The Political Economy of Classical Athens


Book Description

Recently there has been a welcome revival of scholarly interest in the economy of classical Greece. In the face of increasingly compelling arguments for the existence of a market economy in classical Athens, the Finleyan orthodoxy is finally relinquishing its long dominion. In this book, Barry O’Halloran seeks to contribute to this renewed debate by re-interrogating the ancient evidence using more recent economic interpretative frameworks. The aim is to re-evaluate accepted orthodoxies and present the economic history of this emblematic city-state in a new light. More specifically, it analyses the economic foundations of Athens through the prism of its navy. Its macroeconomic approach utilises an employment-demand model through which enormous naval defence expenditures created an exceptional period of demand-led economic growth.




Making Money in Ancient Athens


Book Description

Explores how ancient Athenians made economic decisions




Athenian Economy and Society


Book Description

In this ground-breaking analysis of the world's first private banks, Edward Cohen convincingly demonstrates the existence and functioning of a market economy in ancient Athens while revising our understanding of the society itself. Challenging the "primitivistic" view, in which bankers are merely pawnbrokers and money-changers, Cohen reveals that fourth-century Athenian bankers pursued sophisticated transactions. These dealings--although technologically far removed from modern procedures--were in financial essence identical with the lending and deposit-taking that separate true "banks" from other businesses. He further explores how the Athenian banks facilitated tax and creditor avoidance among the wealthy, and how women and slaves played important roles in these family businesses--thereby gaining legal rights entirely unexpected in a society supposedly dominated by an elite of male citizens. Special emphasis is placed on the reflection of Athenian cognitive patterns in financial practices. Cohen shows how transactions were affected by the complementary opposites embedded in the very structure of Athenian language and thought. In turn, his analysis offers great insight into daily Athenian reality and cultural organization.










Honor and Profit


Book Description

A new assessment of the ancient Athenian economy relying on fresh documentary evidence




The Ancient Greek Economy


Book Description

Markets, Households and City-States in the Ancient Greek Economy brings together sixteen essays by leading scholars of the ancient Greek economy. The essays investigate the role of market-exchange in the economy of the ancient Greek world in the Classical and Hellenistic periods.







The Making of the Ancient Greek Economy


Book Description

A revolutionary account of the ancient Greek economy This comprehensive introduction to the ancient Greek economy revolutionizes our understanding of the subject and its possibilities. Alain Bresson is one of the world's leading authorities in the field, and he is helping to redefine it. Here he combines a thorough knowledge of ancient sources with innovative new approaches grounded in recent economic historiography to provide a detailed picture of the Greek economy between the last century of the Archaic Age and the closing of the Hellenistic period. Focusing on the city-state, which he sees as the most important economic institution in the Greek world, Bresson addresses all of the city-states rather than only Athens. An expanded and updated English edition of an acclaimed work originally published in French, the book offers a groundbreaking new theoretical framework for studying the economy of ancient Greece; presents a masterful survey and analysis of the most important economic institutions, resources, and other factors; and addresses some major historiographical debates. Among the many topics covered are climate, demography, transportation, agricultural production, market institutions, money and credit, taxes, exchange, long-distance trade, and economic growth. The result is an unparalleled demonstration that, unlike just a generation ago, it is possible today to study the ancient Greek economy as an economy and not merely as a secondary aspect of social or political history. This is essential reading for students, historians of antiquity, and economic historians of all periods.