Our objectives in this paper are threefold. First, we identify the nature of entrepreneurial climate in ancient Athens. Drawing on the analyses of Athenian writers we argue that, although philosophers, politicians, and generals enjoyed greater civil and social status relative to those pursuing...

The efforts to alleviate poverty by increasing social budgets have failed everywhere in the world and now the question is what else can be done to support those that are left behind. In this paper we search for illumination in the approaches to education that Athens and Sparta adopted in the...

The importance of the institutional framework for economic development is widely accepted today and it is duly stressed in the economic literature. The protection of property rights, the enforcement of contracts and an efficient legal system are the pillars of the contemporary rule of law....