LEADER 01810nam 2200421 i 4500001 99131236276906421 005 20230829103204.0 006 m o d | 007 cr cnu|||||||| 008 230829s2024 enka o 001 0 eng d 020 1-00-343414-2 020 1-003-43414-2 020 1-000-98403-6 020 1-000-98408-7 035 (MiAaPQ)EBC7280210 035 (Au-PeEL)EBL7280210 035 (OCoLC)1393303734 035 (CKB)27945573600041 035 (EXLCZ)9927945573600041 040 MiAaPQ |beng |erda |epn |cMiAaPQ |dMiAaPQ 043 e-gr--- 050 4 HC37 |b.E266 2024 082 0 330.938 |223 100 1 Economou, Emmanouil M. L. M. L., |eauthor. 245 14 The economy of classical Athens : |borganization, institutions and society / |cEmmanouil M. L. M. L. Economou. 264 1 Abingdon, England : |bRoutledge, |c[2024] 264 4 |c©2024 300 1 online resource (362 pages) 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 490 1 Routledge Explorations in Economic History Series 505 0 Cover -- Endorsement Page -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of Tables -- List of Figures -- List of Images -- List of Abbreviations (ancient texts) -- List of Abbreviations (modern terms) -- Foreword -- Acknowledgments -- Chapter 1 Introduction -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern Authors -- Chapter 2 The Ancient Economy: Some Further Introductory Issues -- 2.1 The Debate Regarding the "Backwardness" or "Modernity" of the Ancient Greek Economy -- 2.1.1 Implementing the New Institutional Economics Interpretative Tools and Concepts in the Case of Classical Athens -- 2.1.2 The Issues of Historical Anachronism and Economic Rationality in the Case of Classical Athens -- 2.2. The Relationship between Economics and Institutions: Path Dependence and Institutional Change -- 2.3. The Reforms of Cleisthenes and the Establishment of the Political Institutions of Athenian Democracy -- 2.4. Financing the Political Institutions of the Athenian Democracy -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 3 Adopting a "Turn to the Sea" Strategy and the Transformation of the Athenian Economy -- 3.1 The Gradual Creation of a Maritime Infrastructure during the Archaic Period and the Trireme Warship -- 3.2 Year 483/482 BCE: Themistocles's Naval Decree: Exogenous Shock and Path Dependence and Change -- 3.2.1 Choosing between Two Paths: A Mathematical Formulation -- 3.2.2 Maritime Infrastructure and the Shipyards of Attica -- 3.2.3 The Athenian Fiscal Expansionary Policy for the Public Good of Defense -- 3.3 The Trierarchy 3P Institution and the Antidosis Procedure -- 3.4 The Athenian Thalassocracy during the Classical Period: A Defense Economics Perspective -- Notes -- Ancient Greek authors (Perseus Digital Library). 505 8 Modern authors -- Chapter 4 The Protection of Private Property and the Rule of Law -- 4.1 The Importance of Property Rights Protection for Achieving a Prosperous Economy -- 4.2 Property and Commercial Contracts Protection in the Athenian Daily Practice -- 4.3 Dikai Emporikai -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 5 The Athenian Market -- 5.1 The Athenian Agora -- 5.2 Profit-making and the Forces of Supply and Demand -- 5.3 Consumer Protection and Measures against Profiteering -- 5.4 The "Secondary" Sector of the Economy and the Port of Piraeus -- 5.5. Neosoikoi, Philon's Arsenal and the Athenian Long Walls -- 5.6 The Ancient Greek Philosophers on International Trade Theory -- 5.6.1 Transactional Cost Reductions and the Logic of Comparative Advantage -- 5.6.2 Market Specialization and the Issue of Technological Innovations -- 5.7 Trade and the Athenian Institutions behind International Commercial Treaties -- 5.8 The Athenian Philosophers' Beliefs Regarding Entrepreneurship, Labor Productivity and Division of Labor -- 5.9 The Agricultural Sector and Husbandry -- 5.10 The Socio-economic Status of Women -- 5.11 The Socio-economic Status of Slaves -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 6 The Financial Institutions of the Athenian Economy -- 6.1 Banking Services and Maritime Loans -- 6.2 The Athenian Bankers -- 6.2.1 The Argyramoiboi (Money Changers) -- 6.2.2 The Development of Insurance, Securities and Mortgages -- 6.3 The Establishment of Primitive Joint-stock Companies -- 6.3.1 Joint-stock Companies in the Banking Sector -- 6.3.2 Joint-stock Companies in Other Relative Areas -- 6.4 The Institutional Mechanisms for Financing State Needs -- 6.4.1. The Demosion Fund (Demosion) -- 6.4.2 The Treasury of Delos or Allied Fund (AF). 