This 2010 book was the first to undertake a comprehensive analysis of the impact of money on the economy, society and culture of the Greek and Roman worlds. It uses new approaches in economic history to explore how money affected the economy in antiquity and demonstrates that the crucial factors in its increasing influence were state-formation, expanding political networks, metal supply and above all an increasing sophistication of credit and contractual law. Covering a wide range of monetary contexts within the Mediterranean over almost a thousand years (c.600 BCaAD 300), it demonstrates that money played different roles in different social and political circumstances. The book will prove an invaluable introduction to upper-level students of ancient money, while also offering perspectives for future research to the specialist.CHAPTER 5 Prices and price formation: issues INTRODUCTION The amount of price information which has survived from the ancient ... Yet what kind of economic information do prices render? The information, for example, that trumpets cost 60 drachmas in Athens at the end of the fifth century BC is as useless in itself as the ... On the one hand, scholars have used prices as an index of standards ofliving.
|Title||:||Money in Classical Antiquity|
|Author||:||Sitta von Reden|
|Publisher||:||Cambridge University Press - 2010-11-18|