Money Decentralization under Direct Democracy Procedures. The Case of Classical Athens

Money Decentralization under Direct Democracy Procedures. The Case of Classical Athens

By analyzing the case of Athens during the Classical period (508-323 BCE) the main thesis of this paper is that under direct democracy procedures and the related institutional setup, a monetary system without a Central Bank may function relatively well. We focus on the following issues: (i) Τhe proc...

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Bibliographic Details
Main Authors: Emmanouil-Marios L. Economou, Nicholas C. Kyriazis, Nikolaos A. Kyriazis
Format: Article
Language:English
Published: MDPI AG 2021-01-01
Series:Journal of Risk and Financial Management
Subjects:
Classical Athens
Athenian currency
monetary policy and institutions
direct democracy
money decentralization
monetary globalization
Online Access:https://www.mdpi.com/1911-8074/14/1/30

Internet

https://www.mdpi.com/1911-8074/14/1/30

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