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Was the Ancient Greek economy a market economy?

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These terms are clearly normative in character so that essentially the argument was about whether the ancient Greek economy was like our “modern” economy, which was never carefully defined, but apparently assumed to be a free enterprise, capitalistic one with interconnected price-making markets. read more

Source: eh.net

Slaves could not vote. They were not free to make many economic choices. read more

The economy of ancient Greece was defined largely by the region's dependence on imported goods. As a result of the poor quality of Greece's soil, agricultural trade was of particular importance. The impact of limited crop production was somewhat offset by Greece's paramount location, as its position in the Mediterranean gave its provinces control over some of Egypt's most crucial seaports and trade routes. read more

"In this lucid, fine-grained, at times meditative, and witty account of the economy of ancient Greece, Bresson's prose sparkles with a full command of the ancient sources, the economic history literature, and the debates about how to use both. read more

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