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Routledge Democracy and Money: Classical Athens & Modern Finance

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Description

Explore how ancient Athenian monetary systems offer crucial insights for contemporary economic policy. This Routledge publication argues that post-war fiscal and monetary policies in the U.S. have left the economy vulnerable to recurring financial crises, with the authors warning that current institutional structures could precipitate global financial catastrophe. Drawing from the historical case of Classical Athens, the book introduces an innovative model of democratic governance paired with privately produced money, demonstrating how ancient economic structures addressed challenges that persist today. By examining the mechanisms that stabilised Athenian commerce and currency without modern central banking infrastructure, readers gain perspective on alternative approaches to monetary management. The authors present both a cautionary analysis of contemporary financial fragility and a forward-thinking framework grounded in historical precedent, making this essential reading for economists, policymakers, and anyone seeking to understand the relationship between democratic systems and monetary stability across centuries.

Key Features

Presents the first detailed model of democratic governance with privately produced money based on Classical Athens' economic systems.

Analyses how post-war U.S. fiscal and monetary policies have created conditions for recurring domestic and international financial crises.

Examines historical Athenian monetary mechanisms as potential solutions to modern institutional economic vulnerabilities.

Published by Routledge in the Banking, Money and International Finance series for rigorous academic credibility.

Combines historical case study with contemporary economic theory to challenge prevailing assumptions about currency and governance.

Warns of systemic risks in current financial institutions whilst proposing democratically-grounded alternative monetary models.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
13 July 2020
Listed Since
05 March 2020

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