The Ancient Egyptian Economy: 3000–30 BCE - Image 1

£90.60

Cambridge University Press The Ancient Egyptian Economy: 3000–30 BCE

Name: The Ancient Egyptian Economy: 3000-30 BCE
Brand: Cambridge University Press
Price: 90.6 GBP
Availability: InStock

Business & Economic History

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Description

This book is the first economic history of ancient Egypt covering the entire pharaonic period, 3000–30 BCE, and employing a New Institutional Economics approach. It argues that the ancient Egyptian state encouraged an increasingly widespread and sophisticated use of writing through time, primarily in order to better document and more efficiently exact taxes for redistribution. The increased use of writing, however, also resulted in increased documentation and enforcement of private property titles and transfers, gradually lowering their transaction costs relative to redistribution. The book also argues that the increasing use of silver as a unified measure of value, medium of exchange, and store of wealth also lowered transaction costs for high value exchanges. The increasing use of silver in turn allowed the state to exact transfer taxes in silver, providing it with an economic incentive to further document and enforce private property titles and transfers.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1107113369
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 30 April 2016
Listed Since: 17 October 2015

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Cambridge University Press The Ancient Egyptian Economy: 3000–30 BCE

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