Athenian Economy and Society

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The analysis reveals the complexity of ancient Athenian banking, challenging the simplistic view of bankers as mere pawnbrokers. Edward Cohen illustrates that fourth-century bankers engaged in sophisticated financial transactions akin to modern banking practices, including lending and deposit-taking. He highlights the role of Athenian banks in enabling tax and creditor avoidance for the wealthy, while also showcasing the unexpected legal rights held by women and slaves within these family-run businesses, suggesting a more nuanced social structure than previously thought.