Economy and Economics of Ancient Greece (Routledge Explorations in Economic History)

Economy and Economics of Ancient Greece (Routledge Explorations in Economic History)

Takeshi Amemiya

Language: English

Pages: 208

ISBN: 0415701546

Format: PDF / Kindle (mobi) / ePub

Addressing the dearth of literature that has been written on this key aspect of economic history, Takeshi Amemiya, a well known leading economist based at Stanford University, analyzes the two diametrically opposed views about the exact nature of the ancient Greek economy, putting together a broad and comprehensive survey that is unprecedented in this field.

Partly a piece of economic history, partly a critique of utilitarianism, this book explores all areas of the Athenian economy, including public finance, banking and manufacturing and trade as well as discussing the historical, cultural, political and sociological conditions of Ancient Greece and the background in which the economy developed.


As a teacher of an undergraduate course on the Economy and Economics of Ancient Greece, Takeshi Amemiya has written an incisive text that is perfect for undergraduate students of economic history, Greek history and culture as well as a being a useful reference point for graduates and of considerable interest to classicists at any level.

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writings are cryptic and enigmatic; nevertheless, they are highly interesting. He is famous for having said or being believed to have said, “p+nta r¿e8” (everything flows). Another famous remark “2n p+nta p+nta 2n” (one is all, all is one) also reminds one of Eastern philosophy. Pythagoras Pythagoras was born in Samos in the mid-sixth century, migrated to Croton in southern Italy in c.530, and founded a popular religious sect there. Later he was expelled for political reasons and, as a result,

jurors, two obols a day, was instituted by Pericles in the 450s and was raised to three obols a day in the 420s. Some disputes were handled by arbitrators (60 years old) and were sent to the public courts if the involved parties did not abide by their decisions. In Table 3.1, the characteristics of the three public institutions of classical Athens are given. Archons The power of the archons gradually declined through the reforms of Cleisthenes and Ephialtes. The method of selection also gradually

thousands of amphoras, pitchers, and cups from the sites of wine shops and taverns. From the shape of the ware and the composition of clay, one can determine where the wines came from. Most popular were the wines from Mende, Chios, Lesbos, Thasos, and Corinth. They also excavated the remains of the house and shop of a shoemaker. From this site they found a cup with the name of Simon inscribed on it. This is believed to be the cobbler’s house mentioned by Diogenes Laertios (who lived in the third

the peak, whereas Osborne (1991, p. 134) gives a low figure of 10,000. The Spartan occupation of Decelea (413–4) crippled mining operations. More than 20,000 slaves were said to have fled to the Spartans (Thucydides, VII.27.5). The Athenians started minting copper coins at that time. By 390, however, they were again replaced by silver coins. Lysias (XIX, 11) suggests that in 389 there was still a shortage of silver in Athens. By the middle of the fourth century, silver production rose to the

convention, that is, they have all the qualifications to be free men. How do slaves (those who are slaves by nature) differ from free men? “For he is by nature a slave … who participates in reason so far as to apprehend it but not to possess it” (1254B21–22). One of the prominent scholars of his age who disagreed with Aristotle was Antiphon (480–411), who argued that all humans belong to one specie and therefore are biologically indistinguishable (Havelock 1957, pp. 256–7). Another was Alcidamas,

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