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Prices in Hellenistic Babylonia

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image of Journal of the Economic and Social History of the Orient

A record of prices of basic commodities from Hellenistic Babylonia, even though incomplete, provides unusually detailed information about economic conditions there. From these prices, particularly for food, it is possible to derive conclusions concerning price levels and standards of living over a period of three centuries or so. The Seleucid period is revealed as one of high prosperity, building on a previous advance, but it was followed by a fall in living standards during the first century of Parthian rule.


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