Economic Life at the Dawn of History in Mesopotamia and Ancient Egypt : The Birth of Market Economy in the Third and Early Second Millennia BCE / Refael (Rafi) Benvenisti and Naftali Greenwood.

Format:

Book

Author/Creator:

Benvenisti, Refael, author.

Greenwood, Naftali, author.

Language:

English

Subjects (All):

Capitalism--Egypt--History.

Capitalism.

Capitalism--Iraq--History.

Physical Description:

1 online resource (224 pages)

Edition:

First edition.

Place of Publication:

Berlin, Germany : Walter de Gruyter GmbH, [2014]

Summary:

The book is a study of the emergence of market economy with modern economic institutions in the early civilizations of Mesopotamia and ancient Egypt from the third and early second millennium B.C.E. The study covers the Sumerian, Old Assyrian and Old Babylonian periods. The economic analysis is based on Institutional Economics theory, and the data on the Old Assyrian period is based on the work of many scholars that transliterated, translated and studied many of the 23,000 documents of the Old Assyrian traders found in old Kanesh in Central Turkey.The book includes chapters on the institutions of: property rights; the markets and means of exchange; the organization and finance of trade; and enforcement institutions from the judicial, social and political systems. In addition, it gives a detailed analysis of: the early means of exchange (money) like the use of volume measure of barely and weight measure of copper and silver in Sumer; various instruments establishing property rights such as Kuduru border stones, seals and inserted cones in walls; detailed analysis of the communication system and its components; and the description of the modern financial instruments used to include, for example, limited partnerships.

Contents:

Intro

Foreword

Contents

Sources

Introduction

Chapter 1 Property Rights

Chapter 2 The Market and Means of Exchange (Money)

Chapter 3 Organization and Finance

Chapter 4 Enforcement

Conclusion

List of Tables and Maps

Abbreviations

Maps

Bibliography

Index.

Notes:

Description based on publisher supplied metadata and other sources.

Description based on print version record.

Includes bibliographical references and index.

ISBN:

3-11-106553-7