1.

Record Nr.

UNINA9910808848303321

Autore

Cohen Edward E

Titolo

Athenian economy and society : a banking perspective / / Edward E. Cohen

Pubbl/distr/stampa

Princeton, N.J., : Princeton University Press, c1992

ISBN

1-283-30325-6

9786613303257

1-4008-2077-4

Edizione

[Core Textbook]

Descrizione fisica

1 online resource (307 pages)

Disciplina

332.1/0938/5

Soggetti

Banks and banking - Greece - Athens - History

Greece History Spartan and Theban Supremacies, 404-362 B.C

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

Front matter -- CONTENTS -- Preface -- Acknowledgments -- Abbreviations -- Chapter 1. Market Economy-Banking Reality -- Chapter 2. A Methodological Alternative to the Misuse of Statistics -- Chapter 3. Financial Context and Concepts -- Chapter 4. Wives, Slaves, and the Athenian Banker -- Chapter 5. Banking Operations: "Risk-Laden Revenues from 'Other People's Money' " -- Chapter 6. The Banks' Role in the Economy -- Works Cited -- Index of Passages Cited -- General Index

Sommario/riassunto

In this ground-breaking analysis of the world's first private banks, Edward Cohen convincingly demonstrates the existence and functioning of a market economy in ancient Athens while revising our understanding of the society itself. Challenging the "primitivistic" view, in which bankers are merely pawnbrokers and money-changers, Cohen reveals that fourth-century Athenian bankers pursued sophisticated transactions. These dealings--although technologically far removed from modern procedures--were in financial essence identical with the lending and deposit-taking that separate true "banks" from other businesses. He further explores how the Athenian banks facilitated tax and creditor avoidance among the wealthy, and how women and slaves played important roles in these family businesses--thereby gaining



legal rights entirely unexpected in a society supposedly dominated by an elite of male citizens. Special emphasis is placed on the reflection of Athenian cognitive patterns in financial practices. Cohen shows how transactions were affected by the complementary opposites embedded in the very structure of Athenian language and thought. In turn, his analysis offers great insight into daily Athenian reality and cultural organization.