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A civilization that relied heavily on the sea and placed great emphasis on the afterlife, students will learn what kinds of items Egyptians traded, and how impressive pyramids and temples were constructed. They will also learn about the art of making paper from papyrus, the perfume industry and much more.
In Pottery and Economy in Old Kingdom Egypt, Leslie Anne Warden investigates the economic importance of utilitarian ceramics, particularly beer jars and bread moulds, in third millennium BC Egypt. The Egyptian economy at this period is frequently presented as state-centric or state-defined. This study forwards new methodology for a bottom-up approach to Egyptian economy, analyzing economic relationships through careful analysis of variation within the utilitarian wares which formed the basis of much economic exchange in the period. Beer jars and bread moulds, together with their archaeological, textual, and iconographic contexts, thus yield a framework for the economy which is fluid, agent-based, and defined by small scale, face-to-face relationships rather than the state.
The first economic history of ancient Egypt employing a New Institutional Economics approach and covering the entire pharaonic period, 3000-30 BCE.
Readers explore different aspects of Ancient Egypt's economy, including the importance of the sea and how papermaking was an art essential to Egypt's success. Students will gain an understanding of how the culture used money and which trades flourished during this period of history.
The first economic history of ancient Egypt employing a New Institutional Economics approach and covering the entire pharaonic period, 3000-30 BCE.
Readers explore different aspects of Ancient Egypt's economy, including the importance of the sea to this civilization's economy and about how papermaking was an art essential to Egypt's culture. Students will gain an understanding of how the culture used money and which trades flourished during this period of history.
Combining philological investigation and theoretical reasoning, this book offers a completely new interpretation of the economic role of the state in ancient Egypt. The first part provides background outlining the relevance of Keynes General Theory to the ancient Egyptian economy. The central part uses ancient Egyptian texts as the foundation of an analysis of words commonly assumed to relate to taxation during the New Kingdom (c. 15401070 B.C.E.). The conclusions summarize the philological results and explore the role of the temples in the ancient Egyptian state during the New Kingdom. The result places ancient Egyptian taxation and state economic activity in a market context, opening a new path to the understanding of the ancient Egyptian economy based on an analysis of primary sources.
Taking ancient records as the starting point for analysis, this book theorises the state, administration and economy of ancient Egypt. The Egyptian state is theorised as an administrative field of material and symbolic powers with emphasis upon the latter because it has received scant attention in Egyptology. Maat (truth, fairness, connective justice) is theorised as symbolic power discursively authored, disseminated and monitored by senior administrators who redefined its meaning to suit changes in the sociopolitical contexts. The book examines the classification schemes of the Egyptian population devised by the administrative field of power and how they were used to differentiate, hierarchise and fix specific individuals within clearly demarcated social and economic categories that aimed to fix the subjectivity of those assigned to each category. Ancient Egyptian had a significant state economic sector and a private sector. A multiplicity of sources of state economic resources are examined: taxation/ impost, war booty and tributes, and gifts exchanged between the Egyptian kings and foreign kings. A nuanced understanding of Polanyi’s work on redistribution is used to theorise the cycle of levying, collecting, storing and redistributing tax revenues. Exchanges of gifts between Egyptian kings and kings from Asia Minor are theorised as occurring on a stage of institutional drama, war booty as an ‘economy of force’ and tribute as an economy of restitution. Private exchange is theorised by developing the concept of ‘sociable markets’ and drawing on Maat in its various meanings as truth, fairness and connective justice. This book will be of interest to readers in the fields of economic history, ancient Egypt and ancient history more broadly.
The first economic history of ancient Egypt employing a New Institutional Economics approach and covering the entire pharaonic period, 3000-30 BCE.
Economic Structures of the Ancient Near East (1985) is a political economy of antiquity which applies the universal conclusions of theoretical economics to the interpretation of economic life. The first part of the book shows that the analysis of transaction costs – that is, the resources used up in exchanging ownership rights including costs of communication and of designing and enforcing contracts – provides numerous insights into the structure of the ancient economy. The role of temples as centres of commerce, inculcation of professional standards by gods, elevation of technology to the status of divine gift, religious syncretism and fetishism and many more seemingly exotic practices are comprehended as elements in a strategy to cope with high transaction costs by increasing the stock of what might be called trust capital. It is shown that similar considerations lie behind the ubiquity of diversified, multinational family firms, the prominent entrepreneurial role of high-born women, the prominence within the contractual process of publicly performed conventional gestures and recitations, and the intrusion of gifts, friendship, and other manifestations of personal economics into exchange relationships. The book goes on to examine carefully, and then reject, the view of economic historian Karl Polanyi and others that the ancient Near East lacked true markets for consumer goods and productive factors. The direct evidence of market exchange (local and long distance), occupational specialisation, supply-demand determined prices, investment in material and human capital, production for the market, and other ‘modern’ traits is uneven with respect to place and time, but nevertheless abundant. The requisite market functions demanded by Polanyi, including a market for labour (slave and free) and elaborate credit and investment markets, can be seen plainly from very early times. Finally, the book deals with the impact on the ancient Near Eastern economy of changes in economic incentives and of changes in economic policy. It becomes evident that ancient economies were capable of making profound alterations in order to take advantage of new economic opportunities. It is also shown that the ancient Near East was not static, as is usually asserted: periods of pervasive economic regulation by the state are interspersed with lengthy periods of relatively unfettered market activity and growth.