Economic Structures of Antiquity (Contributions in Economics and Economic History)
Editorial Reviews
Review
“The economist Morris Silver has raised his sights and broadened his horizon from his 1996 book, Economic Structures of the Ancient Near East.”–
“The idea of transaction costs has much to offer ancient economic historians; a means of describing antiquity that emphasises its specific character and yet permits (indeed, encourages) cross-cultural comparison.”–
Book Description
The economy of the ancient Middle East and Greece is reinterpreted by Morris Silver in this provocative new synthesis. Silver finds that the ancient economy emerges as a class of economies with its own laws of motion shaped by transaction costs (the resources used up in exchanging ownership rights). The ancient world was not static, Silver asserts; rather, periods of pervasive economic regulation by the state were interspersed with lengthy periods of relatively unfettered market activity. He finds that the economies of Sumer, Babylonia, and archaic Greece were capable of transforming themselves in order to take advantage of new opportunities.
Economic Structures of Antiquity (Contributions in Economics and Economic History)
Economic Structures of Antiquity (Contributions in Economics and Economic History),Morris Silver,Greenwood Press,0313293805,Business / Economics / Finance,Business/Economics,Economic Conditions,Economic History,To 500,Business & Economics / Economic History
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