Abstract
This paper presents an economy of country houses with the ultimate aim of generating a framework for the evolution of country house management theory for the development of management practice and education. Whereas traditional management theory (for large entities) has evolved from the modern and narrow interpretation of economy, this paper employs the old but broader archaic form (oeconomy). This is a device that has previously been used both to generate an alternative understanding of organisations in general as well as for specific types of organisation. When combined with empirical data collected from a range of different country houses, an economy of country houses has emerged. This oeconomy is based on a number of core concepts, each of which has a number of key issues associated with it. The results show that this economy is quite unique, although there are some similarities with the economy of small businesses and the conflict approach of business management theory.
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