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The Economies of Hellenistic Societies, Third to First Centuries BC$
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Zosia Archibald, John K. Davies, and Vincent Gabrielsen

Print publication date: 2011

Print ISBN-13: 9780199587926

Published to Oxford Scholarship Online: March 2015

DOI: 10.1093/acprof:osobl/9780199587926.001.0001

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Autopsy of a Crisis

Autopsy of a Crisis

Wealth, Protogenes, and the City of Olbia in c.200 BC

(p.324) 15 Autopsy of a Crisis
The Economies of Hellenistic Societies, Third to First Centuries BC

Christel Müller

Oxford University Press

This chapter examines a financial crisis that happened in the city of Olbia in c.200 BC and the role of Protogenes. It develops three questions, which are closely linked: Can we, from the language of inscriptions of the early Hellenistic period, distinguish a pattern that could offer a model of a crisis? What are the mechanisms of a financial crisis? What are the possible reasons for such a crisis? While these questions are addressed in the examination of a specific case study, parallel examples can be introduced to shed light on the similarities of the problems seen elsewhere in the Hellenistic world.

Keywords:   Hellenistic economy, money supply, financial crisis, Hellenistic period, Protogenes

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