Economic policy in 4th century Athens
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XXI, No.2, 2009, pages 7-18
Issue:
Pages:
7-18
Author:
Abstract:
The present essay presents a reconstruction of Athenian 4th century BC monetary and fiscalpolicy, focusing on Nicophon’s currency law and the fiscal reforms of Lycurgos, which I interpret as a «social contract». The revenue and expenditure sides of the budget are estimated. Lastly some questions concerning interest aggregation under direct democracy are elucidated.
Subject:
Subject (LC):
Keywords:
Finance, Growth, Direct Democracy, Ancient Athens
Notes:
JEL classification: N00, N01, N03
