History and analysis of the economic and social development of debt, interest-bearing loans, royal remission of debts, and economic renewal policies.

In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the first time.

LABOR IN THE ANCIENT WORLD Edited by Piotr Steinkeller and Michael Hudson. The fifth volume in this series sponsored by the International Scholars Conference on Ancient Near Eastern Economies (ISCANEE) and the Institute for the Study of Long-Term Economic Trends (ISLET) offers case studies on how labor was mobilized and remunerated in the early Near East and Mediterranean world. The initially voluntary character of labor on public building projects evolved into corvee as the primary way of obtaining labor. Among other characteristics are the minor significance of slave labor; the role of large building projects as a tool of social and political integration; the use of hired workers as a way of dealing with the systemic shortage of labor, and the practice of compensating the employees of large organizations with salaries in food and/or land allotments. By late Neolithic times the obligation to supply corvee labor services became the basis for assigning land tenure. The historical data demonstrate that the corvee labor tax became the basis for assigning property rights, not a later intrusion on these rights. (2015) Other books in this series: PRIVATIZATION IN THE ANCIENT NEAR EAST AND CLASSICAL WORLD Edited by Michael Hudson and Baruch A. Levine. Archaeologists, economists, and Assyriologists describe the increasingly private control of land, handicraft workshops, and credit from the Bronze Age through classical antiquity. (1996) URBANIZATION AND LAND OWNERSHIP IN THE ANCIENT NEAR EAST Edited by Michael Hudson and Baruch A. Levine. The impact of debt, private land ownership, and urbanization on ancient societies as evidenced by archaeological data, surviving financial records, and other documents. (1999) DEBT AND ECONOMIC RENEWAL IN THE ANCIENT NEAR EAST Edited by Michael Hudson and Marc Van De Mieroop. The origins of interest-bearing debt and its dynamics from Sumer down through the Neo-Babylonian epoch, and the tradition of royal Clean Slates that later became the Biblical Jubilee Year. (2002) CREATING ECONOMIC ORDER RECORD-KEEPING, STANDARDIZATION AND THE DEVELOPMENT OF ACCOUNTING IN THE ANCIENT NEAR EAST Edited by Michael Hudson and Cornelia Wunsch. The extent to which accounting practices shaped economic life from early Uruk (c. 3300 BC) through the Neo-Babylonian period, as well as in Egypt, Crete, and Mycenaean Greece. (2004) "

The Sacred Economy of Ancient Israel offers a new reconstruction of the economic context of the Bible and of ancient Israel. It argues that the key to ancient economies is with those who worked on the land rather than in intermittent and relatively weak kingdoms and empires. Drawing on sophisticated economic theory (especially the Régulation School) and textual and archaeological resources, Roland Boer makes it clear that economic “crisis†was the norm and that economics is always socially determined. He examines three economic layers: the building blocks (five institutional forms), periods of relative stability (three regimes), and the overarching mode of production. Ultimately, the most resilient of all the regimes was subsistence survival, for which the regular collapse of kingdoms and empires was a blessing rather than a curse. Students will come away with a clear understanding of the dynamics of the economy of ancient Israel. Boer's volume should become a new benchmark for future studies.

A survey by twelve leading experts of the types of security available to creditors in the earliest recorded legal systems, and of the ways in which the law sought to satisfy the conflicting interests of creditors and debtors.

"The Oxford History of the Ancient Near East offers a comprehensive and fully illustrated survey of the history of Egypt and Western Asia (Levant, Anatolia, Mesopotamia and Iran) in five volumes, from the emergence of complex states to the conquest of Alexander of Great. The authors represent a highly international mix of leading academics whose expertise brings alive the people, places and times of the remote past. The emphasis lies firmly on the political and social histories of the states and communities under investigation. The individual chapters present the key textual and material sources underpinning the historical reconstruction, giving special attention to the most recent archaeological finds and how they have impacted our interpretation. The first volume covers the long period from the mid-tenth millennium to the late third millennium BC and presents the history of the Near East in ten chapters "From the Beginnings to Old Kingdom Egypt and the Dynasty of Akkad". Key topics include the domestication of animals and plants, the first permanent settlements, the subjugation and appropriation of the natural environment, the emergence of complex states and belief systems, the invention of the earliest writing systems and the wide-ranging trade networks that linked diverse population groups across deserts, mountains and oceans"--