Phronesis was founded in 1955 and is the oldest and most authoritative academic journal that studies ancient Greek and Roman thought (ancient philosophy, metaphysics, epistemology, logic, and philosophy of science and medicine) from its origins to the end of the 6th century AD. It publishes works in English, French, German, Italian, and Latin.

Phronesis magazine provides professional articles and book annotations from top scholars in Europe and North America. Although English is actually the primary language of publication, it also publishes papers in Latin, French, German, and Italian. The name "Phronesis" of the journal originates from ancient Greece and means "practical wisdom". It has profound significance in the Western philosophical tradition and is closely related to Aristotle's ethics, representing the wisdom of making moderate judgments in the field of practice.

In addition, the name of the journal also reflects its commitment to in-depth research on ancient philosophy, aiming to promote understanding and evaluation of ancient ideas, and provide a platform for scholars to exchange and publish research results. Phronesis magazine is not only an important resource for researchers of ancient philosophy, but also has high reference value for readers who wish to gain a deeper understanding of ancient culture and thought.