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In this book Reinhard Pirngruber provides a full reassessment of the economic structures and market performance in Late Achaemenid and Seleucid Babylonia. His approach is informed by the theoretical insights of New Institutional Economics and draws heavily on archival cuneiform documents as well as providing the first exhaustive contextualisation of the price data contained in the Babylonian Astronomical Diaries. Historical information gleaned from the accounts of both Babylonian scholars and Greek authors shows the impact of imperial politics on prices in form of exogenous shocks affecting supply and demand. Attention is also paid to the amount of money in circulation. Moreover, the use of regression analysis in modelling historical events breaks new ground in Ancient Near Eastern Studies and gives new impetus to the use of modern economic theory. The book explains the theoretical and statistical methods used so that it is accessible to the full range of historians.
This exciting new volume examines the development of market performance from Antiquity until the dawn of the Industrial Revolution. Efficient market structures are agreed by most economists to serve as evidence of economic prosperity, and to be prerequisites for further economic growth. However, this is the first study to examine market performance as a whole, over such a large time period. Presenting a hitherto unknown and inaccessible corpus of data from ancient Babylonia, this international set of contributors are for the first time able to offer an in-depth study of market performance over a period of 2,500 years. The contributions focus on the market of staple crops, as they were crucial goods in these societies. Over this entire period, all papers provide a similar conceptual and methodological framework resting on a common definition of market performance combined with qualitative and quantitative analyses resting on new and improved price data. In this way, the book is able to combine analysis of the Babylonian period with similar work on the Roman, Early-and Late Medieval and Early Modern period. Bringing together input from assyriologists, ancient historians, economic historians and economists, this volume will be crucial reading for all those with an interest in ancient history, economic history and economics.
ELECTRUM has been published since 1997 by the Department of Ancient History at the Jagiellonian University in Cracow as a collection of papers and monographs. Publishes scholarly papers embodying studies in history and culture of Greece, Rome and Near East from the beginning of the First Millennium BC to about AD 400. Contributions are written in English, German, French and Italian.
List of members in v. 3-
A presentation of the various indigenous coin issues that circulated in Eastern Arabia during the pre-Islamic era as attested in five private collections studied by the author. The basis for the classification is a corpus of 529 coins selected from those collections for publication here. Geographically, the coins came from two distinct regions which today comprise the Eastern Province of the Kingdom of Saudi Arabia and the Emirate of Umm al-Qaiwain in the United Arab Emirates. Foreign issues were rare in these areas, although a handful of Sasanian, Roman, Seleucid, Greek, Phoenician, Nabataean, Elymaean, Parthian and Sabaean coins have been attested to in the collections that form the basis of this work.