In this paper I exploit a unique feature of the Greek institutional environment, whereby alternative cash compensation payments to directors are taxed differently from the point of view of both personal and corporate taxes. Board directors can receive cash compensation either in the form of...

Recent work on Ancient Greece sheds light on the origins of money and its effects on economy and society. This review essay analyzes such work and relates it to themes familiar to economists. It examines monetary functions in the heroic world and the effects of introducing coinage in Classical...