The Invention of Coinage and the Monetization of Ancient Greece

David Schaps

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English

The University of Michigan Press
15 September 2015

History; Monetary economics; Economic history; Coins, banknotes, medals, seals (numismatics)

"The invention of coinage was a conceptual revolution, not a technological one. Only with the invention of Greek coinage does the concept """"money"""" clearly materialize in history. Coinage appeared at a moment when it fulfilled an essential need in Greek society, bringing with it rationalization and social leveling in some respects, while simultaneously producing new illusions, paradoxes, and elites.

In an argument of interest to scholars of ancient history and archaeology as well as to modern economists, David M. Schaps addresses a range of issues pertaining to major shifts in ancient economies, including money, exchange, and economic organization in the Near East and Greece before the introduction of coinage; the invention of coinage and the reasons for its adoption; and the development of using money to generate greater wealth."

By: David Schaps
Imprint: The University of Michigan Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm, Spine: 25mm
Weight: 475g
ISBN: 9780472036400
ISBN 10: 0472036408
Pages: 312
Publication Date: 15 September 2015
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

David M. Schaps is Professor of Classics at Bar-Ilan University in Israel.