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eBook Wages, Welfare Costs and Inflation in Classical Athens ePub

eBook Wages, Welfare Costs and Inflation in Classical Athens ePub

by William T. Loomis

  • ISBN: 0472108034
  • Category: Business and Finance
  • Subcategory: Other
  • Author: William T. Loomis
  • Language: English
  • Publisher: University of Michigan Press (January 4, 1999)
  • Pages: 424
  • ePub book: 1211 kb
  • Fb2 book: 1236 kb
  • Other: doc azw lrf lit
  • Rating: 4.3
  • Votes: 277

Description

William T. Loomis examines all surviving Athenian wages, salaries, welfare payments and other labor costs to. .

William T. Loomis examines all surviving Athenian wages, salaries, welfare payments and other labor costs to determine what people really were paid for various kinds of work and allowances. Three additional chapters then consider whether there was a "standard wage," inflation and deflation in Athens, and the implications of these conclusions for the hotly debated question about the nature of the Athenian economy.

Loomis, William T. 1998. Wages, welfare costs, and inflation in classical Athens. Ann Arbor: The University of Michigan Press.

Author: Loomis, William T. Note: Ann Arbor: University of Michigan Press, c1998. Public welfare - Greece - Athens - History.

The chorus¿ depiction of Ares as a ¿gold-changer of bodies¿ and trader in precious metals underscores the increased intersection of finances and war in fifth-century Athens. The metaphor¿s details point to three contemporary developments (in addition to the patrios nomos allusion noted by Fraenkel): the increased conscription of citizens, the institution of pay for military service, and the payment of financial support for war orphans ) and money, and profiting from its acceptance. Loomis has written: 'The Spartan War fund'. Wages, welfare costs, and inflation in classical Athens' - subject(s): History, Inflation (Finance), Wages, Public welfare, Cost and standard of living. What has the author William T Lockett written? William T. Lockett has written: 'Twyman'. What has the author William T Bianco written? William T. Bianco has written: 'American Politics'. What has the author William T Harbaugh written? William T. Harbaugh has written: 'Theft and deterrence'.

Loomis Wages, Welfare Costs and Inflation in Classical Athens. Ann Arbor: University of Michigan Press, 1998. Full text views reflects the number of PDF downloads, PDFs sent to Google Drive, Dropbox and Kindle and HTML full text views. Total number of HTML views: 0. Total number of PDF views: 0 .

Finally, eighty pages of appendices delineate specific sums for individual costs

Loomis, Wages, Welfare Costs and Inflation in Classical Athens. Pp. xx, 403. ISBN 0-472-10803-4. com) Word count: 1966 words. Finally, eighty pages of appendices delineate specific sums for individual costs.

The Welfare Cost of Inflation in Canada and the United States. In monetary models where M0 has no social costs and a positive demand for cash and deposits is taken as a primitive, we show that the compensating variation in endowment is the exact general equilibrium measure of welfare costs of perfectly anticipated inflation. As a consequence, we show that a good approximation to the welfare costs of inflation is given by the area under the compensated demand.

In macroeconomics, the welfare cost of inflation comprises the changes in social welfare caused by inflation. The traditional approach, developed by Bailey (1956) and Friedman (1969), treats real money balances as a consumption good and inflation as a tax on real balances. This approach measures the welfare cost by computing the appropriate area under the money demand curve

William T. Loomis examines all surviving Athenian wages, salaries, welfare payments and other labor costs to determine what people really were paid for various kinds of work and allowances. These determinations, in turn, enable the author to cast a new and authoritative light on three controversial questions: Was there a "standard wage" in Athens? Were there periods of inflation and deflation? Did Athenians have an "embedded" or a "market" economy?Individual chapters critically examine each surviving wage or other payment in thirteen job categories, including public office holders; soldiers and sailors; priests, oracles, and seers; overseers, architects, and other salaried construction personnel; and prostitutes and pimps. Three additional chapters then consider whether there was a "standard wage," inflation and deflation in Athens, and the implications of these conclusions for the hotly debated question about the nature of the Athenian economy.This is the first comprehensive study of Athenian labor and welfare costs since August Böckh's Die Staatshaushaltung der Athener (1886). An updated critical study has been much needed, to take account of the greatly expanded evidence (Aristotle's Constitution of the Athenians, more than a dozen other papyrus texts and hundreds of inscriptions), and the uneven quality of the sources. This collection allows William T. Loomis to argue--contrary to prevailing scholarly opinion--that there never was a "standard wage" at Athens."This volume will be a significant contribution to all studies of ancient Greek civilization." --Alan L. Boegehold, Brown UniversityWilliam Loomis is Visiting Professor of Classics, University of Michigan.