In a short essay, explore what Aristotle would think of Dan Price’s decision to raise the pay of his employees.
In particular, I’d like you to think about Price’s decision in terms of Aristotle’s brief mention of the virtue of magnificence, from Nicomachean Ethics, Book II, Ch. 7.
(For more of Aristotle’s writing on magnificence, see below.)
What is the difference between a person who does a magnificent act and a person who possesses the virtue of magnificence? In your answer, be sure to make reference not only to the doctrine of the mean but also to Aristotle’s understanding of the way in which the doctrine of mean relates to a person’s
states of character.
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