Dawn of Economic Thought

            The earliest discussions of economics date back to ancient times . Back then, and until the industrial revolution, economics was not a separate discipline but part of philosophy. In Ancient Athens, a slave based society but also one developing an embryonic model of democracy, Plato's book The Republic contained references to specialization of labor and production. But it was his pupil Aristotle that made some of the most familiar arguments, still in economic discourse today.
               Aristotle's Politics (c.a. 350 BC) was mainly concerned to analyze different forms of a state (monarchy, aristocracy, constitutional government, tyranny, oligarchy, democracy) as a critique of Plato's advocacy of a ruling class of "philosopher-kings".

Citation:

Aristotle, . (350 BC). Politics.