The article analyzes the role of the aristocracy in democratic Athens, i.e. in the Vth Century B.C. What happened to the aristocracy in democratic Athens? Whether the aristocrats were able to adapt themselves to new social and political realities? It is suggested that there took place their...

Our objectives in this paper are threefold. First, we identify the nature of entrepreneurial climate in ancient Athens. Drawing on the analyses of Athenian writers we argue that, although philosophers, politicians, and generals enjoyed greater civil and social status relative to those pursuing...