Nineteenth century German thinkers have been instrumental in defining and shaping the debate about the nature of the ancient Greek economy. The present essay reviews the debate between primitivism and modernism and, following Max Weber’s contributions, its successor debate between substantivism and formalism. As this debate concerns the applicability of the rational choice model to the decision-making of the ancient actor, the paper also surveys questions about the role of institutions and ideology in explaining economic behaviour.
|Title of host publication||German-Greek Yearbook of Political Economy Volume 2 2019|
|Place of Publication||Munich|
|Number of pages||25|
|Publication status||Published (in print/issue) - 12 Aug 2019|
- Ancient Greek economy; primitivism; modernism; substantivism; formalism; instrumental rationality; irrationality; ideology