Chapter Twenty-Three. The Economy

  1. Kurt A. Raaflaub Professor Director1 and
  2. Hans van Wees Professor2
  1. Hans van Wees Professor

Published Online: 17 APR 2009

DOI: 10.1002/9781444308761.ch23

A Companion to Archaic Greece

A Companion to Archaic Greece

How to Cite

van Wees, H. (2009) The Economy, in A Companion to Archaic Greece (eds K. A. Raaflaub and H. van Wees), Wiley-Blackwell, Oxford, UK. doi: 10.1002/9781444308761.ch23

Editor Information

  1. 1

    Brown University, USA

  2. 2

    University College London, UK

Author Information

  1. University College London, UK

Publication History

  1. Published Online: 17 APR 2009
  2. Published Print: 10 APR 2009

ISBN Information

Print ISBN: 9780631230458

Online ISBN: 9781444308761



  • Archaic Greece - often imagined as a world of subsistence farmers struggling to survive;
  • economic ethics in Hesiod's Works and Days;
  • work ethic and the leisure class;
  • beyond self-sufficiency - wealth as an economic goal;
  • land and labor - the agricultural regime;
  • traveling farmers, adventurers, and merchants - forms of exchange;
  • markets, coins, laws, and wars - the economy and the state


This chapter contains sections titled:

  • Economic Ethics in Hesiod's Works and Days

  • Land and Labor: The Agricultural Regime

  • Craftsmen and Other Specialists

  • Traveling Farmers, Adventurers, and Merchants: Forms of Exchange

  • Markets, Coins, Laws, and Wars: The Economy and the State

  • Conclusion: The Nature and Development of the Archaic Economy