Professor Sabine Spangenberg

”In Search of Value: Early civilisations and Athenian thought” published in International Journal of Happiness and Development, Vol. 3, No. 2, 2016

The paper argues that economic value should not be restricted to commodity, factor and asset prices; economic value should include intrinsic concepts of well-being and welfare. Forms of value and wealth during the period of early civilisation are exhibited. A juxtaposition of ideas and concepts of well-being during this early time period facilitates a more critical approach to economic development today.