Entrepreneurship in Classical Greek Literature<sup>1</sup>

Karayiannis, Anastassios D.

doi:10.1111/j.1813-6982.1992.tb00216.x

Cited by 19 publications

(10 citation statements)

References 11 publications

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“…59 (4) Special laws protected creditors whose main business was to offer loans to/or invest to businesses. Their economic role was considered important (Karayiannis 1992) and they were protected by special legislation (Demosthenes, Against Phormio, 50-2). A related case is illustrative: a citizen disputes the expropriating of an estate by the state because he was also a creditor seeking relief from the same property (Lysias, Relating to Offences Directly Against the State, 4, 6).…”

Section: Formal Legal Rulesmentioning

confidence: 99%

“…17 According toAristotle (Eudemian Ethics, 1232a, 8-10), ''the profiteer is mean […] in accepting anything''. See alsoXenophon (Symposium, IV, 42), Aristotle (Politics, 1267a, 10-15, Rhetoric, 1369a, 10-15); Lysias, Defence Against a Charge of Subverting the Democracy 16;Karayiannis (1990Karayiannis ( , 1992.18 Unjust enrichment has been socially disapproved sinceHesiod (Works and Days,[320][321][322][323][324][325].19 It was John StuartMill (1848): 887 who emphasized the importance of honesty in transactions as instrumental to economic progress, a view that is prevalent today (see e.g Reder 1979;. North 1990: 33; 122-3;Platteau 1994b): 753-4, 756-9.…”

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confidence: 98%

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Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens

Karayiannis

Hatzis

2010

Eur J Law Econ

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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. However, formal institutions cannot function without being internalized by the citizens and without the strong backing of social norms. Morality and social norms are the major elements of the informal institutional structure, the social capital, which is also critical for social welfare and economic development. In this paper we will discuss both the formal and the informal institutional framework of Ancient Athens, which was a free market society with economic problems similar to contemporary market societies. Athenians developed a highly sophisticated legal framework for the protection of private property, the enforcement of contracts and the efficient resolution of disputes. Such an institutional framework functioned effectively, cultivating trust and protecting the security of transactions. This entire system however was based on social norms such as reciprocity, the value of reputation and widely accepted business ethics. Conformity to social norms as well as moral behavior was fostered by social sanction mechanisms (such as stigma) and moral education. The Athenian example is a further proof of the The first draft of the paper was presented in the 11th conference of the European Society of the History of Economic Thought, Strasbourg, July 2007. We wish to thank the participants and especially Stephano Solari for their valuable comments and suggestions. The authors also extend many thanks to Christos Baloglou, Aspasia Tsaoussi and an anonymous referee for their helpful comments and Danai Avgeri for her excellent research assistance. The usual disclaimer applies. The translations of the original Greek texts used in this paper are based on the English translations of the Perseus Project importance of morality and social norms as transaction cost-saving devices even in quite sophisticated legal systems. Their absence or decline leads inevitably to the need for more regulation and litigation and to a growing preference for clear-cut rules instead of discretionary standards. Athenian law was pioneering in the development of rules and institutional mechanisms suitable for the reduction of transaction costs, many of them surviving in the most complex contemporary legal systems.

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Section: Formal Legal Rulesmentioning

confidence: 99%

mentioning

confidence: 98%

Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens

Karayiannis

Hatzis

2010

Eur J Law Econ

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“…For our purposes it is sufficient to note that the role of the entrepreneur and entrepreneurship has been given numerous characterizations in economic literature from the time of Greek writers (Karayiannis, 1992) onward. In what may be termed the "naiveneoclassical" view, where rational mechanics and zero transaction costs serves as the benchmark of economic theory, there is no role for the entrepreneur.…”

Section: Entrepreneurship and Economic Theorymentioning

confidence: 99%

Can Entrepreneurship Be “Unproductive?” Towards An Evolutionary Interpretation

Davidson

Ekelund

1994

Review of Social Economy

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“…É possível encontrar o interesse pelo empreendedorismo desde muito tempo na história humana (Landström, 2005;Karayiannis, 1992Karayiannis, e 2003Britos e Karayiannis, 2002;Landes et al, 2012;Casson e Casson, 2013). Descobrir e identificar novas oportunidades de negócio e explorar tais possibilidades em novos empreendimentos para ganho econômico tem sido uma das mais fundamentais atividades humanas ao longo da história (Landström, 2005, pp.4-5).…”

Section: As Indefinições De Empreendedorismounclassified

“…Karayiannis (1992 Karayiannis ( e 2003 e Britos eKarayiannis (2002) utilizam-se deste termo para dar nome a sociedades caracterizadas por alguma liberdade nas condições de mercado, como a propriedade privada, mecanismo de mercado, sistema adequado de moeda e crédito e trabalhadores assalariados livres.…”

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Somos todos empreendedores? A demanda empreendedora como dispositivo de governo neoliberal

Oliveira¹,

Manuella²

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Tenho o costume de ler os Agradecimentos em teses e dissertações. São bonitas as várias maneiras de escrever sobre a gratidão. Sejam mais formais e discretos ou mais poéticos e inventivos, os agradecimentos das autoras e dos autores me lembram que uma pesquisa nunca pertence ao pesquisador, mas é o resultado de incontáveis conversas e experiências entre o pesquisador e o mundo. A pesquisa é sempre da gente. (Ressaltando, no entanto, que não há qualquer responsabilidade dessa gente sobre os meus possíveis equívocos na escrita desta tese). E é a essa gente que tento aqui agradecer. Agradeço... Aos trabalhadores com os quais convivi e que me permitiram conhecer suas trajetórias. À querida Bia Rocha e à equipe do Programa Aproxima-Ação. Aos funcionários da USP, especialmente aos funcionários da Prefeitura do campus do Butantã. À secretaria do Programa de Psicologia Social e do Trabalho. Meu agradecimento sincero ao trabalho de Nalva, Rosangela, Selma e Teresa. Aos Professores do IPUSP. Aos colegas integrantes do TraMPoS. À minha orientadora, Professora Leny Sato, pela firmeza de quem sabe o que é e daquilo que se propõe realizar. Minha admiração e gratidão por tudo o que ela representa para aqueles que se aventuram nos estudos do trabalho, sempre junto aos trabalhadores. À minha banca de qualificação. À Professora Fabiana Jardim, pela atenção aos detalhes e pelo reconhecimento de minha pesquisa; ao Professor Fábio de Oliveira, por sua generosidade e autenticidade. As contribuições de ambos foram fundamentais para a escrita desta tese. À banca de defesa. Pelo aceite do convite e pela leitura atenta. À Professora Valerie Walkerdine, por me dizer "vá em frente". A escrita desta tese deve muito aos seis meses de trocas e debates sobre experiências de pesquisa.

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Entrepreneurship in Classical Greek Literature¹

Cited by 19 publications

References 11 publications

Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens

Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens

Can Entrepreneurship Be “Unproductive?” Towards An Evolutionary Interpretation

Somos todos empreendedores? A demanda empreendedora como dispositivo de governo neoliberal

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Entrepreneurship in Classical Greek Literature1

Cited by 19 publications

References 11 publications

Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens

Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens

Can Entrepreneurship Be “Unproductive?” Towards An Evolutionary Interpretation

Somos todos empreendedores? A demanda empreendedora como dispositivo de governo neoliberal

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Product

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Entrepreneurship in Classical Greek Literature¹