Political Economy of Classical Athens
Subtitle: A Naval Perspective
Publisher: BRILL
Published: 2018
Language: eng
Number of pages: 381
ISBN-13: 9789004386143
Subjects: Athens (greece), economic conditions; Athens (greece), history; Navies; Sea-power
Description: Recently there has been a welcome revival of scholarly interest in the economy of classical Greece. In the face of increasingly compelling arguments for the existence of a market economy in classical Athens, the Finleyan orthodoxy is finally relinquishing its long dominion. In this book, Barry O{u2019}Halloran seeks to contribute to this renewed debate by re-interrogating the ancient evidence using more recent economic interpretative frameworks. The aim is to re-evaluate accepted orthodoxies and present the economic history of this emblematic city-state in a new light. More specifically, it analyses the economic foundations of Athens through the prism of its navy. Its macroeconomic approach utilises an employment-demand model through which enormous naval defence expenditures created an exceptional period of demand-led economic growth.--Publisher's description.