APA Format:
Leonardo Paganelli (2013). Surplus and Default in Xenophon’s Business Economics. Linguistics and Literature Studies, 1(3), 135 - 141. DOI: 10.13189/lls.2013.010301.