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The Ancient Economy by M. I. Finley
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The Ancient Economy

by M. I. Finley

Series: Sather Classical Lectures (43)

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This book was immensely influential in its day. I use "in its day" to point to the out-of-date approach of Finley and his subsequent eclipse. He states that there is essentially no "ancient economy" and that we can't use economic yardsticks to measure what was essentially a status, non-market based economy. He states on page 23: "There was no business cycles in antiquity; no cities whose growth can be ascribed, even by us, to the establishment of manufacture..." I think modern archaeology would disagree with his statement. His method of analysis is textual literary analysis and he even uses remarks uttered by Trimalchio to support his conclusions! Things have come along way. Perhaps better is "The Archaeology of the Roman Economy" by Green. In any case, it's amazing how much classical studies have changed in 35 years. ( )
  haeesh | Nov 26, 2007 |
A fascinating book. Some of the per-se economics is wrong, or at least out of date. But, like everything Finley wrote, it's briliant, forcing intellectual daring and rigor on a discipline--at best--too accustomed to lazy, unreflective "common sense" reasoning. ( )
  timspalding | Jan 20, 2007 |
The subject matter is fascinating but Finley's writing is inaccessible. For an academic, that's praise. For me, it means that I still haven't managed to wade through it. ( )
  PaulFAustin | Nov 20, 2006 |
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Wikipedia in English (4)

Moses I. Finley

Slavery in ancient Greece

The Ancient Economy (book)

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Amazon.com Product Description (ISBN 0520219465, Paperback)

"Technical progress, economic growth, productivity, even efficiency have not been significant goals since the beginning of time," declares M. I. Finley in his classic work. The states of the ancient Mediterranean world had no recognizable real-property market, never fought a commercially inspired war, witnessed no drive to capital formation, and assigned the management of many substantial enterprises to slaves and ex-slaves. In short, to study the economies of the ancient world, one must begin by discarding many premises that seemed self-evident before Finley showed that they were useless or misleading. Available again, with a new foreword by Ian Morris, these sagacious, fertile, and occasionally combative essays are just as electrifying today as when Finley first wrote them.

(retrieved from Amazon Fri, 24 Apr 2009 07:58:09 -0400)

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