The Economy of Classical Athens: Routledge Explorations in Economic History The Economy of Classical Athens: Routledge Explorations in Economic History Emmanouil M. L. Economou October 6, 2023 Pages: Format: Hardcover/Paperback/E-book Publisher: Routledge Summary: In this groundbreaking book, [Insert Author's Name] provides a comprehensive analysis of the economy of Classical Athens during the 5th century BCE, exploring the evolution of technology and the need for a personal paradigm to understand the technological process of developing modern knowledge. The author utilizes the approach of New Institutional Economics (NIE) to examine the establishment of key institutions such as property rights protection, legal protection of commercial contracts, prices determined by supply and demand, and consumer credit. The book delves into the structure of the public sector, including how state budgets were determined and decisions on public revenues and expenditures were made, as well as the provision of public goods. Additionally, it discusses socioeconomic aspects such as the social status of women, slaves, and foreigners, and the viewpoints of prominent Athenian philosophers on economic organization.

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