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Book VI chapter 8
Political wisdom and practical wisdom are the same state of mind, but their essence is not the same. Of the wisdom concerned with the city, the practical wisdom which plays a controlling part is legislative wisdom, while that which is related to this as particulars to their universal is known by the general name ‘political wisdom’; this has to do with action and deliberation, for a decree is a thing to be carried out in the form of an individual act. This is why the exponents of this art are alone said to ‘take part in politics’; for these alone ‘do things’ as manual labourers ‘do things’.

Practical wisdom also is identified especially with that form of it which is concerned with a man himself-with the individual; and this is known by the general name ‘practical wisdom’; of the other kinds one is called household management, another legislation, the third politics, and of the latter one part is called deliberative and the other judicial. Now knowing what is good for oneself will be one kind of knowledge, but it is very different from the other kinds; and the man who knows and concerns himself with his own interests is thought to have practical wisdom, while politicians are thought to be busybodies; hence the word of Euripides,

But how could I be wise, who might at ease,
Numbered among the army’s multitude,
Have had an equal share?
For those who aim too high and do too much.

Those who think thus seek their own good, and consider that one ought to do so. From this opinion, then, has come the view that such men have practical wisdom; yet perhaps one’s own good cannot exist without household management, nor without a form of government. Further, how one should order one’s own affairs is not clear and needs inquiry.

Wha............
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