By Morris Silver
ISBN-10: 0313293805
ISBN-13: 9780313293801
The financial system of the traditional heart East and Greece is reinterpreted by way of Morris Silver during this provocative new synthesis. Silver reveals that the traditional economic system emerges as a category of economies with its personal legislation of movement formed by means of transaction expenses (the assets used up in changing possession rights). The research of transaction expenditures presents insights into many features of the traditional economic system, equivalent to the real position of the sacred and symbolic gestures in making contracts, magical expertise, the entrepreneurial function of high-born ladies, the elevation of familial ties and different departures from impersonal economics, reliance on slavery and adoption, and the insatiable force to acquire trust-capital. The odd habit styles and mindsets of historic fiscal guy are proven to be facilitators of financial growth.
In fresh years, our view of the financial system of the traditional global has been formed by means of the theories of Karl Polanyi. Silver confronts Polanyi's empirical propositions with the on hand proof and demonstrates that antiquity knew energetic and complex markets. during offering an alternate analytical framework for learning the traditional economic climate, Silver provides serious consciousness to the industrial perspectives of the Assyriologists I.M. Diakonoff, W.F. Leemans, Mario Liverani, and J.N. Postgate; of the Egyptologists Jacob J. Janssen and Wolfgang Helck; and of the various fans of Moses Finley. Silver convincingly demonstrates that the traditional international was once now not static: sessions of pervasive monetary law by means of the country are interspersed with long classes of particularly unfettered industry task, and the economies of Sumer, Babylonia, and archaic Greece have been in a position to remodeling themselves with a view to benefit from new possibilities. This new synthesis is vital interpreting for fiscal historians and researchers of the traditional close to East and Greece.
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Additional resources for Economic Structures of Antiquity (Contributions in Economics and Economic History)
Example text
Gernet (1981: 28) offers the insightful observation that Greek telos means "terminus, end" and "payment," while telein means both "to pay" and "to perform a rite" (cf. v. telos). It seems clear that among the early Greeks and Latins, the stone heaps and pillars that served villagers as boundary markers and ominous warnings against trespass became sacred sites of intercommunity gatherings and commercial contacts. At late sixth-century Athens, the stone pillars (horoi) inscribed "I am the boundary of the Agora" were apparently distributed around this central marketplace, especially at points where streets entered.
Later, and more concretely, during the flourishing nineteenth-century trade with Upper Nubia, Pharaoh Sesostris III founded in this region a well-endowed temple dedicated to the Nubian god 10 Structural Characteristics Dedwen. Reportedly, the latter was incorporated into the Egyptian pantheon and received the standard worship. Similarly, Sopdu, another god identified with Horus, may have originated during the third millennium in the mining areas of the Sinai or, possibly, in the Eastern Delta (judging by his Asiatic-style beard and dress).
The protection enjoyed by visitors to marketplaces was extended to Greek, Italian, and Philistine harbors by means of a nearby temple. For example, the temple of Apollo at Delos, the central market and sanctuary of the Cyclades, linked Greece with Lycia (southwest Asia Minor). Cults of Astarte/Aphrodite, "the foam-born goddess" (Hes. Th. ), flourished in Greek ports frequented by Syrian and Phoenician merchants. The religious precincts established by the Greeks in Etruscan ports functioned as emporia.
Economic Structures of Antiquity (Contributions in Economics and Economic History) by Morris Silver
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