By Donald W. Jones
ISBN-10: 1118627873
ISBN-13: 9781118627877
Economic thought and the traditional Mediterranean presents a finished advent to the applying of up to date fiscal concept to the traditional societies of the Mediterranean Sea from the interval of 5000 BCE to four hundred CE.
- Offers an obtainable presentation of recent financial thought and its relationships to old societies
- Presents leading edge expositions and functions of monetary concept to matters in antiquity rarely present in the literature
- Features insightful discussions of the relevance of latest fiscal versions to varied occasions in antiquity
- Written for a extensive variety of students of old Mediterranean areas, together with archaeologists, old historians, and philologists
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Additional info for Economic Theory and the Ancient Mediterranean
Example text
Using the technology associated with isoquant Q0 , a producer facing relative prices represented by AA would choose input combinations along expansion path R0 . Facing the same relative prices but using a different technology, represented by isoquant Q1 – in which the substitution of labor for land is more difficult at each land-labor combination – a producer would use a higher ratio of labor to land, represented by input choices along expansion path R1 . Consider an example of technological change later in antiquity – the Roman use of pozzolana for a hard, strong cement.
Throughout, into modern times, “open” and “kiln” pottery firing, in single- or double-chamber structures, might be found side by side in the same workshop or settlement for the production of different types of vessels or various ceramic fabrics. Moorey’s first observation focuses on the choices available to the ancient potters in choosing the combination of capital and other inputs (primarily fuel, probably, but possibly clay as well). The second observation may be a case of either coexistence of different technologies or simply of different ratios of capital to other inputs within a single technology, with the choice of that ratio depending on clay quality (which we could translate into alternative inputs) or even specific products to be produced, with the input ratio possibly influenced by the relative prices different fabrics or vessel types could command.
We can expect that these differences in relative prices would have had some impacts on the ratios of a number of these inputs, making Egyptian and Mesopotamian agriculture look more different than they actually were at a fundamental, technological level. Correspondingly, dry-land agriculture in Upper Mesopotamia, with its different relative cost of water (relative to the other inputs such as labor, land, and equipment) than existed in Lower Mesopotamia, would have conferred a considerably different appearance to agricultural practices in the two regions.
Economic Theory and the Ancient Mediterranean by Donald W. Jones
by Daniel
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