Non-Fiction Books:

Money in Ptolemaic Egypt

From the Macedonian Conquest to the End of the Third Century BC

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Paperback / softback

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Money in Ptolemaic Egypt by Sitta Von Reden
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Description

This book explores the impact of Alexander the Great's introduction of coined money on the economy and society of Egypt and its political implications for the formation of the Ptolemaic state. It argues that the introduction of coinage happened slowly, spreading gradually from Alexandria into the chora. Under Ptolemy II, however, Egypt was aggressively monetised. Using both numismatic and papyrological evidence, the workings of a rural monetary economy are reconstructed where coinage was in high demand, but in short supply. It is argued that by the middle of the third century BC Egypt was much more thoroughly monetised than is usually assumed, but that the degree of monetisation was sustained only by an extensive credit economy as well as ad hoc commutation of monetary payments into kind. Contextualising the complexities of credit and banking in rural Egypt, the book offers a fresh picture of their function in the ancient economy.

Author Biography

Sitta von Reden is Lecturer in Ancient History at the University of Augsburg, having previously taught at Bristol. She is the author of Exchange in Ancient Greece (1995) and co-editor, with Paul Cartledge and Paul Millett, of Kosmos: Essays in Order, Conflict and Community in Classical Athens (1998).
Release date Australia
February 11th, 2010
Country of Publication
United Kingdom
Illustrations
Worked examples or Exercises
Imprint
Cambridge University Press
Pages
380
Dimensions
152x229x21
ISBN-13
9780521130547
Product ID
4013169

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