505 8 6.4.3 The Treasuries - Temples of Athena (TTA) and the Other Gods (TTGs) -- 6.4.4 The Opisthodomos of the Parthenon -- 6.4.5. Public Borrowing from International Banks and from Individual Private Investors -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 7 The Role of Money in the Economy -- 7.1 The Adoption of Currency in the Greek World as a Means of Conducting the Exchange of Goods and Services -- 7.2 The Mining Procedures in Classical Athens and the Athenian Mint -- 7.3 Money Decentralization under Direct Democracy Procedures in Decision-making -- 7.4 Nicophon's Law -- 7.5. Coin-testing Techniques -- 7.6 The Coinage Decree and the Athenian Attempts to Create an Ad Hoc Monetary Union in the Eastern Mediterranean -- 7.7. The Issue of Inflation -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 8 The Athenian Public Sector and State Budget -- 8.1 The Athenian Public Administration and Its Magistrates -- 8.2. Public Magistrates Collecting Funds as Public Revenues and the Board of Poletai -- 8.3. The Theorikon and the Stratiotikon Funds -- 8.4. Public Magistrates with Judicial and Secretarial Duties -- 8.5. Providing Various Types of Public Services: Water Management, Defense and Religious Festivals -- 8.6. The Supervisory Boards of Public Administration -- 8.7. State Auditing Institutions to Ensure Good Governance in the Public Sector -- 8.7.1. The Euthyna Procedure -- 8.7.2. Auditing Institutions to Ensure Good Governance in the Public Sector through Private Initiative -- 8.8 How the Athenian State Budget Was Determined -- 8.8.1 Managing the State Budget: The Merismos and the Tamias Tes Koines Prosodou -- 8.9 The Athenian Taxation System -- 8.9.1 The Eisphora Tax -- 8.9.2 The Liturgies -- 8.9.3 A Comment on the Fairness of the Athenian System of Taxation -- Notes. 505 8 Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 9 Economic Growth Policies in Classical Athens -- 9.1 Estimating the Athenian GDP and GDP Growth -- 9.2 Six Important Elements for Economic Growth in Classical Athens -- 9.2.1 Large-scale Public works: The Fiscal Expansionary Programs of Pericles, Eubulus and Lycurgus -- 9.2.2 Population Growth -- 9.2.3 Life Expectancy -- 9.2.4 Better Housing Conditions -- 9.2.5 Urbanization -- 9.2.6 Technological Innovations -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 10 Social Welfare Policies through the Provision of Public Goods -- 10.1 The Provision of Public Goods by the Athenian State -- 10.1.1 The Offices Regarding Public Administration -- 10.1.2 Police Services -- 10.1.3 Ensuring an Effective Water Supply System -- 10.1.4 The Existence of a Functional Street and Road Network -- 10.1.5 Urban Spaces, Recreation and Beautification of the Athenian Polis -- 10.1.6 Measurement of Time as a Public Good -- 10.2 Public-Private Partnerships for the Provision of Public Goods -- 10.2.1 Defense -- 10.2.2 Diplomatic Missions -- 10.2.3 Hygiene Services -- 10.2.4 Health Care -- 10.2.5 Education -- 10.2.6 Athletic Infrastructure -- 10.2.7 Entertainment and Education on Moral Values -- 10.2.8 Religious Festivals -- 10.3 The Provision of Publicly Provided Private Goods: Social Security for Disabled Persons -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Chapter 11 Epilogue: The Athenian City-state Culture: Economy, Freedom, Democracy and the Rule of Law -- Notes -- Ancient Greek authors (Perseus Digital Library) -- Modern authors -- Glossary -- Index. 500 Includes index. 588 Description based on print version record. 520 "In parallel to the development of democracy, the Athenians of the Classical period established a series of sophisticated economic institutions for the times through which they developed a maritime and commercially oriented economy. This book provides a thorough analysis of this transformation and the functioning of the Athenian economy during the Classical period. Through the approach of New Institutional Economics (NIE), the book explores the establishment of key institutions including property rights protection, the legal protection of commercial contracts, prices determined by the forces of demand and supply, institutions against profiteering, banking services, the provision of loans through interest rates, consumer credit, insurance companies and a (primitive) version of joint stock companies. Furthermore, the book focuses on the structure of the public sector, on how the state budget was determined and on how decisions on public revenues and expenditures were made. It also provides an integrated and detailed analysis of the social welfare policies that were implemented through the provision of a variety of public goods in Classical Athens. Moreover, it focuses on a series of socioeconomic aspects such as the social status of women, slaves and foreigners and the viewpoints of prominent Athenian philosophers regarding economic organization. Finally, the book investigates whether an Athenian economic-political model of governance, based on a combination of advanced economic institutions (of free market type logic, even if in a primordial form) and direct democracy principles, can provide any lessons for modern societies. The book will be of great interest to readers of the economy, history and society of Ancient Greece, as well as economic historians and ancient historians and policymakers more broadly"-- |cProvided by publisher. 650 0 Sea-power |xEconomic aspects |zGreece |zAthens |xHistory. 650 0 Navies |zGreece |zAthens |xHistory. 650 0 Fiscal policy |zGreece |zAthens |xHistory. 651 0 Athens (Greece) |xEconomic conditions. 651 0 Athens (Greece) |xHistory. 776 08 |iPrint version:Economou, Emmanouil M. L. M. L. |tThe Economy of Classical Athens |dMilton : Taylor & Francis Group,c2023 |z9781032561547 830 0 Routledge Explorations in Economic History Series 906 BOOK