The origins of money in Ancient Greece: the political economy of coinage and exchange

Mark S. Peacock

Cambridge Journal of Economics, 2006, vol. 30, issue 4, 637-650

Abstract: Recent work on Ancient Greece sheds light on the origins of money and its effects on economy and society. This review essay analyses such work and relates it to themes familiar to economists. It examines monetary functions in the heroic world and the effects of introducing coinage in Classical Athens. It attends to the role of the state in the development of money and to the form which money took. It also considers the role of money in the administration of justice. In conclusion, the author asks whether money in the Near East pre-dates Greek money. Copyright 2006, Oxford University Press.

Date: 2006
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