1st Edition
Guilds, Price Formation and Market Structures in Byzantium
By George C. Maniatis
Copyright 2009
412 Pages
by
Routledge
412 Pages
by
Routledge
Also available as eBook on:
The essays reproduced in this volume analyze the guild system in Byzantium and the West, and investigate for the first time the process of price formation in Byzantium. Innovative approaches are devised to fathom the conceptual basis, institutional parameters, market organization and structures, and market dynamics which shaped price determination. Correlatively, it is persuasively established... Read more
Contents: Introduction; Guild Organizational Structure and Scope of Operations: The domain of private guilds in the Byzantine economy, 10th to 15th centuries; The guild system in Byzantium and medieval Western Europe: a comparative analysis of organizational structures, regulatory mechanisms, and behavioral patterns. The Guild System in Action: Organization, market structure, and modus operandi of the private silk industry in 10th-century Byzantium; The organizational setup and functioning of the fish market in 10th-century Constantinople. Price Formation and the Role of the State: Pricing of the factors of production in the Byzantine economy; Price formation in the Byzantine economy 10th to 15th centuries; Operationalization of the concept of just price in the Byzantine legal, economic and political system. Index.
Biography
Before his retirement, George C. Maniatis was Principal Economist at the World Bank, and since then has worked as an independent scholar, researching the Byzantine economy.
