The Economic History of Alexander the Great Expedition

Ioannis N. Kallianiotis ()
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Ioannis N. Kallianiotis: Economics/Finance Department The Arthur J. Kania School of Management University of Scranton Scranton, PA 18510-4602 U.S.A.

International Journal of Economics and Financial Research, 2016, vol. 2, issue 2, 16-32

Abstract: The philosophy of Economics and economic policy were developed by Xenophon in Ancient Greece. Alexander the Great was living a little later in the 4th century B.C. and we know him as a great Hellen king, civilizer, and “forerunner”; but, he was, an excellent economist because he had to manage the economy of his enormous campaign from Greece to India and to exercise an efficient and effective public policy for his vast Empire. Also, “he desired not pleasure or wealth, but only excellence and glory”, which was the moral and ethical Greek philosophy of his time. Alexander had said that “…I am grateful to gods that I was borne Hellen…” and had all these Hellenic values, which made him one of the most important person in human history. He had shown outstanding management capabilities, with rates of salaries, health and welfare, building projects, supplies, transports, reforms of the tax system, indirect taxes and donations, loans, minting of coins, even controlling financial scandals and other information useful for our policy makers, today. We measure his budgets by using the weights of gold and silver coins and determine and compare prices by taking these information from different historians of his time. Alexander economic policy with its surpluses is very useful for our current leaders and scholars. Also, the history and the role of this extraordinary man and the contribution of the Greek civilization and language in God’s plan, for His revolted and deluded creation and humanity to be in a position to understand and accept His revelation, which Greeks were expecting since the Golden Century of Athens, is discussed.

Keywords: Role of Economics; Role of Economists; History of Economic Thought; Monetary Policy; Fiscal Policy, General; Economic History; Development of the Discipline; Historiographical and Sources and Methods (search for similar items in EconPapers)
JEL-codes: A11 B1 E52 E62 N00 N01 (search for similar items in EconPapers)
Date: 2016
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