Nicholas C. Kyriazis - Böcker

The authors of this book argue that post-war fiscal and monetary policies in the U.S. are prone to more frequent and more destabilizing domestic and international financial crises. So, in the aftermath of the one that erupted in 2008, they propose that now we are sleepwalking into another, which under the prevailing institutional circumstances could develop into a worldwide financial Armageddon.Thinking ahead of such a calamity, this book presents for the first time a model of democratic governance with privately produced money based on the case of Athens in Classical times, and explains why, if it is conceived as a benchmark for reference and adaptation, it may provide an effective way out from the dreadful predicament that state managed fiat money holds for the stability of Western-type democracies and the international financial system. As the U.S. today, Athens at that time reached the apex of its military, economic, political, cultural, and scientific influence in the world. But Athens triumphed through different approaches to democracy and fundamentally different fiscal and monetary policies than the U.S. Thus the readers will have the opportunity to learn about these differences and appreciate the potential they offer for confronting the challenges contemporary democracies face under the leadership of the U.S.The book will find audiences among academics, university students, and researchers across a wide range of fields and subfields, as well as legislators, fiscal and monetary policy makers, and economic and financial consultants.

The authors of this book argue that post-war fiscal and monetary policies in the U.S. are prone to more frequent and more destabilizing domestic and international financial crises. So, in the aftermath of the one that erupted in 2008, they propose that now we are sleepwalking into another, which under the prevailing institutional circumstances could develop into a worldwide financial Armageddon.Thinking ahead of such a calamity, this book presents for the first time a model of democratic governance with privately produced money based on the case of Athens in Classical times, and explains why, if it is conceived as a benchmark for reference and adaptation, it may provide an effective way out from the dreadful predicament that state managed fiat money holds for the stability of Western-type democracies and the international financial system. As the U.S. today, Athens at that time reached the apex of its military, economic, political, cultural, and scientific influence in the world. But Athens triumphed through different approaches to democracy and fundamentally different fiscal and monetary policies than the U.S. Thus the readers will have the opportunity to learn about these differences and appreciate the potential they offer for confronting the challenges contemporary democracies face under the leadership of the U.S.The book will find audiences among academics, university students, and researchers across a wide range of fields and subfields, as well as legislators, fiscal and monetary policy makers, and economic and financial consultants.

Inspired by the democratic origins of the Greek naval victory at Salamis, the book discusses the current pressing issues of democracy worldwide. In 12 carefully selected chapters, well-renowned scholars from around the globe discuss topics such as Brexit, Euroscepticism, or the rise of populism. The authors further analyze various aspects of democracy, as well as various types of democratic regimes, such as mixed government, direct democracy, and cases of quasi democracies. While doing so, they relate this discussion to the pivotal question of how the quality of democracy today can be improved, seeking answers and solutions to current pending problems at the global level. This book is the second out of two edited volumes as a sequel of an international academic conference titled Salamis and Democracy: 2500 Years After that took place between October 3rd and October 5th, 2020, on the occasion of the 2500th anniversary of the great historical event of the Battle of Salamis, which saved Greek culture and the newly founded democratic regimes throughout the Hellenic world during the Classical period (508-323 BCE). The book is a must-read for scholars and students of political science, economics, and law, as well as policy-makers interested in a better understanding of democracy, governance, populism, social choice, and constitutional law.

Inspired by the democratic origins of the Greek naval victory at Salamis, the book discusses the current pressing issues of democracy worldwide. In 12 carefully selected chapters, well-renowned scholars from around the globe discuss topics such as Brexit, Euroscepticism, or the rise of populism. The authors further analyze various aspects of democracy, as well as various types of democratic regimes, such as mixed government, direct democracy, and cases of quasi democracies. While doing so, they relate this discussion to the pivotal question of how the quality of democracy today can be improved, seeking answers and solutions to current pending problems at the global level. This book is the second out of two edited volumes as a sequel of an international academic conference titled Salamis and Democracy: 2500 Years After that took place between October 3rd and October 5th, 2020, on the occasion of the 2500th anniversary of the great historical event of the Battle of Salamis, which saved Greek culture and the newly founded democratic regimes throughout the Hellenic world during the Classical period (508-323 BCE). The book is a must-read for scholars and students of political science, economics, and law, as well as policy-makers interested in a better understanding of democracy, governance, populism, social choice, and constitutional law.

In this book, well-renowned international scholars discuss topics related to various aspects of the history of the Battle of Salamis, inspired by the democratic origins of the Greek naval victory at Salamis.

