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Recently there has been a welcome revival of scholarly interest in the economy of classical Greece. In the face of increasingly compelling arguments for the existence of a market economy in classical Athens, the Finleyan orthodoxy is finally relinquishing its long dominion. In this book, Barry O’Halloran seeks to contribute to this renewed debate by re-interrogating the ancient evidence using more recent economic interpretative frameworks.
The aim is to re-evaluate accepted orthodoxies and present the economic history of this emblematic city-state in a new light. More specifically, it analyses the economic foundations of Athens through the prism of its navy. Its macroeconomic approach utilises an employment-demand model through which enormous naval defence expenditures created an exceptional period of demand-led economic growth.
Price: $173.00
Pages: 381
Publisher: Brill
Imprint: Brill
Series: Mnemosyne, Supplements
Publication Date:
29 November 2018
ISBN: 9789004386143
Format: Hardcover
"Barry O’Halloran has written an important book on the Athenian naval economy that deserves the attention of ancient historians. (...) this is the first to explore the Athenian navy from a political-economic perspective, making it a welcome addition to the recent flurry of work on ancient Greek economic history. (...) O’Halloran is equally comfortable navigating macroeconomic terminology as he is Thucydides’ text. He shows convincingly that the Athenians considered decisions about the navy to be economic decisions. (...) Overall, O’Halloran’s book is compellingly argued, nicely articulated, and well researched. (...) The original watercolors he commissioned to brighten his pages, especially those in Chapter 9 of triremes, shipsheds and Piraeus, are a unique treat and a beautiful touch. (...) O’Halloran’s book is, and will remain, an indispensable resource and reference for anyone interested in Athenian naval or economic history." - Tim Sorg, in: BMCR 2019.09.48
Barry O’Halloran has degrees in Economics and Politics, French and Renaissance Studies and more recently (2017) was awarded a Ph.D. in Classics at Trinity College Dublin. He was a television journalist with the Irish national broadcaster, RTE, and later founded a digital communications company working in real-time financial information services.