Alexander the Great

Total wealth held by American households as reference point for ancient finances

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Here is another point of reference I’ll use for my discussion of ancient finances. The Wall Street Journal reported on 6/7/16:  Americans’ Total Wealth Hits Record, According to Federal Reserve Report. (Cross post from Attestation Update.) Want to add this additional frame of reference before getting back to looking at Alexander’s haul as he looted […]

Alexander the Great

Compensation for skilled construction worker

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The description of how much a drachma or Athenian Talent is worth is best considered by converting it to how many days labor could be purchased. Determining the silver content and converting that weight of silver to current dollars based on current silver values produces nonsensical answers. So I will try to adjust from a day’s […]