About this book
This book is the first economic history of ancient Egypt covering the entire pharaonic period, 3000β30 BCE, and employing a New Institutional Economics approach. It argues that the ancient Egyptian state encouraged an increasingly widespread and sophisticated use of writing through time, primarily in order to better document and more efficiently exact taxes for redistribution. The increased use of writing, however, also resulted in increased documentation and enforcement of private property titles and transfers, gradually lowering their transaction costs relative to redistribution. The book also argues that the increasing use of silver as a unified measure of value, medium of exchange, and store of wealth also lowered transaction costs for high value exchanges. The increasing use of silver in turn allowed the state to exact transfer taxes in silver, providing it with an economic incentive to further document and enforce private property titles and transfers.
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Information
Table of contents
- Cover
- Half-title
- Title page
- Copyright information
- Table of contents
- Acknowledgments
- List of abbreviations
- Introduction
- 1 The Early Dynastic Period (c. 3000β2686 BCE)
- 2 The Old Kingdom and the First Intermediate Period (c. 2686β2025 BCE)
- 3 The Middle Kingdom and the Second Intermediate Period (c. 2025β1550 BCE)
- 4 The New Kingdom (c. 1550β1069 BCE)
- 5 The Third Intermediate Period (c. 1069β664 BCE)
- 6 The Saite and Persian Periods (664β332 BCE)
- 7 The Ptolemaic Period (332β30 BCE)
- Conclusion
- Notes
- Bibliography
- Source Index
- Subject Index
