The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Legal Institutions and the Ancient Economy

  • Dennis P. Kehoe
Reference work entry


This brief survey suggests some of the issues that can be investigated by a careful analysis of the relationship between legal institutions and the economy in the ancient world. By investigating legal institutions, we can better understand the relationships that shaped the economy and the likely implications of these relationships for economic performance. It covers institutions in the Ancient Greek world, in the Ancient Roman world, and more briefly in Ptolemaic Egypt.


Agency Ancient Greece Ancient Rome Ancient Egypt Law and economics New institutional economics 

JEL Classifications

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Dennis P. Kehoe
    • 1
  1. 1.