In this book, well-renowned international scholars discuss topics related to various aspects of the history of the Battle of Salamis, inspired by the democratic origins of the Greek naval victory at Salamis.

This book presents the economic heartbeat and institutional details that shaped Athenian society during the Classical period (508-323 BCE), employing an innovative and outside-the-box approach to studying history. It answers questions about societal structure, the roles of women, foreigners, and slaves, the transformation of their economy from agrarian to maritime, and commercially-oriented. 28 short fictional stories enliven the narrative, each accompanied by rigorous academic analysis - revealing how banking, insurance, and the Athenian drachma, the internationally accepted currency of the times, shaped their world.Exploring the symbiotic relationship between democracy and economic evolution, the book examines the sophisticated economic institutions of ancient Athens -ranging from property rights protection to market-driven price determination, anti-profiteering measures, measures to protect the Athenian currency’s trustworthiness from forgery, business and labor mentality and practices, international trade patterns, as well as the existence of a robust public sector related also to the provision of a series of public goods. In a comprehensive analysis, the book scrutinizes daily life, societal structures, and customs, addressing a variety of questions such as marriage, cuisine, attire, values, and entertainment.Employing New Institutional Economics as a methodology, the book puts together historical evidence with institutional analysis, offering an interdisciplinary lens through economics, political science, strategy, and behavioral theory. Richly supported by ancient sources, inscriptions, and a vast modern bibliography, this work not only explains ancient Athens but also proposes its socioeconomic pattern as a guide for modern societal challenges in economic governance and democracy.

This book presents the economic heartbeat and institutional details that shaped Athenian society during the Classical period (508-323 BCE), employing an innovative and outside-the-box approach to studying history. It answers questions about societal structure, the roles of women, foreigners, and slaves, the transformation of their economy from agrarian to maritime, and commercially-oriented. 28 short fictional stories enliven the narrative, each accompanied by rigorous academic analysis - revealing how banking, insurance, and the Athenian drachma, the internationally accepted currency of the times, shaped their world.Exploring the symbiotic relationship between democracy and economic evolution, the book examines the sophisticated economic institutions of ancient Athens -ranging from property rights protection to market-driven price determination, anti-profiteering measures, measures to protect the Athenian currency’s trustworthiness from forgery, business and labor mentality and practices, international trade patterns, as well as the existence of a robust public sector related also to the provision of a series of public goods. In a comprehensive analysis, the book scrutinizes daily life, societal structures, and customs, addressing a variety of questions such as marriage, cuisine, attire, values, and entertainment.Employing New Institutional Economics as a methodology, the book puts together historical evidence with institutional analysis, offering an interdisciplinary lens through economics, political science, strategy, and behavioral theory. Richly supported by ancient sources, inscriptions, and a vast modern bibliography, this work not only explains ancient Athens but also proposes its socioeconomic pattern as a guide for modern societal challenges in economic governance and democracy.

This book is a collection of original essays grouped into four parts under the headings “Greece and European integration,” “Issues in the Methodology of Economics,” “Institutions and the Free Market Economy,” and “Insights for Today from Ancient Greece.” The essays appeal to both researchers in the corresponding fields of knowledge and also to policy makers who are looking for ideas and approaches to confront present day challenges. In particular, given the present state of turmoil in the European Union, the international economy, and democracies in general, most of the essays offer new insights for economic and social policies.

This book is a collection of original essays grouped into four parts under the headings “Greece and European integration,” “Issues in the Methodology of Economics,” “Institutions and the Free Market Economy,” and “Insights for Today from Ancient Greece.” The essays appeal to both researchers in the corresponding fields of knowledge and also to policy makers who are looking for ideas and approaches to confront present day challenges. In particular, given the present state of turmoil in the European Union, the international economy, and democracies in general, most of the essays offer new insights for economic and social policies.

The essays in this volume explore several key issues facing democracies today. They discuss the dilemma of how to protect civil liberties and individual freedoms in the light of external threats and assess the policies adopted by governments in this area. The book also addresses the question of how free, exactly, free markets should be in an economy in order to secure social peace, before going on to highlight the rudiments of the model of social market economy, as applied in Germany. It examines the problem of the democratic and legitimacy deficits that beset European integration and suggests reforms for a more democratic European Union. Last but not least, by looking back in history, they provide evidence and propose policies for the revitalization of institutions in present-day democracies. The book is of considerable interest to researchers and students in economics and political science, as well as to readers who wish to gain insights into the thorny social issues involved.