Economou, Emmanouil Marios L.; Kyriazēs, Nikos K.; … - In: Journal of risk and financial management : JRFM 14 (2021) 1/30, pp. 1-17
By analyzing the case of Athens during the Classical period (508-323 BCE) the main thesis of this paper is that under direct democracy procedures and the related institutional setup, a monetary system without a Central Bank may function relatively well. We focus on the following issues: (i) Τhe...
