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The emergence of public finance (Antiquity and early Middle Ages) (trans. of an article by Bernhard Laum 1926)

April 2021

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An English translation of “Entstehung der öffentlichen Finanzwirtschaft - Altertum und Frühmittelalter” by Bernhard Laum (1926). This article traces the evolution of the public finance function from the Ancient Orient to the early Middle Ages. It covers the Ancient Orient (Egypt and Babylonia), Ancient Greece, the Hellenistic period, the Roman Empire, and transitional periods from Rome to the Middle Ages. In those periods, “the politikē technē [political art] is the master over the oikonomikē [economics], without a developed budgetary technique. “Antiquity did not develop a public finance system fundamentally different from the private sector economy and governed by its own laws.” A valuable reference for researchers studying the state theory of money. 42 pages. Draft Only.

ResearchGate has not been able to resolve any citations for this publication.

II 13, 224ff, he discusses the statute labor and taxes of the patrician-plebeian municipality. The older literature is given by Marquardt, Staatsverwaltung [State Administration] in the section on finances

Mommsen

Mommsen, in his Staatsrecht [Constitutional Law], vol. IP 331 ff, treats the regulation of the municipal budget and specifically the censor, vol. II 13, 224ff, he discusses the statute labor and taxes of the patrician-plebeian municipality. The older literature is given by Marquardt, Staatsverwaltung [State Administration] in the section on finances (II 2 77 ff.).

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