M. I. Finley, who died in 1986, was Professor of Ancient History and Master of Darwin College at Cambridge University.
Review
"A splendid contribution to the economic history of classical antiquity. It compels the reader to recognize
the depth of the transformation from the ancient consumer economy based on slave and serf labor to the modern capitalist,
investment, production, profit economy."
--Floyd Sewer Lear, Business History Review
"The Ancient Economy holds pride of place among the handful of genuinely influential works of ancient history.
This is Finley at the height of his remarkable powers and in his finest role as historical iconoclast and intellectual
provocateur. It should be required reading for every student of pre-modern modes of production, exchange, and consumption."
--Josiah Ober, author of Political Dissent in Democratic Athens
The University of California Press Web Site, June, 2002
Summary
"Technical progress, economic growth, productivity, even efficiency have not been significant goals since
the beginning of time," declares M. I. Finley in his classic work. The states of the ancient Mediterranean
world had no recognizable real-property market, never fought a commercially inspired war, witnessed no drive to
capital formation, and assigned the management of many substantial enterprises to slaves and ex-slaves. In short,
to study the economies of the ancient world, one must begin by discarding many premises that seemed self-evident
before Finley showed that they were useless or misleading. Available again, with a new foreword by Ian Morris,
these sagacious, fertile, and occasionally combative essays are just as electrifying today as when Finley first
wrote them.