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In parallel to the development of democracy, the Athenians of the Classical period established a series of sophisticated economic institutions for the time through which they developed a maritime and commercially oriented economy. This book provides a thorough analysis of this transformation and the functioning of the Athenian economy during the Classical period. Through the approach of New Institutional Economics (NIE), the book explores the establishment of key institutions including property rights protection, the legal protection of commercial contracts, prices determined by the forces of supply and demand, institutions against profiteering, banking services, the provision of loans throu...
In this book, well-renowned international scholars discuss topics related to various aspects of the history of the Battle of Salamis, inspired by the democratic origins of the Greek naval victory at Salamis. They present deductions from the battle that can be useful for today, and seek answers for a more prosperous and brighter future for our societies. Their analyses are divided into five parts in the book: 1) The democratic implications of the Battle of Salamis; 2) The strategies that lead to monumental naval victories; 3) The institutional implications of the Battle of Salamis; 4) Various societal aspects of the Athenian democracy; 5) The interconnections between two glorious battles: The...
Inspired by the democratic origins of the Greek naval victory at Salamis, the book discusses the current pressing issues of democracy worldwide. In 12 carefully selected chapters, well-renowned scholars from around the globe discuss topics such as Brexit, Euroscepticism, or the rise of populism. The authors further analyze various aspects of democracy, as well as various types of democratic regimes, such as mixed government, direct democracy, and cases of quasi democracies. While doing so, they relate this discussion to the pivotal question of how the quality of democracy today can be improved, seeking answers and solutions to current pending problems at the global level. This book is the se...
This book analyses ancient Greek federalism by focusing on one of the most organised and advanced Greek federal states, the Achaean Federation Sympoliteia. Unlike earlier studies that mainly focused on its political history, this book adopts an interdisciplinary approach, analysing aspects of the economic organization and institutions, and the political economy of the Achaean Federation, and combining these findings with political history. It also discusses the strategic choices made by significant historical figures such as generals Aratos and Philopoemen. The analysis of the Achaean Federation verifies the intertemporal federal axiom, which states that the success and viability of federal ...
In Shades of Blue, Félix Krawatzek, Friedemann Pestel, Rieke Trimçev, and Gregor Feindt investigate the political project of "Europe" as it oscillates between the extremes of expectations of an ever-wider integration and fear of disintegration. The authors interrogate and chart the space between these polarities by tracking the many competing conceptions of Europe in European public discourse and relate these meanings to national, regional, and ideological divisions. Based on qualitative discourse analyses of newspaper articles from six European Union member states between 2004 and 2023, Shades of Blue shifts how we think about Europe's integration and disintegration and offers a new perspective on Europeanization. With twelve debates chronicling Europe's past and discussing the implications for Europe's future, these authors uncover how politicians, intellectuals, and journalists negotiate European senses of belonging. Shades of Blue moves beyond the binaries of hope and despair to uncover a more nuanced picture of Europe.
The authors of this book argue that post-war fiscal and monetary policies in the U.S. are prone to more frequent and more destabilizing domestic and international financial crises. So, in the aftermath of the one that erupted in 2008, they propose that now we are sleepwalking into another, which under the prevailing institutional circumstances could develop into a worldwide financial Armageddon. Thinking ahead of such a calamity, this book presents for the first time a model of democratic governance with privately produced money based on the case of Athens in Classical times, and explains why, if it is conceived as a benchmark for reference and adaptation, it may provide an effective way out...
A comprehensive reassessment of federalism and political integration in antiquity, including detailed descriptions of all the Greek federal states.
"In parallel to the development of democracy, the Athenians of the Classical period established a series of sophisticated economic institutions for the times through which they developed a maritime and commercially oriented economy. This book provides a thorough analysis of this transformation and the functioning of the Athenian economy during the Classical period. Through the approach of New Institutional Economics (NIE), the book explores the establishment of key institutions including property rights protection, the legal protection of commercial contracts, prices determined by the forces of demand and supply, institutions against profiteering, banking services, the provision of loans thr...